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abdulla_faraz

BTC Cup and Handle pattern on the daily chart

Short
Bitcoin (BITSTAMP:BTCUSD)  
abdulla_faraz Updated   
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Cup And Handle BTCUSD XBTUSD Cryptocurrency
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supportandresistance cupandhandle btcusd xbtusd cryptocurrency
A "cup and handle pattern" is forming on the daily chart. Watch out for breakout from channel on the short side. It could result in a significant downward movement.
Comment:
Take the short at 7350. Cup and handle confirmed with breakout.

snapshot
Comment:
My projection for where this bear run will end.

snapshot
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