Bitcoin Cash/Bitcoin (BCH/BTC) Cup and handle forming?

1 พ.ค. 2021

BCH/BTC forming a cup and handle. I'm expecting a bit more consolidation around these levels and then some green candles on increasing volumes to push to 0.0184. We might pause around there, but I'm looking for continuation to the previous high around 0.0196.

TP1: 0.0184
TP2: 0.0196

- Sultan of Chart

2 พ.ค. 2021

บันทึก

I should've drawn a larger handle for longer consolidation. Pattern still in tact. Stay LONG

4 พ.ค. 2021

บันทึก

TP1 reached. Sold half of my position. Will re-buy if it retraces to the 0.618 fib line at ~0.0175

4 พ.ค. 2021

บันทึก

Re-bought at 0.0175. Will likely sell half again at 0.0184 but still looking for TP2 over a longer timeframe

5 พ.ค. 2021

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Well that was quick, but who's complaining. Enjoy the gains

-Sultan of Chart