LBCBTC
Made big cup and currently making handle. Approaching big support in 0.00012-0.00015 area.
Short term trend is still down.
For traders with bigger risk apetite you should start buying in 0.00012-0.00015 area with tight stop loss
Second entry should be on the break of down sloping trend line
Third and final entry should be on the break of cup and handle neckline.
If cup and handle plays out target should be in 0.0008-0.001, around peak from July 2016
Short term trend is still down.
For traders with bigger risk apetite you should start buying in 0.00012-0.00015 area with tight stop loss
Second entry should be on the break of down sloping trend line
Third and final entry should be on the break of cup and handle neckline.
If cup and handle plays out target should be in 0.0008-0.001, around peak from July 2016
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