BTC has been forming a cup & handle pattern over the last couple of days. Note that the pattern is not finished yet, so we can't be certain whether it's really a cup & handle, but we can at least prepare for it.
I'm waiting for BTC to break through the top yellow resistance area. A break out through there will confirm the pattern and will likely result in a bullish break out.
31k is my short-term target. Patience is key.
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Pattern invalidated, we broke lower. No entry has been made because we didn't break through the yellow area.
@FieryTrading it is call cup and handle because it rounds the bottom and goes up, that one looks like a triangle about to come back, cups and handle never take a shortcut like that