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Bitcoin Cash / Bitcoin
Long
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Bitcoin Cash/Bitcoin (BCH/BTC) Cup and handle forming?

248
BCH/BTC forming a cup and handle. I'm expecting a bit more consolidation around these levels and then some green candles on increasing volumes to push to 0.0184. We might pause around there, but I'm looking for continuation to the previous high around 0.0196.

TP1: 0.0184
TP2: 0.0196

- Sultan of Chart
Note
I should've drawn a larger handle for longer consolidation. Pattern still in tact. Stay LONG
Note
TP1 reached. Sold half of my position. Will re-buy if it retraces to the 0.618 fib line at ~0.0175
Note
Re-bought at 0.0175. Will likely sell half again at 0.0184 but still looking for TP2 over a longer timeframe
Trade fermée: cible de profit atteinte
Well that was quick, but who's complaining. Enjoy the gains

-Sultan of Chart
Sultan_of_Chart
Never let the fear of striking out get in your way.

- Sultan of Chart
BCHBCHBTCBitcoin (Cryptocurrency)bitcoincashBTCChart PatternscryptoCryptocurrencyTechnical IndicatorsTrend Analysisxbt

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BCHBCHBTCBitcoin (Cryptocurrency)bitcoincashBTCChart PatternscryptoCryptocurrencyTechnical IndicatorsTrend Analysisxbt
Sultan_of_Chart
Never let the fear of striking out get in your way.

- Sultan of Chart

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.