Cup & Handle Patterns on BTC pairs: ARDR/BTC
This is a call for the CUP and HANDLE Lovers and Traders.
This time we have a formed CUP on ARDR/BTC.
- ARDOR has completed a 5th impulsive rising its price to the level of the upper limit of the drawn cup.
- Currently ARDOR is correcting and, very likely, forming its handle right now.
- According to the Pattern Recognition Technics, ARDOR would start a bullish cycle as soon as it finishes this correction that will bring it to a minimum target of 0.0002126 BTC which represents +92% from the current price.
- Time to entry will be as soon as the upper limit of the cup is broken, following the EW-wave sketched at the chart.
- As always, place your sell and stop-losses conveniently
Enjoy Cryptoland!
CUP and HANDLE PATTERN BASICS:
*This is just my personal point of view, please, do your own assessment and act consequently and, please, never invest more than you can afford.
i'm in the CUP and HANDLE Lovers Team!
excellent TA @toofasteddie! Resteemed!
I have been interested in ARDR for a few days now, maybe I should invest a little bit now...
Try it at Poloniex, Bittrex seems to have problems with this coin nowadays
Good call!