BitcoinLong
BTC is forming HANDLE CUP PATTERN IN H1 TIME FRAME
Updated
In H1 time frame, BTC is forming the HANDLE CUP PATTERN
There is also a Divergence between Price trend and Composite Index trend
Long set up when: Price break 36,627.88 with high volume
Stop loss = when candles following close lower than 36,627.88
Take profit = 38,000
Please don’t open any entry if price cannot break this point.
There is also a Divergence between Price trend and Composite Index trend
Long set up when: Price break 36,627.88 with high volume
Stop loss = when candles following close lower than 36,627.88
Take profit = 38,000
Please don’t open any entry if price cannot break this point.
Trade active
Price break 36,627.88The two following canles still close above this point
Long entry is active
Hopefully we see profit point at 38000 soon
Trade closed: stop reached
The take profit did not reach 38000Price u-turn back to stop loss point
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.