Hello Friends,
Double espresso anyone?
Bitcoin might be replicating the first completed cup and handle pattern (bullish pattern).
If this plays out, target price will be at $9,150-ish.
Don't forget that we are still in a rising wedge pattern (BEARISH pattern).
A drop might just follow after the pump following the completion of the cup and handle chart pattern down to $7,470-ish.
Be very watchful.
Place your stops at the appropriate levels.
Good luck to us all.
Happy Trading!
Double espresso anyone?
Bitcoin might be replicating the first completed cup and handle pattern (bullish pattern).
If this plays out, target price will be at $9,150-ish.
Don't forget that we are still in a rising wedge pattern (BEARISH pattern).
A drop might just follow after the pump following the completion of the cup and handle chart pattern down to $7,470-ish.
Be very watchful.
Place your stops at the appropriate levels.
Good luck to us all.
Happy Trading!