printingmoney

BTCUSD Possible Inverted Cup & Handle Forming?

Short
BITSTAMP:BTCUSD   Bitcoin
Do You Know About The Cup & Handle Pattern?

Well This Is A Possible INVERTED Cup & Handle Possibly Forming On BTCUSD

This Is Valid & Can Still Play Out... Price Could Possibly Shoot Up More Into The 61.8 Fib Area Before Possibly Reversing To The Downside.
I Would Look For Rejection Before Entering & Of Course Use Proper Risk Management ALWAYS.

I'll Post A Link With A Picture Of This Pattern In The Comments Below.

What Are Your Thoughts?

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.