Imagine this: Cup and handle Long

BITTREX:XLMBTC1D

Stellar Lumens / BitcoinBittrex

Description

⋅ Dec 18, 2017 9:27 PM

Something i've been hoping for for few months now. Possible, dont you think?

Comment

⋅ Jan 1, 2018 3:51 AM

This is going according to the plan so far ! Could probably get to 34ish soon !

Trade active

⋅ Jan 1, 2018 12:42 PM

So we reached our 34ish, now a bit of consolidation before last move to the moon.

Trade closed: target reached

⋅ Jan 10, 2018 5:26 PM

Well, it looks like it wasnt a cup and handle as we've went way too high.
Im out of this now, might look into getting in around 33 - 38 again.

Trade active

⋅ May 15, 2018 10:13 PM

Time to end this cup and handle with a bit of a moon? :D

Comments

bananafund

⋅ Dec 19, 2017 7:07 PM

I like this idea... But I think it requires some strong fundamentals / good news very very soon to pull off. Failing that, I think the cup formation is lower (edges at 1500) and we'll correct then go up in the new year (Jan/Feb).

This is the more conservative version of the same thing:

jeremyalain

⋅ Dec 18, 2017 9:28 PM

yes of course, but i think it will take some time. may need to correct a touch or accumulate to get the energy up IMHO.

primiq

⋅ Dec 18, 2017 10:00 PM

@jeremyalain, I can see whre you are coming from.
It's been over a year and a half since our highest high and the volume dried up in September, followed by nice volume build up and steady rise.
1.5 years is a long time for cup and handle ! Newsflow very steady.
It might take some time, but anytime now would make a lovely chart :)

jeremyalain

⋅ Dec 18, 2017 10:17 PM

@primiq, totally agree this is a C&H coming together!!

primiq

⋅ Dec 18, 2017 10:39 PM

@jeremyalain, Let's hope it does, there is many other possibilities i guess :)