Bitcoin is forming a 4 hour cup and and handle, recent drop from $8980 did not break the RSI trend Line on the 4 hour.
The Plan: I have fully exited my previous long position from $8450's and opened a new long position at $8750's. Will add more to position after a 4 hour close above the previous high of $8980.
Stop Loss: $8650
Profit Targets $9200 $9400 $9700
The Plan: I have fully exited my previous long position from $8450's and opened a new long position at $8750's. Will add more to position after a 4 hour close above the previous high of $8980.
Stop Loss: $8650
Profit Targets $9200 $9400 $9700