NEO / BTC Cup & Handle?? No seriously is it? 做多

Neo / BitcoinBittrex

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⋅ Feb 9, 2018 4:56 AM

So I'm asking those out there with more knowledge than me if might be a possible cup and handle?

I'm not familiar with the pattern and to be honested the chart squeezed up tight as in the screenshot and for some reason I thought cup and handle. I looked it up here http://stockcharts.com/school/doku.php?id=chart_school%3Achart_analysis%3Achart_patterns%3Acup_with_handle_continuation and thought some of the characteristics fit.

- continuation pattern, immature trend
- somewhat of a U shaped bowl
- pretty close equal sides
- Handle could be a pennant / flag pattern
- 6 months pretty must spot on from sides of cup
- Volume - Thoughts welcome: On this chart it looks super low to me but if you've zoomed in there is a slight up tick in volumne

Possible target around .0295205

Anyone have any thoughts?

⋅ Feb 9, 2018 4:58 AM

by the way I know he volume indicator isn't on here I deleted and just remembered from looking at when writing this up.

⋅ Feb 9, 2018 4:59 AM

Cleaning up the chart..

⋅ Feb 9, 2018 11:00 PM

linking over to an update I did on the video of this one.

⋅ Feb 9, 2018 11:01 PM

See the updates below the video on that page.

NEO / BTC Cup & Handle?? No seriously is it? 做多

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