Bitcoin Cash - HIGHLY undervalued! Cup and Handle in the making!
MY LAST BCH CHART HIT THE LOW ON THE T!! ACCURACY AT ITS FINEST!! SEE BELOW FOR MY OLD CHART ;)
The ELITES will win this game and they are causing fear in the market so they can buy cheaper. DO NOT LET THEM WIN THIS TIME! Facts are in the charts!
Everything is on the chart! Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. On the chart, Stochastic RSI is about to cross on the weekly again. We need confirmation end of the week. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
A BULLISH CUP AND HANDLE IN THE MAKING! THIS TIME WE CHART ON THE MONTHLY!
FACTS:
1. RSI HASN'T BEEN THIS OVERSOLD SINCE SEPTEMBER 2020!
2. NEED A BULLISH CROSS CONFIRMATION ABOVE THE 20 STOCHASTIC RSI LEVEL! WILL MAKE AN ATH ONCE CONFIRMED!
3. CREATING A BULLISH CUP AND HANDLE SINCE 2018!!
4. Cup and Handle Meaning:
Cup and Handle - is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
BREAKOUT IS MEASURED BY THE DEPTH OF THE CUP MOVING IT TO THE NECLINKE OF THE BREAKOUT!
TARGET BUY:
1. $463.08 (Correspodnds to 0.786 Fib)
TARGET SELL:
Target 1: $4958 (Corresponds to the 3.618 Fib)
Target 2: $5740 (Corresponds to the 4.236 Fib)
Target 3: $13,000 - 15,000 (Corresponds to the cup and handle breakout from the neckline!)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
The ELITES will win this game and they are causing fear in the market so they can buy cheaper. DO NOT LET THEM WIN THIS TIME! Facts are in the charts!
Everything is on the chart! Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. On the chart, Stochastic RSI is about to cross on the weekly again. We need confirmation end of the week. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
A BULLISH CUP AND HANDLE IN THE MAKING! THIS TIME WE CHART ON THE MONTHLY!
FACTS:
1. RSI HASN'T BEEN THIS OVERSOLD SINCE SEPTEMBER 2020!
2. NEED A BULLISH CROSS CONFIRMATION ABOVE THE 20 STOCHASTIC RSI LEVEL! WILL MAKE AN ATH ONCE CONFIRMED!
3. CREATING A BULLISH CUP AND HANDLE SINCE 2018!!
4. Cup and Handle Meaning:
Cup and Handle - is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
BREAKOUT IS MEASURED BY THE DEPTH OF THE CUP MOVING IT TO THE NECLINKE OF THE BREAKOUT!
TARGET BUY:
1. $463.08 (Correspodnds to 0.786 Fib)
TARGET SELL:
Target 1: $4958 (Corresponds to the 3.618 Fib)
Target 2: $5740 (Corresponds to the 4.236 Fib)
Target 3: $13,000 - 15,000 (Corresponds to the cup and handle breakout from the neckline!)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch