hugoawellerc

BTC Cup and Handle waiting for confirmation

Alış
BINANCE:BTCUSD   Bitcoin
Hey, here goes the express analysis of a beginner haha. It seems that the BTC / USD chart is forming a very well-crafted "cup and handle" and holding onto the support at $ 52,300 (approx). The RSI crossing the 50 lines and the crossed MACD catches my attention, which would imply the beginning of a downtrend; Then the Stoch RSI appears as oversold and about to cross to begin to rise in price. In my humble opinion, if BTC holds the support line above $ 52,300 at the close and tomorrow; We could see an uptrend again to test $ 60,000. All you have to do is wait to see what can happen, do your own analysis, and decide your investment strategies. I await your comments and criticisms, may the force be with you!

PS: Negative market sentiments could hurt expected performance
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.