BTC in a potential cup and handle formation.
After forming a triple top, shes entered a downwards channel with multiple clean touches, a break below would likely be aggressive.
Breakout up will revisit triple top area around 16,8 with 17k above, thats where we will observe for a breakout or rejection.
Will update.
After forming a triple top, shes entered a downwards channel with multiple clean touches, a break below would likely be aggressive.
Breakout up will revisit triple top area around 16,8 with 17k above, thats where we will observe for a breakout or rejection.
Will update.
Comment:
Strong sell pressure. Retested channel and now currently forming a bear flag
Comment:
small tf bear flag played out. Retested handle and off to the races it went
Trade closed: target reached