When we gave this signal in the Premium channel the price was 0.000320 and the pattern was unfinished. Although indicators showed a high probability the pattern will be finished. Cup and Handle has been formed and now we expect further growth to our targets, technical indicators are still bullish.
First, Cup and handle coming from an uptrend not a downtrend. Second, for C&H u will need at least 7 weeks of forming, everything under that is a very risky, and Third, we are stil in a downtrend. This few days BTC is bleeding so 90% altcoins following. BTC goes up, altcoins bleeding. :)