Info is on the chart. Keep in mind even if we confirm above $1.40 on the daily chart we could turn right around and dump tomorrow. So set a stop. Another case is we don't close above $1.40 and we still continue up. This is very possible since we did break out of a bullish pattern. I just feel a confirm above $1.40 almost seals the deal on further upside. Thanks for checking out my idea!
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The 1hr time frame also looks bullish.
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Didn't get a daily close above $1.40, but still looking bullish and primed for more.
Potential short term cup and handle on the Coinbase 5min chart.
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Both the ascending triangle and cup and handle were just broken very fast. So be cautious buying into this.
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Important supports to hold. The chances of short term continuation decrease drastically with each break.
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If we can break out of this pattern on BTC and head above $7400 I think we'll see a break into the $1.40's. It'll be important to actually confirm at least an hourly candlestick above $1.42(coinbase) or relative highs on the different exchanges for an immediate continuation of that move.
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Updated post to this move.
