We notice that the cup and handle pattern has been formed and the next target is 127,700. There is a previous analysis of mine when the price was 90,000 and I mentioned that it formed a flag pattern over a 4-hour period and I expected that it would penetrate the channel and reach the 105,000 level and then 110,000. For your information, this is not a recommendation to buy or sell. The decision is yours.
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.