Trend Analysis :
Cup and handle trend formation. According to the cup and handle trend rule, fib correction should fall in the range of 61%, which it does @10135 sats followed by uptrend movement.
Another fib correction at 15 - 20 % after the end of the cup and handle.
Assuming bullish trend of Elliot wave, I have laid out the targets.
Buy Entries for safe bet @ after 13000 sats and early @ 11000 sats
Target 1 : 17000 Sats
Target 2 : 24000 Sats
Target 3 : 28000 Sats
-------------------------------------------
Please follow your own analysis. These are my personal opinion. Thanks
CK
Cup and handle trend formation. According to the cup and handle trend rule, fib correction should fall in the range of 61%, which it does @10135 sats followed by uptrend movement.
Another fib correction at 15 - 20 % after the end of the cup and handle.
Assuming bullish trend of Elliot wave, I have laid out the targets.
Buy Entries for safe bet @ after 13000 sats and early @ 11000 sats
Target 1 : 17000 Sats
Target 2 : 24000 Sats
Target 3 : 28000 Sats
-------------------------------------------
Please follow your own analysis. These are my personal opinion. Thanks
CK