BITCOIN Cup and Handle completed. Next stop $77500.
Bitcoin / BTCUSD has found support on its 1day MA50 and that support appears to have completed a major pattern.
That is the Cup and Handle, with the Handle being the one to find support on the 1day MA50.
A 1day candle closing over the 1D MA200 will confirm the upside break out.
The target is the 2.0 Fibonacci level (77500).
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That is the Cup and Handle, with the Handle being the one to find support on the 1day MA50.
A 1day candle closing over the 1D MA200 will confirm the upside break out.
The target is the 2.0 Fibonacci level (77500).
Follow us, like the idea and leave a comment below!!
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