BTC Cup and Handle!
just now
After breaking nicely out of a falling wedge and hitting my 49.2K target which I called at 47K , BTC has just formed and broken out of a cup and handle , with a technical breakout target of 52K. One thing to keep in mind here is that the volume is weak, but it has been growing for the last 12 hours. If there is a lack of sustained volume , then BTC could roll over under 48K and possibly below
After breaking nicely out of a falling wedge and hitting my 49.2K target which I called at 47K , BTC has just formed and broken out of a cup and handle , with a technical breakout target of 52K. One thing to keep in mind here is that the volume is weak, but it has been growing for the last 12 hours. If there is a lack of sustained volume , then BTC could roll over under 48K and possibly below
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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.