BTC in a potential cup and handle formation.
After forming a triple top, shes entered a downwards channel with multiple clean touches, a break below would likely be aggressive.
Breakout up will revisit triple top area around 16,8 with 17k above, thats where we will observe for a breakout or rejection.
Will update.
After forming a triple top, shes entered a downwards channel with multiple clean touches, a break below would likely be aggressive.
Breakout up will revisit triple top area around 16,8 with 17k above, thats where we will observe for a breakout or rejection.
Will update.
Note
Strong sell pressure. Retested channel and now currently forming a bear flagNote
small tf bear flag played out. Retested handle and off to the races it went
Trade closed: target reached
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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.