Bitcoin Update: Inverted Cup and Handle Pattern
Updated
As per my latest analysis bitcoin rejected the resistance at 23500 and now is trading at 22500. In lower time frames it made a clear inverted cup and handle pattern which is confirmed by breaking down the main support at 22700. For now I expect the price to see lower support levels at 22K, 21.5K and 20.8K as the projection of the inverted cup and handle pattern.
Comment
Related publications
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.