TradingView
Oops_I_Charted
Apr 13, 2017 4:33 AM

Bitshares BTSBTC - Bullish Divergence. Cup & Handle Forming? Long

BitShares / BitcoinPoloniex

Description

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:

More