Obviously people are bullish on bitcoin with ETFs a near certainty.
This is just something I looked at last night, please don't go and put the mortgage on it, this is theory from my part. Possible cup in the making (could also be a rectangle) but I'll stick with a cup for now.
Handle isn't formed (as yet) if it does start to form from the rim of the cup then a 15% drop is possible, anything more (at a close) would invalidate the cup and handle theory as it can't be anymore than 15% for a handle, wicks aren't included, so it can drop more but bounce back before the close.
As I said, this is theory until its not either way.
This is just something I looked at last night, please don't go and put the mortgage on it, this is theory from my part. Possible cup in the making (could also be a rectangle) but I'll stick with a cup for now.
Handle isn't formed (as yet) if it does start to form from the rim of the cup then a 15% drop is possible, anything more (at a close) would invalidate the cup and handle theory as it can't be anymore than 15% for a handle, wicks aren't included, so it can drop more but bounce back before the close.
As I said, this is theory until its not either way.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.