WebJan 16, 2024 · Quick update on Bitcoin . Our old Cup and Handle pattern has been completed and the target was reached. Now, it appears as though a new Cup and … WebOct 6, 2024 · Bitcoin cup and handle on its way to confirmation – target 76,000! Posted on October 6, 2024 by alphahorn Bitcoin continues on course per our wave count and forecast. This was about the only site to correctly call the BTC bottom. We pointed out that BTC did exactly what we expected it to do finding support at the wave 4 of lesser degree …
cup and handle pattern bitcoin trading binance - YouTube
WebSep 24, 2024 · This is a daily chart for BTCUSD on Bitstamp. The most obvious thing I want to highlight is the battle at the 0.382 Fib level. It is very very common for an asset to have a few checks and tests off of 0.382. And BTC is no exception. For the past few months, we've witnessed a battle between Bulls V Bears at 0.382. Now, bull and bear volume has been … WebNov 19, 2024 · Bitcoin (on the left) and Gold (on the right) have produced multi-month rallies after forming bottoming bases. And each chart shows the making of a bullish cup and handle pattern, with the handle ... how did a prince albert piercing get its name
Cup and handle - bitcointalk.org
WebUsing the line tools, correctly identify and draw the handle of the pattern. This is usually a wedge or parallel lines downward. Drawing the bearish version of the pattern is quite similar. In this case take the curved tool and select the two points of the cup and drag the line up to validate a bearish cup. Use the line tool once again to draw ... WebMar 5, 2024 · Bitcoin has completed a very bullish setup: The Cup & Handle. It is a sign of continuation to the upside. You can clearly see that it looks just like a coffee or teacup, … WebThe cup and handle pattern is a trading pattern that can be analysed in all financial markets. The cup and handle formation is created when the price of an asset falls but then makes its way back up to the point where the fall started. Cup and handle patterns are found on all timeframes, from intraday charts up to weekly and monthly charts. how many satchels to destroy metal door