On BTCUSD we have a classic Inverse Cup With Handle.
The move you are seeing bouncing hard off the 78k bottom is a corrective move designed to draw in Longs for a second wave of Margin calls as it tops out to form the cup handle, and sells off to retest the Breakout Zone.
If you bought this rally you should think again, We wont know BTCUSD true direction until the handle is formed and we re-test the breakout zone for reversal up, or a breakdown continuation of the bearish pattern.
Get Lucked or Get Phucked.
The move you are seeing bouncing hard off the 78k bottom is a corrective move designed to draw in Longs for a second wave of Margin calls as it tops out to form the cup handle, and sells off to retest the Breakout Zone.
If you bought this rally you should think again, We wont know BTCUSD true direction until the handle is formed and we re-test the breakout zone for reversal up, or a breakdown continuation of the bearish pattern.
Get Lucked or Get Phucked.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
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All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。