Bitcoin Project on the Daily
Seeing two scenarios for bitcoin coming up.
1. Adam and Eve Pattern - we break through major daily resistance of 21.5k up to the measured move around 24k
2. Cup and Handle formation - we reject and go back down to 19.5-20k level then come back up.
Option 2 seems more likely as we are also forming Bear Div on the daily.
1. Adam and Eve Pattern - we break through major daily resistance of 21.5k up to the measured move around 24k
2. Cup and Handle formation - we reject and go back down to 19.5-20k level then come back up.
Option 2 seems more likely as we are also forming Bear Div on the daily.
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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.