Bitcoin seems close to completing a cup & handle pattern.
We're looking for a break up from the handle at 2775, after which the price should make a strong move upwards. This move takes us across a major resistance level ($3000 usd which is also ATH), so inital target is $3000 with a potential of $3125.
See patternsite for a detailed analysis of this trading pattern
Happy trading!
We're looking for a break up from the handle at 2775, after which the price should make a strong move upwards. This move takes us across a major resistance level ($3000 usd which is also ATH), so inital target is $3000 with a potential of $3125.
See patternsite for a detailed analysis of this trading pattern
Happy trading!