Biconomics

Bitcoin Update - Waiting for a Perfect Breakout

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello Traders I wish you for a very good day! Here I update all my trade plans and setups based on technicals while nothing in here shared as a trading signal. So take them at your own risk. All these remains as just a prediction until we meet with the required criteria. Best regards!

Its a clear structure of a Cup and Handle pattern for Bitcoin . But still price making some fluctuations in between the parallel lines I have marked up and still the handle isn't completed yet. So a perfect breakout from handle will surely support for a massive profit potential but still I am expecting target around 12k as its very realistic as it seems to be. But this can possibly reach out up to 13.8k ahead.

Leave me a message on TradingView for other trade related services. Thank You!

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