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ChartCinema
13 Oca 2020 17:01

Bitcoin (2020-01-13) - Cup and Handle Pattern? Alış

Bitcoin / United States DollarCoinbase

Açıklama

After 190+ Days of sell pressure during a macro uptrend... Bitcoin may be forming an aggressive Cup and Handle pattern.

The handle currently appears to be a Bullish Ascending Triangle underneath the 200 Daily Exponential Moving Average at $8,150. (Over time, price can drop slightly and it may form a flag instead.)

A drop below $7,600 will invalidate this pattern.
Yorumlar
ChartCinema
I would start to scale out and take some profits or move your stop loss tighter since price already tagged $9,000 psychological resistance.

ChartCinema
💡FYI: If Bitcoin breaks above $8,200 with high volume... this is a potential 20% gain. (I wouldn't be shorting here.)
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