NoMi_Kidd

$70k BTCUSD Incoming After The Dip?

Long
BITSTAMP:BTCUSD   Bitcoin
Good Day my fellow traders! I will keep this real short...BTCUSD has 2 bearish divergences on the daily that I'm taking heed to. I believe a pullback to $46-$42k is expected. The $46k level might get tested again, if fails...next level for support will probably be in the $42k area(Perfect long entry point) :) The overall picture is bullish. As you can see..BTCUSD is forming what resembles a CUP AND HANDLE PATTERN. Completing this pattern will bring the price action to the $70k area. You can find this similar pattern is DASHUSD as well.

Disclaimer: I'm NOT a financial adviser... :-)

Peace Love Blessings ;)
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