dascalitzi

BTC/USD - 1D Possible cup and handle?

Long
dascalitzi Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi guys. I've imagined a scenario in case we are not breaking down and I saw this cup and handle target being in perfect alignment with 1.618 which is around 95k. Also, maybe there is a bearish divergence on rsi which will lower the price and maybe respecting the cup and handle pattern. Not financial advice, I've just wanted to share this coincidence.
Comment:
There might be an inverse head & shoulders with a price target of 57k, 0.786 fib level. Imagine this will play out...
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