MAYBE all the good news like Coinbase expanding to Europe and PayPal accepting Bitcoin soon is going to have a positive effect on the price. In that case MAYBE a cup and handle pattern might form. And MAYBE we hopefully see a breakout by the end of the month.
This was my first and last public Tradingview cup and handle chart. It never worked so far each time I tested it.
ninjabenja
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lol, well II was just having a bit of fun, but yeah you're better off. C&H is ridiculously subjective and the results of a "valid pattern" are more often better attributed to other more precise TA analysis.
TheReasen
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Yep, totally agree now
No12
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BTW , C&H seems to be a common solution lately... so even if it is early to call.. the chances arent bad..
I would hardly call that bad news. More like non-news.
No12
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MoooonTrader, well same was said about the last warning (USA cons. prot.) that took us down from 580 to these levels here.. I would not underestimate, but calling a statement from the Bank of England non-news is at least negligent..
MoonTrader
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First of all, news doesn't move price. Second of all, nobody cares about the Bank of England's opinion if they haven't even hinted at some kind of policy change, which they haven't.
No12
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First of all you should only talk for yourself.. "nobody" is in this case only you. Otherwise it would not be found in every single mainstream news-site by now.
Second of all .. stop spamming this page with you bullish bias attitude pseudo arguementation.. I was only sharing a link to possibly negative news impact, which was released few minutes earlier. If you really wouldnt care, you wouldnt even bother calling it non-news. So go change your pants, while I watch the price dropping :D