BTC / USD | Cup & Handle Buy Levels and Targets
Hello, support the idea with your likes and love to see your inputs in comments, maybe your view is different on price action — let me know.
After breaking the Descending Wedge price went up to 8900 Resistance level (cup & handle resistance) and right now XBTUSD price in the middle of handle in cup and handle pattern. I will open 2 buy orders at 8700 (i did already) and at 8500 as the support. Looking for breakout from Parallel Resistance and free to reach target 1-2-3.
Mine SL below Key Support level, cause price action could be tricky as we see in Mid SEP and OCT 2019, price just shakeout all long players and pumped very hard:
Thanks for your attention, good luck and have profit trades!
After breaking the Descending Wedge price went up to 8900 Resistance level (cup & handle resistance) and right now XBTUSD price in the middle of handle in cup and handle pattern. I will open 2 buy orders at 8700 (i did already) and at 8500 as the support. Looking for breakout from Parallel Resistance and free to reach target 1-2-3.
Mine SL below Key Support level, cause price action could be tricky as we see in Mid SEP and OCT 2019, price just shakeout all long players and pumped very hard:
Thanks for your attention, good luck and have profit trades!
Trade fechado: objetivo atingido
Target 1 done👌Nota
Target 2 done👌
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Publicações relacionadas
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.