As it is obvious we have been in bloody days since 9 Nov and made many people panic BUT....
BTC has been printing a massive Cup and handle since 14 april and exactly after we hit the ATH it began a correction ( for handle ) ! in case of breakout from the top the holder we slightly should hit 100K in terms of CUP targets
Even though that we had a leg down now but its sitting at the support cluster of MA 100 on Daily chart + bottom of ascending channel and support zone ( yellow oval ) which i expect BTC to bounce from here and go for the breakout (handle of the cup)
What you think about this analysis ?
Feel free to talk in comment section below and make me right if im wrong
BTC has been printing a massive Cup and handle since 14 april and exactly after we hit the ATH it began a correction ( for handle ) ! in case of breakout from the top the holder we slightly should hit 100K in terms of CUP targets
Even though that we had a leg down now but its sitting at the support cluster of MA 100 on Daily chart + bottom of ascending channel and support zone ( yellow oval ) which i expect BTC to bounce from here and go for the breakout (handle of the cup)
What you think about this analysis ?
Feel free to talk in comment section below and make me right if im wrong
Trade attivo:
corrently MA did a decent job and support the BTC from crashing more
