BitShares / Bitcoin
Short
Updated

BTSBTC - Daily Chart "Cup and Handle or not?"

1 278
Should be retesting blue curve, the prior larger fractal could repeat thus invalidating a cup and handle (handle should be in making now then). If we break blue curve strong odds that we are not making cup and handle for higher levels and the previous fractal repeats.

Good luck trading,
-TheTrex
Note
MACD still comming down on daily. Stoch RSI looks low but could continue, macd bullish cross over would be better signal to buy. snapshot
Note
So support levels are:
0.0000365, 50% retracenent
0.0000315, 58.6% retracement
0.0000296, 61.8% retracement
Note
Short target reached, should bounce now
Trade closed: target reached
Target reached

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