Cup and handle or Double Top
2 possible outcomes.
1. Cup and handle forms, to the moon.
2. Couldn't break the resistance and support don't held up and break below.
I think scenario 1 is the most likely case, since we have been consolidating 5-6$ range, long enough to build a strong support, and all indicators showing positive sign.
1. Cup and handle forms, to the moon.
2. Couldn't break the resistance and support don't held up and break below.
I think scenario 1 is the most likely case, since we have been consolidating 5-6$ range, long enough to build a strong support, and all indicators showing positive sign.
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