majorlee

Bitcoin vs US Dollar - 1hr Cup &Handle to $8,000 and beyond

Short
majorlee Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin formed a cup and handle as well - keeping to recent channel but expecting the reverse like clockwork if the following plays out

bullish sentiments may take towards a new ATH or a double top

looking to short from the ATH and then long on the bounce, MACD is signaling over bought sentiments

put in channels for typical set ups, be great if it does follow this

this also could kill alt trading for a bit, BCH may tumble too

nothing is set in stone, lets see it play out folks


ty fr all the kind support and likes, plz feel free to share my charts over twitter and telegram, tag me in it and will follow and tag u to 4k followers too!


have a powerful day


Trade active:
UPDATE to Original idea

Order cancelled

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