BTC - Correction ( Cup and Handle)
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Please note: This is not financial advice!
Observation: A potential "cup and handle" pattern is forming.
Entry Level: Around $50,000. It's crucial that this level holds to confirm the pattern.
Stop-Loss (SL): Set just below $40,000 for risk management.
Take Profit (TP): Targeting approximately $110,000.
Additional Details: Most of the pertinent information is illustrated on the chart.
Trading Caution: Always trade carefully and consider your risk tolerance and investment strategy.
Observation: A potential "cup and handle" pattern is forming.
Entry Level: Around $50,000. It's crucial that this level holds to confirm the pattern.
Stop-Loss (SL): Set just below $40,000 for risk management.
Take Profit (TP): Targeting approximately $110,000.
Additional Details: Most of the pertinent information is illustrated on the chart.
Trading Caution: Always trade carefully and consider your risk tolerance and investment strategy.
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