BTCUSD - Cup and Handle! - Bullish Overview
Hello guys!
This is a bullish scenario which I see playing out for Bitcoin.
It should, hopefully, touchdown on the 200-day EMA, and then bounce off, and thus form a handle formation. Also, volume seems to be increasing a lot lately.
If this all plays out well this week and next week, and we remain bullish, then the ultimate target of this C&H is $11,000.
Remember,
Patience is paramount!
Good luck!
This is a bullish scenario which I see playing out for Bitcoin.
It should, hopefully, touchdown on the 200-day EMA, and then bounce off, and thus form a handle formation. Also, volume seems to be increasing a lot lately.
If this all plays out well this week and next week, and we remain bullish, then the ultimate target of this C&H is $11,000.
Remember,
Patience is paramount!
Good luck!
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imgur.com/a/ub3nMSa
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