Band Cup and Handle Formation (Premium)

Band Cup and Handle Formation April 2020

(This was a Premium Idea on Purple Crypto Premium which we would like to share with everyone.)

In this premium idea I have drawn a cup and handle pattern.

Should this be a subwave of a larger uptrend and Band retraces to a level considered resonable for this subwave, there is a possibility it could take off from a level of support.

A confirmation setup will be posted if it plays out as such.

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(The targets/patterns on this chart is only theory and not a signal of any kind.)

 

Trading View link: https://www.tradingview.com/chart/BANDUSDT/chYhC8Nk-Band-Cup-and-Handle-Formation-Private-Premium/

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