I've been watching BTC on a weekly frame, and it's been interesting to see how it's respecting the Fib channel. It seems to be following the pattern pretty closely, which is always a good sign even if we visit 21K. I hope it stays on track and follows the fib channel.
What do you think will happen and how long it will take? Are we going up or we most go down to go up again ?
Cup and Handle Breakout and retest SL : 0.40$ The rest is the chart
Breakout the trend line on an hourly frame BB breakout
These is an example for cup and handle pattern on a daily frame
Resistance: Tp1: 29 $ Tp2: 33 $ Tp3: 63 $ Support: 21 17:30