~50% retrace from the top of the cup puts us back at the bottom support of our current channel.
If and when we reach the bottom and we find a strong bounce to break resistance.
Personally i'm looking for a double top out of BTC here.
Cup and handle targets is just under previous ATH's ill will be taking this opportunity to de-risk my positions, will reevaluate and see if reinvesting is appropriate.
If and when we reach the bottom and we find a strong bounce to break resistance.
Personally i'm looking for a double top out of BTC here.
Cup and handle targets is just under previous ATH's ill will be taking this opportunity to de-risk my positions, will reevaluate and see if reinvesting is appropriate.