BitcoinShort
BTC Possible Cup & Handle or Flag
BTCUSDHonestly, I've just recently started learning how to look for patterns on the chart but right now I just noticed that we are possibly looking at a cup and handle pattern which could indicate a bull movement. The next few hours will be very important to see how we break out of the flag pattern. If we see bitcoin go low beyond the $9500 range we could expect to see it test the resistance around 9252. I am expecting it to bounce off the support line and break out to new highs tomorrow morning. Hoping for a bull movement for the next few days!!!
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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.