We see a cup and handle forming in the 4H chart.
The falling trend line seems to be broken on the 1H chart and we are probably seeing a pullback.
As long as it holds the support area around $2.4 - 2.5 we are good to test the previous high at $3.2 and if we break it then $4 and higher prices will be at reach.
Always DYOR :)
The falling trend line seems to be broken on the 1H chart and we are probably seeing a pullback.
As long as it holds the support area around $2.4 - 2.5 we are good to test the previous high at $3.2 and if we break it then $4 and higher prices will be at reach.
Always DYOR :)
Comment:
BTC started to dump and stop loss on $2.4 is triggered.