BCH/BTC forming a cup and handle. I'm expecting a bit more consolidation around these levels and then some green candles on increasing volumes to push to 0.0184. We might pause around there, but I'm looking for continuation to the previous high around 0.0196.
TP1: 0.0184
TP2: 0.0196
- Sultan of Chart
TP1: 0.0184
TP2: 0.0196
- Sultan of Chart
Note
I should've drawn a larger handle for longer consolidation. Pattern still in tact. Stay LONGNote
TP1 reached. Sold half of my position. Will re-buy if it retraces to the 0.618 fib line at ~0.0175Note
Re-bought at 0.0175. Will likely sell half again at 0.0184 but still looking for TP2 over a longer timeframeTrade closed: target reached
Well that was quick, but who's complaining. Enjoy the gains-Sultan of Chart
Never let the fear of striking out get in your way.
- Sultan of Chart
- Sultan of Chart
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Never let the fear of striking out get in your way.
- Sultan of Chart
- Sultan of Chart
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.