Here is the HUGE cup and handle BULLISH formation I had blogged before. Check out the handle! Note how prices pierced the bottom trend line but immediately returned inside the channel (arrow with #1). This is bullish! Notice how also, the price decisively broke above the upper trend line (arrow wit #2). This is double bullish! A Cup and Handle Bullish Breakout DEAD AHEAD! $5.50 anyone?
Here is a close up of the price chart with Elliot Wave labels. Very nice 1,2,3,4,5 wavels placed with abc done and now, price should rise impulsively in waves i,ii,iii,iv and v.
I am BUY! BUY! BUY! BUYING!
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.