Short
Potential inverted cup and handle
From what I can see at the moment, there is a potential inverted cup and handle forming on the daily for BABUSD. If it falls to between USD$130-$140 in the next 24-48 hours, it should see a possible rally up to potentially USD$180 followed by a fall as low as possibly USD$105.
Watch this space!
This is my guess on what is happening with BABUSD on BitFinEx ATM. I may be wrong as I am not an expert!
Invest at your own risk.
Watch this space!
This is my guess on what is happening with BABUSD on BitFinEx ATM. I may be wrong as I am not an expert!
Invest at your own risk.
Note
Revision: on the 4-hour chart, the handle is being made. Top of the handle target is approximately USD$185-195. Possible drop now to USD$135-140.
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.
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.