BTCUSD, is at a breaking point in my view... It looks as if it has formed a cup and handle as well as a Bull Flag. Thus, indicating to me that Bitcoin is on the way back up!
I'm still new to charting and I myself know this is a very amateurish chart with not much supporting the claim of a potential breakout to reach new ATHs. However, I'm rolling with it and standing on business that it's on the way back up!
Again, I am not a financial guru or a financial advisor (yet) so please complete your own Due Diligence before entering into any suggestions you come across. Please remember, don't be greedy... Take Profits, Take Profits, Take Profits!!! Good luck on your trading journey!
I'm still new to charting and I myself know this is a very amateurish chart with not much supporting the claim of a potential breakout to reach new ATHs. However, I'm rolling with it and standing on business that it's on the way back up!
Again, I am not a financial guru or a financial advisor (yet) so please complete your own Due Diligence before entering into any suggestions you come across. Please remember, don't be greedy... Take Profits, Take Profits, Take Profits!!! Good luck on your trading journey!
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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.
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.