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MikeCryptoSignals
Jul 14, 2020 10:32 AM

WAN / BTC - Possible Cup and Handle formation Long

Wanchain / BitcoinBinance

Description

#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.

Trade active

Perfect touch on Target 1

Trade closed: target reached

Target 2 touched in straight !
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