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PinquinGiraf
Nov 17, 2018 10:55 PM

Is this a cup-handle pattern indicating a further drop? 

Bitcoin / DollarBitfinex

Description

The direction of the tilted rectangle looks like a possible reversal, but the text books indicate bear.
I guess we will know in an hour or so :-)
Comments
crypto_poet
No.
PinquinGiraf
Are there enough sellers out there for any big movements anyways?
Something tells me that there are still a lot of HODLers out there willing to bite the dust.
I guess we will see in an hour or two whether it is bull or bear.
Looks bearish to me.
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