Nice rounded bottom for a great cup and handle break out. Crytpo markets in price discovery mode. All markets trending bullish. Set up is ripe for taking a long position in NASDAQ:COIN
Looking at the 1 year daily log charts, we can clearly define the formation of a descending triangle on the BTC/USD candles. We are still very deep in a bear market. Over the next few days we'll be testing strong support at around $7,000. Any sniff of a break through ~10% past would definitely indicate a bottom of around $2,575. The bottom is charted by taking the...