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edward_Z
Feb 1, 2019 1:34 AM

Cup and Handle or Double Bottom for Bitcoin (BTC)? 

Bitcoin / DollarBitfinex

Description

There are two of the classiest patterns for Bitcoin, one is a Cup and Handle, that can turn it in bullish with possible retest next support, wich will transform in a double bottom.

There is a strong support at $3.400, only a big one will crack it.
Also a small, but stubborn resistance is at $3.550, but if it will break it, next resistance is at $3.700.

Keep it simple!

Comment

Seems there is a strong resistance

Trade closed: target reached

Better later than never
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