Cup and Handle Target Achieved!
Traders,
Exemplifying surprisingly bullish price action, Bitcoin has blasted through huge amounts of resistance and has now achieved its target.
On both this chart and my log chart, the levels of resistance that have been broken overhead are not to be taken lightly. They almost certainly will act as good support going forward. The resistance that has been broken is so profound, I am almost willing to state that the bottom is now in at this point.
Here's a look a my log chart:
https://www.tradingview.com/x/tHYIILn5/
Exemplifying surprisingly bullish price action, Bitcoin has blasted through huge amounts of resistance and has now achieved its target.
On both this chart and my log chart, the levels of resistance that have been broken overhead are not to be taken lightly. They almost certainly will act as good support going forward. The resistance that has been broken is so profound, I am almost willing to state that the bottom is now in at this point.
Here's a look a my log chart:
https://www.tradingview.com/x/tHYIILn5/
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Related publications
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.