Bitcoin
Long
Updated

BTC/USD Cup & Handle – a strong bullish reversal pattern...

106
BTC/USD 1 HOUR CHART PATTERN

Pattern: Cup & Handle – a strong bullish reversal pattern.

Support Zone: $108,000 – $109,000 (buyers are active here).

Breakout Level: Around $113,000 – if broken, it confirms bullish continuation.

Target 1: $113,500 – $114,000 (short-term breakout target).

Target 2: $116,800 – $117,500 (major bullish objective).

Stop-Loss: Below $108,000 support zone to manage risk.


📌 Summary: As long as price holds above the red support, this is a bullish setup aiming for higher levels toward $117K.
Trade active
trade active bullish

Disclaimer

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.