There is a Cup and Handle Pattern forming on the 1-hour time frame.
A breakout is possible in the next 6 to 12 hours, but a lot will depend on how Bitcoin performs.
If there is another significant Bitcoin pullback, a breakout most likely will not materialize.
A breakout is possible in the next 6 to 12 hours, but a lot will depend on how Bitcoin performs.
If there is another significant Bitcoin pullback, a breakout most likely will not materialize.
Note
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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.
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.