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CRYPT0VEST
Apr 12, 2018 11:51 PM

Bullish cup and handle bitcoin 

Bitcoin / DollarBitfinex

Description

Bitcoin formed a perfect cup and handle which shows strong bull momentum about to happen

Comment

Broke up as expected, locked in some profits and still waiting
Comments
JoshuaVanier
I think you made the handle formation too early, it was just one big cup, now the handle forms.
CRYPT0VEST
@JoshuaVanier, yes they were playing with the handle , it broke later on
JoshuaVanier
@GM19, yes it was quite the fake out, the fact that the cup formation was long and shallow should of tipped me off to a possibly similar handle
JoshuaVanier
@GM19, The handle was half the depth and half the length of the cup. interesting.
CRYPT0VEST
@JoshuaVanier, Yes a usually would not be recommended to trade the pattern with that 50% of the cup handle, which was quit strange, was good thing I went to bed and left order with stop loss otherwise I might have felt tempted to quit the order
oneshygi
What does that matter when this break up was nothing more than a short squeeze? It won't last.
CRYPT0VEST
@oneshygi, yes but you can get profits to atleast 8200-8400
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