BTC Daily Chart - Cup and Handle formation - Target $89k Dec 6th
I'm not convinced this is a great Cup and Handle formation, but it is there and it is also on ETH.
However, if you compare it to the other charts, the numbers seem to be within the same reasonable ballpark and timeframe, so it's possible that multiple patterns will more strongly confirm the target.
I also don't remember how to calculate the estimated date for a C&H target to complete, so I just used 60 days as an estimate.
Lets see how this one does after the test of time.
However, if you compare it to the other charts, the numbers seem to be within the same reasonable ballpark and timeframe, so it's possible that multiple patterns will more strongly confirm the target.
I also don't remember how to calculate the estimated date for a C&H target to complete, so I just used 60 days as an estimate.
Lets see how this one does after the test of time.
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