BTCUSD: this is not a cup and handle!
I've been seeing a lot of TA that suggests that we are seeing a potential C&H, which is not true. C&H are characterized by first and foremost by consolidation of the bottom channel. the big sell off, and thus wick, negates the concept of consolidation. While this is not a C&H, this does not mean that BTC cannot break out. There are other technicals, such as the hidden bull, that show this could be the "dip". conversely, there is also the bearish divergence.
it's a toss up. only time will tell.
Good Luck!
it's a toss up. only time will tell.
Good Luck!
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。