BITCOIN price still Draws CUP & HANDLE pattern, UPDATED IDEA
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Hi everybody, happy to share with you my new idea!
Reasons: - Price creates Cup and handle Pattern - Price still trades in uptrend - Current strong resistance is $10500 - Next resistance after 10500 is 11000 and next is 12300 per 1 BTC - Current strong support level is 9100$ - Price already create a CUP and now draws a handle - 9100 can be lower part of possible handle - To open long if price will make fake breakout if support level 9100$ - Always do your own research before opening positions and always put SL
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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.