Get started
BitcoinBearSlayer

Bitcoin "Cup and Sausage" Pattern

Bitcoin (BITSTAMP:BTCUSD)  
BitcoinBearSlayer Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Beyond Technical Analysis BTC BTCUSD Bitcoin (Cryptocurrency)
19
8
trendanalysis chartpattern beyondta btc btcusd bitcoin
It looks to be a very flaccid market at the moment. BTC is displaying the classic "Cup and Sausage" pattern.
Comment:
Oops. The pattern sprung a leak! Not good for the bulls.
Comment:
They call that the "Squirt and Bounce"
Comment:
Ut Oh! Another small cup and sausage at the end of the larger cup and sausage!

P.S. The Green area is my potential "BUY ZONE" for a long trade. (However long that will be)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.