pedrogarrinhas

BTCUSD - 4H - Cup And Handle?

pedrogarrinhas Uppdaterad   
OANDA:BTCUSD   Bitcoin

Not a financial advisor!
Not making any trade here!
I don't use leverage!

Yes ... I believe that a triangle formation broke bearish today!
Yes ... I believe that there is a daily bearish divergence on the RSI!

BUT... There is some possible bullish hope in the form of a cup and handle.
In case this gets invalidated! well you can find some possible reversal horizontal supports on the chart.
Kommentera:
Playing out as planned.
Very important to look at the neckline around the 19300-19400 usd region.

Kommentera:
Amazing!!


possible rejection at this resistance as written on the previous comment
...but in case it just blasts through expect to be above 20K soon!
Trade stängt: målet nått:
Even thought the final expected target was not YET reached...we have a Cup and Handle breakout.

I expect that the final target will come not in a distant future...but I am expecting some down movement!!

Using a trailing stop from now on!

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