TradingView
DrDovetail
Aug 29, 2023 7:14 PM

Greyscale appears to be breaking out from cup & handle pattern 

Description

Fresh off the heels of their victory against the SEC, it seems as though it is now very likely this breakout will be confirmed on this cup and handle pattern on the 1 day chart on the GBTC greyscale chart. We can see priceaction has already retested the rimline as solid support before the current big green impulse candle. Also a very nice bullish impulse on the volume candle as well for bullish confluence. *not financial advice*

Comment

Greyscale trying ever so hard to maintain the support of the measured move line (dotted purple)

Comment

Target hit!
More