MultiG8

BTC cup & handle on teh 4 hour chart. Proof of breakout 44085.

BITSTAMP:BTCUSD   Bitcoin
With cup and handles, the handle is for the purpose of shakeout which is why the best ones are with downward slanting handles showing weak holders were shaken out. The proof of success of the base with a subsequent upswing is breaking above the highest side of the cup. I'm choosing to be neutral on BTC, having sold some profits yesterday and waiting for the pattern to confirm.... or not!

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.