Get started
Demoniaco

Cup and handle, formed another cup - pending handle

Long
Demoniaco  
BINANCE:BCPTBTC   None
Trend Analysis Chart Patterns cupandhande cupandhandlepattern cupnhandle
2
0
trendanalysis chartpattern cupandhande cupandhandlepattern cupnhandle
Cup and handle formed on $BCPT which broke out above the 38.2% retrace line.

Looking to form another cup and potential handle on good 24hr volumes.
Overall target is to retest the all time highs @ 14,900.


EDIT: Careful, negative divergence and low volumes on the final cup formation.
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.