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Ciombat
Dec 12, 2017 4:24 PM

Bitcoin Cup&Handle Long

Bitcoin / U.S. dollarBitstamp

Description

We can see cup&handle formation on btc, take profits are 18,19 and close to 20 levels. Good Luck :>

Comment

Tip: After big litecoin move - we will see some capital migration. It can be some altcoins, but i think some part of litecoin volume will go to bitcoin and we will see new tops in next days.
Comments
MichaelKeller
That a lot of risk for 5% profit. Not sure I see the handle yet.
Ciombat
@MichaelKeller, there is a small handle ;)
MichaelKeller
@Ciombat, It's BTC, it's going to do what it wants anyway. I thought a correction was coming but not so much. 20K by the weekend?
Ciombat
@MichaelKeller, haha to the moon :D well - rsi on 1w shows 95 so its not best option for long term buys - but if someone like day trades, why not, i think big wallet guyz will pull it little more before crash or bigger correction :D
MichaelKeller
@Ciombat, now that's a handle! I'm ready! Let's go!
Ciombat
@MichaelKeller, Rip my C&H :c but its not the end! xD
MichaelKeller
@Ciombat, Nope, not ripping you at all. I hope you are right.
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