Hello my trading view family!
In todays analysis we are looking at this bullish cup & handle pattern on Bitcoin.
As you can see prices have tested the .618 level, this level is the key fib ratio for handles in cup & handle pattern.
If prices hold support at this level we will likely see prices march up past new all time highs.
I remain bullish on this giant.
Stay profitable!
- Dalin Anderson
In todays analysis we are looking at this bullish cup & handle pattern on Bitcoin.
As you can see prices have tested the .618 level, this level is the key fib ratio for handles in cup & handle pattern.
If prices hold support at this level we will likely see prices march up past new all time highs.
I remain bullish on this giant.
Stay profitable!
- Dalin Anderson
Note
Watching for a running flat as my primary count on Bitcoin.only two wave counts I see as probable for wave 4.
This means bottom is near.
Note
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.
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.