BitcoinUpdated Ascending Triangle (Cup and Handle within) 1HR
Textbook example imo of an ascending triangle, and to boot within the triangle you can see a potential cup and handle to be formed precisely in accordance with a retest zone for volume. STOCH shows a coil toward the bottom where our handle could be formed. Enter on the formation of handle, or on breakout of 7100 level with volume for more risk aversion.
I expect to see resistance around 7250, and will begin to take pieces of my position off the table until 8k.
Keep Alert!
Follow the wizard
I expect to see resistance around 7250, and will begin to take pieces of my position off the table until 8k.
Keep Alert!
Follow the wizard
Note
Handle formed, stay tuned Target 7250
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