Significant ceiling around ~$300/¥1900 - 10 months view

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
A clean setup is the best to see where we stand.

As you can see, a dotted trenline (blue) + a cup and handle pattern (purple) drive us to a ceiling around 1900CNY.

A breakout at that level could be a confirmation of a new bullish trend .
i concur dosty
+1 Reply
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