BTC/USDT - LONG Trade-Continuation of Bullish Trend Cup & Handle
#BTC
On 1 Month scale Cup has already formed and now handle is forming. If it is formed then we are likely to see a Bull run which may start by end Aug 2024 (if Fib 0.38 is retraced) or end Jun 2024 even (if Fib 0.236 support is activated) and will continue till Aug 2026.
Remember the analysis is based on monthly scale so it is for those who have patience and prefer the trades on fundamentals of coins.
On 1 Month scale Cup has already formed and now handle is forming. If it is formed then we are likely to see a Bull run which may start by end Aug 2024 (if Fib 0.38 is retraced) or end Jun 2024 even (if Fib 0.236 support is activated) and will continue till Aug 2026.
Remember the analysis is based on monthly scale so it is for those who have patience and prefer the trades on fundamentals of coins.
Comment:
Stop Loss should be placed at HL which is around 59000