XYZ-Trader-

BTC Bullish - Cup & Handle Formed

Long
XYZ-Trader- Updated   
GEMINI:BTCUSD   Bitcoin
Bitcoin looks bullish to me. Based on the depth of the cup and handle, I've put a conservative technical target.

I think BTC is going to 50K before any lower lows (if any). Possibly 30K is support but we may not need to test it again.
Trade active:
Cup and handle breakout
Trade active:
Great trade after the breakout
Trade closed: target reached:
Target reached. Cup & Handle executed
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.