Get started
Bitcoin

W to cup and handle

By chewbaca11
Updated
What was a W is turning out to be a cup and handle. GBTC unlock was indeed a nothing burger
Comment
20 MA (blue) trajectory heading to cross 200 MA (red) for a golden cross
Comment
fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/cup-with-handle
"The price target following the breakout can be estimated by measuring the distance from the right top of the cup to the bottom of the cup and adding that number to the buy point."
53 - 24.5 + 42.7 = 71.2K
Chart PatternsTrend Analysis
chewbaca11

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.