BTC: Cup and Handle Breakout Long
Bitcoin / United States DollarCoinbase
Description
⋅ BTC looks to be forming a Cup and Handle pattern.
If this pattern plays out, we could see a BTC breakout once the major downtrend resistance line is broken.
However, there are major resistances in play. Major downtrend line and 12K resistance cluster could keep BTC suppressed from major upside moves.
Happy trading!