IAmSatoshi

BTC Cup & Handle

Long
IAmSatoshi Updated   
BITSTAMP:BTCUSD   Bitcoin
20
long entry = break of horizontal resistance on volume (and no sooner)
SL = BE or appropriate level below BE
target = measured from depth of cup

wildcards - SEC COIN ETF decision, PBoC announcements/regulations

Further explanation of a C&H here:
www.youtube.com/watch?v=7sQMhNxo...
Comment:
Previous chart pattern, Inverted Head & Shoulders, hit target almost done on.


Further explanation of a H&S here:
www.youtube.com/watch?v=7sQMhNxo...
Trade active:
first resistance target reached (1.618 fib)

next stop 1400

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