Description
⋅ Hello my dear followers and newcomers
Today I´ve prepared another educational pattern TA.
XLMBTC chart shows possible Cup & Handle pattern forming as title says.
Full info about C&H pattern with awesome vizualization you can find in the link below
investopedia.com/terms/c/cupandhandle.asp
BUY & SELL trigger is based on previous call
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⋅ It looks like that handle of that cup turned into C&H as well.
C&H in a C&H :)
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⋅ Bear div on Daily. Seems like first down before up
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⋅ Something interesting to think about
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⋅ So far holding 0.618 and 4h MACD is getting squeezed. Might be good to go soon
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⋅ Trade active
⋅ There goes the curve alive
All hanges on what BTC will decide next.
P. S
There are more Alts showing the same pattern