LanaFL
Short

BTC Update. Inverse Cup and Handle. Rising pennant

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC made inverse Cup & Handle on 4H. Right now it draws a rising pennant which is a handle at the same time. 4-6H RSI overbought.
Targets remain the same + measured target of inversed C&H is there too, but hidden and will be an easter egg for bulls ;)

Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only
Trade closed: target reached
You've been pretty darn close. You're time line was maybe off but you called this a long time ago. Im impressed.
+1 Reply
LanaFL Supertraderboy
@Supertraderboy, Thank you) It was time to review my old calls to work on mistakes and improve the performance. Sorry for bothering you all with notifications :)
Reply
@LanaFL, I dont know what your talking about your notifications are great. I had fun. This looks to go further down. I havent had much money in for a while.. Im looking for the bottom.
+1 Reply
There is a major support line that BTC has respected perfectly by bouncing multiple times over it. I highly doubt we will break that support line. If we do, we will enter a long term bearish momentum. I do think though BTC and Alts are soon due to a corrective wave but not of this magnitude :) good luck though! ;)
Reply
I love bearish queens.
+2 Reply
@asdfghghj, to make this into an inverted cup and handle rather than a double top takes some contortionist abilities.
+1 Reply
LanaFL JoshuaVanier
@JoshuaVanier, well, there is no contortionist abilities needed. You just need to look at the book example of inversed Cup and Handle http://www.bitcointradingsites.net/wp-content/uploads/2017/04/02-inverted-cup-with-candle-300x300.png
Reply
03hill asdfghghj
@asdfghghj, In the Words of Austin Powers, "That's NOT a woman, It's a Man Baby!"
Reply
LanaFL 03hill
@03hill, it's all about your preferences ;)
Reply
03hill LanaFL
@LanaFL, LOL, true
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out