jia888

HUGE Cup & Handle Forming! Breakout Target $35,000!

Long
jia888 Updated   
BITFINEX:BTCUSD   Bitcoin
1. Inverse Head & Shoulders still in tack and need few more days to reach neckline for breakout.

2. BTC will continue consolidating on uptrend after the H&S breakout and get major resistance near $19,000 on the top of the cup line.

3. Most likely it will correct to around $12,000 before exploding to new highs and reach around $35,000 around September or end of the year.

Zoom out and look at the bigger picture! Hodl for the big gains!

Happy trading!
Trade active:
www.tradingview.com/chart/IqL2jqVf/

Everything still moving as predicted. Head & Shoulder break out soon.
Comment:
Trade active:
looks like BTC just broke out and riding heading towards the target
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