BITCOIN CUP AND HANDLE FORMING FEB 19, 2018

in #bitcoin7 years ago

BUY THE HANDLE:

As you can see one of the possibility is a formation of cup and handle type of pattern. We can see the cup has formed we are looking for a correction at 11800 as it has been a resistance in the past before the turmoil. $11800 is critical we may see a correction of of about $1800 bringing bitcoin down to 10,000 to test support at $10,000. If this is truly a cup and handle then we may see an uptrend once the correction is over. I'd be looking to buy in low $10,000 range.

This is just my opinion and my strategy and not a financial advice. Let me know if you guys agree or disagree.

Thank you for upvoting and resteeming.
(

Sort:  

Congratulations @kimmikhan! You received a personal award!

1 Year on Steemit

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @kimmikhan! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.034
BTC 90479.14
ETH 3094.57
USDT 1.00
SBD 2.93