Possible cup and handle

15 ม.ค. 2020

A cup and handle patter seems to be forming in bitcoin. If the pattern confirms, price will drop to 8-7.9k levels and after this, a new upwards movement will start for bitcoin. This, combined to the macd indicator on weekly pattern beeing close to cros, and the breakout of the descending channel that was confirmed, presents a bullish bias in the market