MaxxCharts

Bitcoin Inverse Cup and Handle + Targets

Short
MaxxCharts Updated   
BITFINEX:BTCUSD   Bitcoin
Bitcoin having just broken the purple trend line that we have bounced off several times, makes me believe that this inverse cup and handle will likely play out. It will be good for the bulls if we make it back above the trend. I am no expert, but here is my idea.
Comment:
Comment:
1st target reached take some profits on those shorts :).
Comment:

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.