shubbs

BTC cup and handle; $16000 target

Long
COINBASE:BTCUSD   Bitcoin
Davincij15 called out a cup and handle pattern in Bitcoin in a video with MM Crypto (Chris) tonight. The cup is from $10500 to the $3800 bottom to the recent $10000 top. The handle is from $10000 to $8100 back to $10000. An ABC correction should be finishing in a few hours. The next 5th wave in BTC since the $3800 should be very strong. The target of the cup and handle is the cup top $10000 - cup bottom $3800 = $6200 + Cup Top $10000 = $16200. That top could come in a few weeks.

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.