BTC/USD Intra-Day EST Afternoon Analysis - Cup with Handle
Good afternoon folks!
BTCUSD
It seems like we have a "Cup with Handle" pattern (pink line).
Even though the MACD and RSI have been as flat as a pancake, that seems like it won't last very long.
The volume is quite high which means people are itching to buy (based on the long bottom wick at 13:00).
Now is a good time to buy. Stop at the bottom of the handle at $46,018.
Legal note: this is not investment or financial advice, just my idea. Trade at your own risk.
BTCUSDIt seems like we have a "Cup with Handle" pattern (pink line).
Even though the MACD and RSI have been as flat as a pancake, that seems like it won't last very long.
The volume is quite high which means people are itching to buy (based on the long bottom wick at 13:00).
Now is a good time to buy. Stop at the bottom of the handle at $46,018.
Legal note: this is not investment or financial advice, just my idea. Trade at your own risk.
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.