Okay. What do we have here?
Cup and Handle with corresponding volume spikes- Check!
Ascending Triangle which is actually the handle- Check!
Bullish Divergence in action- Check!
And it just broke out of the Bullish Chuashov Fork Breakout- Check!
Target 1- 1200ish sats (Ascending Triangle)
Target 2- 1600 ish sats (Cup and Handle Formation)
Cup and Handle with corresponding volume spikes- Check!
Ascending Triangle which is actually the handle- Check!
Bullish Divergence in action- Check!
And it just broke out of the Bullish Chuashov Fork Breakout- Check!
Target 1- 1200ish sats (Ascending Triangle)
Target 2- 1600 ish sats (Cup and Handle Formation)
Trade closed: target reached
First target reached. It might take a while for this to recover though. Hope you guys pulled out profits before BTC went ballistic. GOOD TRADE !! Won't you agree? :)
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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.