SWINGPROFESSOR

Cup and Handle broke out! BTC reversal?!

Alış
COINBASE:BTCUSD   Bitcoin
Hi Guys!

What an action! Double bottom at 3500 areas! Boom!

And there BTC rallies! Up Up Up!
In addition, we broke the cup and handle at 1 H, this gives additional momentum to the upside!
I expect resistance at 4250 - 4350 areas! But on the candle counts, we are positive for more upside. BTC could reach 5 k areas really soon!

I expect to go down again from there, but if BTC manages to stay above 5500 this could form a V-shaped bottom of this bear market. Let us watch carefully!
December will be exciting.



Happy trading!




*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.
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.