✅ Cup Formation
Left rim near $111K
Rounded bottom down to ~$75K
Full recovery back to $112K
Volume declined into the bottom and rose on the right side — textbook structure
✅ Handle Formation
Shallow pullback from $112K to ~$102K
Occurring above prior resistance, now acting as support
Forming a clean downward-sloping channel with declining volume — ideal pre-breakout setup
🎯 Measured Move Target
Cup depth: ~$36K
Breakout above $111K projects toward $135K–$150K
🧠 Confirmation Triggers
Break and daily close above $112K
Volume spike above 20-day average
Stochastic RSI turning upward from oversold range
⚠️ Breakdown Note
Pattern remains valid as long as BTC holds above ~$93K (50% of the cup depth).
The handle may extend lower within the channel before breakout.
⌛️ TIME FRAME
If no breakout by August then Im probably wrong 😑
Left rim near $111K
Rounded bottom down to ~$75K
Full recovery back to $112K
Volume declined into the bottom and rose on the right side — textbook structure
✅ Handle Formation
Shallow pullback from $112K to ~$102K
Occurring above prior resistance, now acting as support
Forming a clean downward-sloping channel with declining volume — ideal pre-breakout setup
🎯 Measured Move Target
Cup depth: ~$36K
Breakout above $111K projects toward $135K–$150K
🧠 Confirmation Triggers
Break and daily close above $112K
Volume spike above 20-day average
Stochastic RSI turning upward from oversold range
⚠️ Breakdown Note
Pattern remains valid as long as BTC holds above ~$93K (50% of the cup depth).
The handle may extend lower within the channel before breakout.
⌛️ TIME FRAME
If no breakout by August then Im probably wrong 😑
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.