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Bitcoin / TetherUS

BTC forming Cup and Handle pattern on weekly charts

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BTCUSDT forming a cup and handle pattern on the weekly charts.

Things to keep in mind:
  • MACD bearsih crossover about to happen
  • Less volumes
  • Already witnessed bearish divergence related to the RSI
  • 53K level seems to be very very crucial
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
the_terrific_m
Also on:

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.