zippy1day

BTC Cup & Handle

Long
zippy1day Updated   
BITSTAMP:BTCUSD   Bitcoin
Fully formed and awaiting to meet target as per chart, I think this is the only thing holding it back?
Target : $4905/06 calculated using Bulkowski's formula ~ thepatternsite.com/measure.html
Also R2 happens to be resistance level at this price.
thepatternsite.com/cup.html
Trade active:
Target reached and exceeded Cup and Handle continuation pattern now targeting $5068 ~ $5184
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.