For me, this is a clear Cup and Handle for BNB/BTC 1D timeframe
Target under 25000. If u buy now, profit will be around 59%, or u can wait to confirm uptrend with a breakout with profit around 51%.
Target under 25000. If u buy now, profit will be around 59%, or u can wait to confirm uptrend with a breakout with profit around 51%.
Note
This is also can be a potential path no. 2. when we will hit 236 fibb. lvl. and then go up.Note
I think that we are going up! :) U can see that RSI at 36 has been great support in the past, and now we are seeing some curve at 38 RSI. Maybe we will not touch 36 RSI, maybe is this a bottom.
U can also see that Stock RSI oversold, and now we have bullish cross so we are going up!
We also touched past supoort (red line) at 13973.
Note
I seeing double bottom as a handle of Cup and Handle pattern.Disclaimer
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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.