If the handle breaks bullish and one enters near that region, it looks like a promising long opportunity.
Although, there might be greater returns to be some altcoins i.e. XRP or EOS as these altcoins have had a nice bounce on the 0.382 4H retracement (and 1.618 pullback extension) . See
注释
(Updating update already talked about in comments and adding the apparent diamond)
Handle looks to forming some bullish structures:
- Apparent diamond - Apparent flag like - Apparent inverted H & S like price and RSI. - RSI has broken handle trend line. - MACD bullish and increasing athough below 0