- Lower band of the local emerging channel
- Lower band of BB
- Previous local bottom
- 50% Fib retracement from the last top
- the volume in the last drop is not significant
- dominant bearish channel upper band
- failed breakout from the dominant bearish channel
- RSI is not oversold
- RSI breaked ...
On Huobi 1D cup and handle is forming. Cup is about 16 weeks long, range 3758 - 5180. The finex hack down spike is not considered, staying on the conservative side for TP. Handle is just started to forming. About 30% retracement is done, within 4 weeks testing the top again. If volume confirms the breakout than the ...