Possible Cup and Handle Forming on BTCUSD
Appears that a conventional C & H pattern is forming for BTC. Volume at the decline and base of the cup coupled with the consolidation duration, seem to indicate that a breakout is coming fairly soon and a handle appears to be forming. We may be looking at a price test of 10k in the next couple days/week. A trader seeking to go long and who is a bit risk adverse may consider entry as the price closes above the upper trend line of the handle to confirm the pattern. Good luck guys
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.