Cup and Handle formation at weekly chart where Cup completed its task and Handle needs consolidation between 40,000$ to 47,000$.
Upon completion of Handle then actual Bearish or Bullish direction will be confirmed on break out of Handle.
Handle above breakout will lead price towards 65,000$ (Liquidity zone)
Handle below breakout will lead price towards 20,000$ (Point of interest)
Upon completion of Handle then actual Bearish or Bullish direction will be confirmed on break out of Handle.
Handle above breakout will lead price towards 65,000$ (Liquidity zone)
Handle below breakout will lead price towards 20,000$ (Point of interest)