Bitshares BTSBTC - Bullish Divergence. Cup & Handle Forming?
There's a pretty nice Hidden Bullish Divergence there - and if that causes it to shoot up we might be looking at a pretty nice Cup & Handle. There's a clear neckline and the volume seems to fit.
There are a couple of resistance lines so I've put the target between them, though the technical target for the Cup & Handle would fall closer to the higher one.
Keep an eye out!
There are a couple of resistance lines so I've put the target between them, though the technical target for the Cup & Handle would fall closer to the higher one.
Keep an eye out!
Note
There's the breakout! But everything is breaking out with that bitcoin crash...Note
Target reached!Note
Round 2:
Trade closed: target reached
Both targets reached!Note
More C&H action:
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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.