Bitcoin Cup & Handle

Por Sharky8899.

Atualizado

Just an idea, you guys love patterns.... so here it is.
Sideways to Down til Friday, then it will pump again.

Nota

My previous idea, was a Nice proffit if you guys fallowed it.
This masterpice... mybe you remmember back in july.

Nota

Golds major bottom in 2016... dont know if similar Plays out.

Nota

So far so good. I will see if its drops in the weekend, so i can get a levraged position up to 10k. The Pump groups favorite move is to manipulate in the weekends, while most people are doing other stuff.

Nota

TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOONNN!!!!!!!!!!!!!!!!!!!!!!
lol

Nota

Well.... lets see what happens.
The pattern is woring. Usally it is verry explosive.

Nota

Dont usally get the cross of the oscilator in the weekly to often but it happend.
Its a lagging indicator but long term it is not something i bet against...

Nota

Trendline break, Our target is 8400.

Nota

Based on the cup and handle breakout of the handle. Long term target should be the march high of 12000.

Nota

First target almost reached.

Nota

Shorts are getting killed..... its a massacre..... calle the ambulanse.

Nota

Its stretched above the avrages, need to og sideways to Down, before it continues.
Bears will probally short again and get rektd, i belive bears will have this nightmare in their dreams for a long time now.

Nota

If this holds until NeXT week, we just got a swing in the monthly chart.
That means the yearly cycle low???
If thats the case, get you FOMO Sneakers on quickly.....

Nota

Delevraged my position at 8300. Sentiment is turning bullish again.
And i dont like to think like the sheeps, soon bitcoin will be in the news, and majority of traders on tradingview will post crazy bullish analysis. I am acctuly looking for a short this week if i find a good entry.

This trade has been good, and reached my target of 0.6 fib retracment.
Thanks for fallowing.

Sharky8899.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.