Bitshares (BTS/BTC) has a beautiful cup and handle formation on the daily chart. We have a nice, rounded cup with low volume at the bottom, then increasing on the sides. The handle retraced a textbook 50%. Measuring from the bottom of the cup to the top of sides, we had an increase of 0.000027BTC. We then use that as a target increasse for the breakout. End target = around 0.00005300BTC. 100% profit potential
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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.