trancenaari

BTC CUPnHANDLE (CnH) Correction before breaking out to new HIGHs

Short
COINBASE:BTCUSD   Bitcoin
Since 15555 we are seeing this formation and then a breakout now we have the BIGGest CUP_ ever which do deserve a BIG handle.
Market Makers I believe you will love to see that formation of the bigger charts.

We have a strong down side QS setup to follow QS downside targets 15555 ( too ambitious !!), just talking in a TA language, anything is possible.

But for now I will be more interested in finding out how deep of a handle are we getting for such a HUGE CUP



My targets are based on FIB 43210-45678 ZONE

We can still enter this trade after the confirmation and follow 620->420 Loop

which will be 62222->52222->48888->44444

This is what I see here

You guys have a closer look too, I have prepared a chart for you.

Cheers

Trader's Trance ON

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