Possible giant coup and handle pattern forming on Bitcoin!
There is a possible cup and handle pattern forming on BTC! It would be extremely bullish if the pattern is validated over the coming days. As you can see, the handle will be driving right into the halving event which is marked in my chart by the red line.
I am looking for a price bounce off the bottom of the channel/handle where the 200 daily and 20 week moving averages will be making a golden cross. If this happens I will be waiting on the breakout of the top channel of the handle.
This was my first published idea, please let me know your feedback.
Thank you,
Jason
I am looking for a price bounce off the bottom of the channel/handle where the 200 daily and 20 week moving averages will be making a golden cross. If this happens I will be waiting on the breakout of the top channel of the handle.
This was my first published idea, please let me know your feedback.
Thank you,
Jason