Is that cup and hadle here 4 months long?
Yep
Question is if we already sow the bottom of the handle. I think we did and that we just need to get some serious buying volume in next few days.
here's another pic (apparently masterluc found the pattern before me):
The handle can retrace up to 50% of the cup. So it can go down to $240.
I've been watching many cup & handles in bitcoin and usually it doesn't retract that far, so it's possible we'll turn up already at this point.
However, this one is exceptionally big, so it's hard to draw conclusions from past cup & handles which were usually smaller.