✅ Cup Formation
Left rim near $111K
Rounded bottom down to ~$75K
Full recovery back to $112K
Volume declined into the bottom and rose on the right side — textbook structure
✅ Handle Formation
Shallow pullback from $112K to ~$102K
Occurring above prior resistance, now acting as support
Forming a clean downward-sloping channel with declining volume — ideal pre-breakout setup
🎯 Measured Move Target
Cup depth: ~$36K
Breakout above $111K projects toward $135K–$150K
🧠 Confirmation Triggers
Break and daily close above $112K
Volume spike above 20-day average
Stochastic RSI turning upward from oversold range
⚠️ Breakdown Note
Pattern remains valid as long as BTC holds above ~$93K (50% of the cup depth).
The handle may extend lower within the channel before breakout.
⌛️ TIME FRAME
If no breakout by August then Im probably wrong 😑
Left rim near $111K
Rounded bottom down to ~$75K
Full recovery back to $112K
Volume declined into the bottom and rose on the right side — textbook structure
✅ Handle Formation
Shallow pullback from $112K to ~$102K
Occurring above prior resistance, now acting as support
Forming a clean downward-sloping channel with declining volume — ideal pre-breakout setup
🎯 Measured Move Target
Cup depth: ~$36K
Breakout above $111K projects toward $135K–$150K
🧠 Confirmation Triggers
Break and daily close above $112K
Volume spike above 20-day average
Stochastic RSI turning upward from oversold range
⚠️ Breakdown Note
Pattern remains valid as long as BTC holds above ~$93K (50% of the cup depth).
The handle may extend lower within the channel before breakout.
⌛️ TIME FRAME
If no breakout by August then Im probably wrong 😑
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.