SUMMARY
Take a look at this chart! The Cup & Handle pattern is uncanny. The cup can actually be subdivided into two smaller rounded bottoms. The handle is formed and complete as marked by the blue lines. The white impulse waves i,ii,iii,iv,v projects a target of $2.58 not too long from now.
Bear in mind that sentiment drives prices, not news. The commonality of these Cup & Handle patterns is a reflection of the uniformity of sentiment across crpytosphere. It's very BULLISH and we are now seeing the Altcoins get their starring roles on the stage.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**