Breakout from Falling Wedge hammered into Cup and Handle!

BINANCE:BCHEUR   Bitcoin Cash / Euro
The breakout from the Falling Wedge seemed to get hammered down pretty quickly! o.O
But the pattern then took the shape of a cup and handle! ^^

This indicates to me that the bulls are determined to break through, and they're probably going to succeed this time!
Unless of course there's another hammer waiting to knock the break-out back downwards again. If that happens, the next pattern will decide the trend for the rest of the week until weekend!
What will it be? I think the bulls will break free.
But there's no way to be sure, unfortunately!


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.