Cup & Handle Patterns on BTC pairs: ARDR/BTC

in #bitcoin7 years ago

This is a call for the CUP and HANDLE Lovers and Traders.

This time we have a formed CUP on ARDR/BTC.

  • ARDOR has completed a 5th impulsive rising its price to the level of the upper limit of the drawn cup.
  • Currently ARDOR is correcting and, very likely, forming its handle right now.
  • According to the Pattern Recognition Technics, ARDOR would start a bullish cycle as soon as it finishes this correction that will bring it to a minimum target of 0.0002126 BTC which represents +92% from the current price.

  • Time to entry will be as soon as the upper limit of the cup is broken, following the EW-wave sketched at the chart.
  • As always, place your sell and stop-losses conveniently

Enjoy Cryptoland!

CUP and HANDLE PATTERN BASICS:

Image Source

@toofasteddie

*This is just my personal point of view, please, do your own assessment and act consequently and, please, never invest more than you can afford.

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i'm in the CUP and HANDLE Lovers Team!

excellent TA @toofasteddie! Resteemed!

I have been interested in ARDR for a few days now, maybe I should invest a little bit now...

Try it at Poloniex, Bittrex seems to have problems with this coin nowadays

Good call!