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jia888
Mar 14, 2018 4:51 PM

HUGE Cup & Handle Forming! Breakout Target $35,000!  Long

Bitcoin / DollarBitfinex

Description

1. Inverse Head & Shoulders still in tack and need few more days to reach neckline for breakout.

2. BTC will continue consolidating on uptrend after the H&S breakout and get major resistance near $19,000 on the top of the cup line.

3. Most likely it will correct to around $12,000 before exploding to new highs and reach around $35,000 around September or end of the year.

Zoom out and look at the bigger picture! Hodl for the big gains!

Happy trading!

Trade active

tradingview.com/chart/IqL2jqVf/

Everything still moving as predicted. Head & Shoulder break out soon.

Comment

Trade active

looks like BTC just broke out and riding heading towards the target
Comments
terumodoc
um... keep smoking the good stuff.... that cup and handle will soon appear followed by the bowl and saucer and then finally, the tea and kettle.... its right there in your chart :)
Danmaz1337
rkerketta1986
@terumodoc, HAHAHAHAHHAAHAHA
jia888
@terumodoc, time will tell who is smoking good stuff! I hope we all are. :)
VanBenno
This chart meets absolutely none of the criteria required of a Cup and Handle. You see that, right? Is this supposed to be funny?
jia888
@VanBenno, yo, go back to draw your bat wings. You never going to get it.
JacintoMonteiro
Hope you´re right!
fboucobza
lol
BullWick
Hope this happens as a bull run like this would be sweet. However this inverted H&S you have is ridiculous. The pattern will print a IHS but not util we follow your projection and reach 17-18k and retrace to 12k... THAT will be the right shoulder.
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