Bitcoin Cup & Handle Bullish Pattern Alert!
Hello my trading view family!
In todays analysis we are looking at this bullish cup & handle pattern on Bitcoin.
As you can see prices have tested the .618 level, this level is the key fib ratio for handles in cup & handle pattern.
If prices hold support at this level we will likely see prices march up past new all time highs.
I remain bullish on this giant.
Stay profitable!
- Dalin Anderson
In todays analysis we are looking at this bullish cup & handle pattern on Bitcoin.
As you can see prices have tested the .618 level, this level is the key fib ratio for handles in cup & handle pattern.
If prices hold support at this level we will likely see prices march up past new all time highs.
I remain bullish on this giant.
Stay profitable!
- Dalin Anderson
Comment:
UPDATE
only two wave counts I see as probable for wave 4.
This means bottom is near.