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arcone

Inverted cup & handle at play

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
arcone Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns BTCUSD BTCUSDT Bitcoin (Cryptocurrency) cupandhandlepattern short Contains image
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trendanalysis chartpattern btcusd btcusdt bitcoin cupandhandlepattern short containsimage
For Bitcoin its not a perfect inverted cup and handle. But since the SPX is drawing a much nicer C & H, and BTC price is correlating alot, this could become the reality.
Target to the downside is at $5600, something I do believe is not that likely.
Comment:
Now that we are plummeting is the inverted cup & handle back in play
Comment:
I see inversed cup and handle all over the place(BTC, ETH, TOTAL, TOTAL2, TOTAL3), and for some charts it looks like its confirming and breaking down (BTC, TOTAL3). Is this the start of the last leg down?
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