BTC inverted cup handle pattern
BTC appeared two pin bars near 18527.00 and 20000.00, but neither of them reversed the trend smoothly. Instead, the price continued to fall, representing a strong resistance area near 20000.00.
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If BTC can break above 20245.35, there is a chance to challenge the downtrend line (blue line).
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At present, BTC has fallen below 18527.00, and the inverted cup handle pattern has been established.
Pay attention to the support range below:
17580.00
15972.35
14394.08
11839.43
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-
If BTC can break above 20245.35, there is a chance to challenge the downtrend line (blue line).
-
At present, BTC has fallen below 18527.00, and the inverted cup handle pattern has been established.
Pay attention to the support range below:
17580.00
15972.35
14394.08
11839.43
-
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