img]https://i.imgur.com/uT4fv9x.png[/img]
Seriously though, what the fuck are you talking about?
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
Look at bitstamp 3 month chart and you'll see what I'm talking about.
nop, links or pics could help
I can only imagine OP is talking about this
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FiviXJ1o.png&t=665&c=jG0drEFT-RaOtA)
The problem is, that cup & handle should have followed the orange line because the "handle" (the small bull flag looking shit on the right) should have been only a correction when in fact it was the beginnings of this here 5th wave to hell.
That handle is too large of a fallout from the price reaching its original high. A typical handle will only drop 10-20% at most, anything more and theres a much greater chance of it not taking off and the price dropping lower and failing (which it did). I would not consider your example to be one I would invest in. If bitstamp comes back (its offline) I could show what I am a talking about. This is just going off the bitstamp price chart for past 3 months, not preev or another market.