No reason to get excited, here's the Gann Fan and the Fibonacci to show that we might be in for another dip to 11500 (0.5 Fib), but we had that - and overall, the grey Gann field should be our trading channel.
Bugger off, FUD ! Hodl on, what else. The chickens who fled will eventually be back...
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Hello Everyone! I am trying to figure out if this figure has just formed a cup and a handle or is it forming a triangle. Your insight is highly appreciated! Thank you so much!
It may have been a cup and handle for three months, then failed likely because
doge shot up - would be interesting to see if it succeeded against fiat.
I would now treat it as a triangle that should break out soon, but that's hard to say at this scale.