BTC / USD | Cup & Handle Buy Levels and Targets
Updated
Hello, support the idea with your likes and love to see your inputs in comments, maybe your view is different on price action — let me know.
After breaking the Descending Wedge price went up to 8900 Resistance level (cup & handle resistance) and right now XBTUSD price in the middle of handle in cup and handle pattern. I will open 2 buy orders at 8700 (i did already) and at 8500 as the support. Looking for breakout from Parallel Resistance and free to reach target 1-2-3.
Mine SL below Key Support level, cause price action could be tricky as we see in Mid SEP and OCT 2019, price just shakeout all long players and pumped very hard:
Thanks for your attention, good luck and have profit trades!
After breaking the Descending Wedge price went up to 8900 Resistance level (cup & handle resistance) and right now XBTUSD price in the middle of handle in cup and handle pattern. I will open 2 buy orders at 8700 (i did already) and at 8500 as the support. Looking for breakout from Parallel Resistance and free to reach target 1-2-3.
Mine SL below Key Support level, cause price action could be tricky as we see in Mid SEP and OCT 2019, price just shakeout all long players and pumped very hard:
Thanks for your attention, good luck and have profit trades!
Trade closed: target reached
Target 1 done👌Note
Target 2 done👌
𝗔𝗥𝗧𝗘𝗠 𝗖𝗥𝗬𝗣𝗧𝗢 | 𝗦𝗶𝗻𝗰𝗲 𝟮𝟬𝟭𝟴
📲 Join Our Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 Explore More Resources: linktr.ee/artemcrypto ✅
📲 Join Our Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 Explore More Resources: linktr.ee/artemcrypto ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.