Oops_I_Charted

Bitshares BTSBTC - Bullish Divergence. Cup & Handle Forming?

Long
Oops_I_Charted Updated   
POLONIEX:BTSBTC   BitShares / Bitcoin
There's a pretty nice Hidden Bullish Divergence there - and if that causes it to shoot up we might be looking at a pretty nice Cup & Handle. There's a clear neckline and the volume seems to fit.

There are a couple of resistance lines so I've put the target between them, though the technical target for the Cup & Handle would fall closer to the higher one.

Keep an eye out!
Comment:
There's the breakout! But everything is breaking out with that bitcoin crash...
Comment:
Target reached!
Comment:
Round 2:

Trade closed: target reached:
Both targets reached!
Comment:
More C&H action:


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.