Currently forming a Cup n Handle on bitcoin.
ATH and weekly R1 pivot, currently building the top of the formation and are a strong resistance.
Break of these level will provide an upmove into the area of the weekly R3 level around 23k.
Cup n Handle is a top performing long signal but as it is top performer it has also a high failure quote.
so stay tuned for the next big upmove or failure.
ATH and weekly R1 pivot, currently building the top of the formation and are a strong resistance.
Break of these level will provide an upmove into the area of the weekly R3 level around 23k.
Cup n Handle is a top performing long signal but as it is top performer it has also a high failure quote.
so stay tuned for the next big upmove or failure.
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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.