WAN / BTC - Possible Cup and Handle formation
#Wan / BTC
- Possible Cup and Handle formation in Wan vs BTC . Not perfect one
- Price action still looking good even with a drop in the movement. However, we should be looking bitcoin doesn't drop below 8900$ because it could be throwing this trade.
- Most indicators still looking good for a continuation bullish price action
- I find two important stop losses. Classic point on the lowest price of the handle or a very tight point, Daily EMA20 + last base candle. According to your trading style, you will need to update it or not.
Good luck
Remember use correctly your bank , develop and decide each investiment for yourself, that's my own trade.
- Possible Cup and Handle formation in Wan vs BTC . Not perfect one
- Price action still looking good even with a drop in the movement. However, we should be looking bitcoin doesn't drop below 8900$ because it could be throwing this trade.
- Most indicators still looking good for a continuation bullish price action
- I find two important stop losses. Classic point on the lowest price of the handle or a very tight point, Daily EMA20 + last base candle. According to your trading style, you will need to update it or not.
Good luck
Remember use correctly your bank , develop and decide each investiment for yourself, that's my own trade.
Trade active:
Perfect touch on Target 1
Trade closed: target reached:
Target 2 touched in straight !