BTC - Cup and Handle ( inverted) in progress

25 Mar 2018

Just forget about 9000, 10000, 14000 or 20000 for now. Concentrate on price round 6000 or 5000 for better results.
BTC is forming coup and handle pattern. Here are statistics so You can prepare Yourself for price drop. Average decline from breakout is 16%. Pullback occurs 54% of time. There is 47% chances that price meet target - it’s not much but it means 1 in 2 patterns will decline 16%.
Pattern measurements suggest that our formation, if confirmed, should decline 24% - 5000$ range.
Please remember that we still have to break that kick ass support trend line.

- pullback 1D
- falling wedge 4H
- Descending triangle 4H

IF YOU LIKE TRADING IDEA SMASH THAT LIKE BUTTON!!! IT'S IMPORTANT.
DON'T BE TIGHT - GIVE A LIKE

This information is not a recommendation to buy or sell.

26 Mar 2018

Not

Two options
Pullback to resistance of triangle

or Broadening Wedge - Descending