Bitcoin looks bullish to me. Based on the depth of the cup and handle, I've put a conservative technical target.
I think BTC is going to 50K before any lower lows (if any). Possibly 30K is support but we may not need to test it again.
I think BTC is going to 50K before any lower lows (if any). Possibly 30K is support but we may not need to test it again.
Trade active
Cup and handle breakoutTrade active
Great trade after the breakoutTrade closed: target reached
Target reached. Cup & Handle executed
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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.