BTC appears to be setting up for a potential Cup and Handle formation, a classic bullish pattern that could propel the price past the much-anticipated 100K mark.
The formation is incomplete but nearing a critical stage; a breakout above the handle’s neckline zone would confirm the pattern. Both short-term and ultimate targets are highlighted on the chart for guidance.
However, caution is advised as rising selling pressure could hinder this setup. Be prepared to manage risk effectively in case the pattern fails to materialize.
Share your thoughts on this structure, and let’s discuss its potential!
The formation is incomplete but nearing a critical stage; a breakout above the handle’s neckline zone would confirm the pattern. Both short-term and ultimate targets are highlighted on the chart for guidance.
However, caution is advised as rising selling pressure could hinder this setup. Be prepared to manage risk effectively in case the pattern fails to materialize.
Share your thoughts on this structure, and let’s discuss its potential!
Nota
If bull manage to break the neckline we should expect a moving path like this.Nota
Do you guys like the precision on this analysis, let me know how you feel.Nota
We should move all stop loss above entry if you follow us with the new setup.Nota
We are still tracking the progress of this setup.Nota
Yesterday, the price successfully broke a critical resistance level, confirming the activation of a cup-and-handle pattern. Currently, we are observing a potential ABC corrective wave, which may precede the continuation of the bullish rally.Trade attivo
The setup still in progress. Keep dropping your comments let discuss together.Nota
No new update yet, we are still waiting for Bitcoin to make its's decision. Nota
Everything looking set for good move, let keep exercising patience to see how this develops.Nota
Bitcoin is crawling and this will be slow and steady towards the target. Trade chiuso: obiettivo raggiunto
Massive achievement.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.