#BTC 's CUP AND HANDLE INVALIDATION LEVELS TO WATCH

What would invalidate BTC's  cup and handle formation?

The equation is as follows: (also see chart attached)

A proper Cup and Handle should not decline more than 1/3 of the range from the the cups neckline to the bottom trade - that range = $55,500

$55,000 divided by 3 = $18,500

Subtract the $18,500 from the cup and handles right side peak trade which lives @ $73,660  = an invalidation level of $55,160. #bitcoin
#BTC