TradingView
dascalitzi
Aug 28, 2021 11:49 PM

BTC/USD - 1D Possible cup and handle? Long

Bitcoin / U.S. dollarBitstamp

Description

Hi guys. I've imagined a scenario in case we are not breaking down and I saw this cup and handle target being in perfect alignment with 1.618 which is around 95k. Also, maybe there is a bearish divergence on rsi which will lower the price and maybe respecting the cup and handle pattern. Not financial advice, I've just wanted to share this coincidence.

Comment

There might be an inverse head & shoulders with a price target of 57k, 0.786 fib level. Imagine this will play out...
Comments
More