Upside down cup and handle taking BTC to 7500

BITTREX:BTCUSDT   Bitcoin / Tether
Upside down cup and handle taking BTC to 7500
Comment: Distance from the bottom of the cup to its edge x2 is around 7500 .
Comment: This look like a pump to a resistance point , probably to 9051
Comment: This drop cannot be over , we did not touch 7500 yet.
Comment: BTC had us tricked there ,,here comes the missing drop . it should take us closer to 7500 . Time to go shopping lads .
Comment: There is an additional drop to 7180 and 5876 , however BTC may wander off higher after hitting 7500 and then return a few days later and hit the 7180 target and do the same for the 5879 target.
Comment: we can pick up at 7500 then sell at 8000 and rebuy back ,lower then wash rinse and repeat
Comment: if BTC remains friendly we can climb back up to 8224 and offload the BTC picked up at 7500.


Still in play?
mycotoxin mattwhite23
nice catch!
Thank you for the heads up!
mycotoxin rickdavis1916
@rickdavis1916, Cheers
+1 Reply
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