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astocktrading
Jan 13, 2022 6:47 PM

BTCUSDT Long on Cup & Handle Reversal Potential Long

Bitcoin / TetherUSBinance

Description

Non-traditional use of the cup & handle, but it's too clean not to play. Stop losses tight as always. I did multiple timeframe analyses, and BTC looks bullish at this point, so this only further confirms it for me.

Chart speaks for itself. I'm getting in and riding it to that previous support zone. (Never financial advice)

Happy trading, everyone,

Stefan
A-Stock Trading
Comments
bogdangeorgelet
and SL is hit
astocktrading
@bogdangeorgelet, still think it got life in it longer term
gaveikakaspars
yea possibly we todaty tested that resistance un all way down to get better bounce .
astocktrading
@gaveikakaspars, On the weekly timeframe its bouncing off a major pivot zone. Check my earlier posts and find the BTC one. Called the dip in early Dec. last year :)
gaveikakaspars
@astocktrading, Weekly we are uptrend check RSI
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