SUMMARY
Cannabis Coin (CANN/USD) is working hard on completing the handle formation of the larger degree Cup & Handle. This is labeled with an abc correction as shown in below chart. The subwaves of the red C waves are labeled as 1,2,3,4,5 and so it suggests a one more lower low. The key is to see if price can breach the upper line of the triangle. If it does, it would likely be the onset of a minor degree of trend impulse as shown. This ipulse would probably rise to the 0.618 of the decline and would mark a decisivey trend change!
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