TradingView
doolieuber
May 2, 2018 11:46 PM

#QLC / # BTC Cup and Handle Long

Description

Cup and handle pattern could mean bullish continuation. Measured move up provided.

Approach 1: Buy the breakout if volume is convincing. Would not recommend to traders not actively monitoring.
Approach 2: Buy the retest of neckline (see green line path as an example).

Not financial advice. Education and entertainment, only.

Comment

rejection at neckline, but this is a setup to trade a breakout. if looking for longer term accumulation, 1850-2000 sats should do the trick
More