BTC has a Cup & Handle on 1H chart. This is a real Mexican standoff, and price stall at diabolic 6666.01. Price should test 7050 - 7200 and this probably will be the last mover before the continuation of the downtrend
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
Comment:
So narrow!
Comment:
Here we go
Comment:
7100 broken
Comment:
I still have a position, but with a SELL button ready. 4 closest resistances on the way up is:
7200(just a resistance)
7350 (Bottom of Ichi)
~7500(downtrend line)
7860(top of the Ichi cloud)
Which of them is a target we will see very soon.
So far, my highest is 7350, while 7150 is a very thought task since going through the upper line of the bearish flag is nearly impossible.
7200(just a resistance)
7350 (Bottom of Ichi)
~7500(downtrend line)
7860(top of the Ichi cloud)
Which of them is a target we will see very soon.
So far, my highest is 7350, while 7150 is a very thought task since going through the upper line of the bearish flag is nearly impossible.
Trade closed: target reached:
I promised you 7150 - we got it. Target reached, the pullback is coming