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akouzayha
Oct 26, 2021 7:30 PM

BTC cup and handle Long

Bitcoin / United States DollarCoinbase

Description

Based off the 1hr chart BTC has formed a Cup and handle formation. If you draw a fib from the lowest price 59635 and drag it to the highest price you will see that the current price is at the 38% Retracement level, usually a textbook strategy of opening a long position to the upside. Support level is at 61975 and holding.

Pt: With the current moment id say 66k is our next price target for next few days or lessBINANCE:BTCUSDT

Comment

Well bad news and paper hands sent this king on one knee but he will pull it back together and power through!
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