Acwood

Remember This? A Textbook Cup and Handle

BITFINEX:BTCUSD   Bitcoin
The first Big Hurdle was to Turn that Powerful resistance Line into a support line, as the Bulls have finally taken hold. As a novice I don't understand all the other factors involved, however an upward move now that is equivalent to the same height as the cup, should see a rally all the way up to $14,300.

Let's see how this scenario pans out and if other TA can either confirm or deny the classic Cup and Handle outcome.

Cheers
Ace
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.