Bitcoin: Cup and Handle Pattern.
Updated
BTCUSDT (weekly chart) technical analysis update
BTC's price has formed a cup and handle pattern on the weekly chart and the price has been moving within the handle for the last five months. Once the price breaks the cup and handle neckline, we can expect a strong move with the potential to reach 100K in a few months.
Regards
Hexa
BTC's price has formed a cup and handle pattern on the weekly chart and the price has been moving within the handle for the last five months. Once the price breaks the cup and handle neckline, we can expect a strong move with the potential to reach 100K in a few months.
Regards
Hexa
Note
BTC price is moving towards the cup and handle's resistance line for a potential breakout.Trade active
BTCUSDT price about to break cup and handle pattern neck resistance line.Trade active
Chart Update:
Trade active
We may see a cup and handle breakout in BTCUSDT in a few days.Trade active
The handle of the BTCUSDT cup and handle pattern look like a perfect broadening wedge.
Trade closed: target reached
BTCUSDT Price broke cup and handle pattern,
Strong bullish move ahead,
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.