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Bitcoin
Long

Bitcoin is in a cup and handle; target $23000

89
On the daily Bitcoin chart, BTC formed a cup when it went down to $16200 and returned to near 20K breaking the ATH on Coinbase. It is now forming a handle with the recent dip near 18K. I will take the neckline at $19600; target would be $19600-$16200 = $3400 + $19600 = $23000 for a target once the neckline is definitively broken.
shubbs
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
shubbs
Also on:

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.