BitcoinLong
Cup and Handle Forming on BTC Daily
A clear Saucer pattern has formed on the Daily BTC time frame, although it looks like price has been rejected with a period of retracement coming that could lead to a Cup and Handle. A Bearish Divergence has formed on the OBV as well which is yet another sign of a possible retracement to suggest this is a Cup and Handle forming. After the pullback, OBV should begin to rise as it approaches the resistance for the second time as this signals a strong break out.
No trade set up today, just an analysis of price action.
No trade set up today, just an analysis of price action.
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.