Patterns Don't Lie!
Huge Inverted Cup and Handle Spotted on Bitcoin!! These pattern when combined with low volume usually go down! 32 - 35K still possible!
An Inverted cup and handle is a technical chart pattern that resembles a cup and handle.
In this case it's inverted, where the cup is in the shape of an upside-down "u" and the handle has a slight upward drift, get my drift, bitcoin has a high probability of going down in the near term!!??
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Warning What you're about to see will scare you!!
Sources:
https://ninjatrader.com/blog/inverted-cup-handle-pattern-bearish-technical-trading-indicator/
https://www.investopedia.com/terms/c/cupandhandle.asp
Stay informed my friends!!
Get ready to catch the falling knives tonight and Buy Bitcoin!!
How low ? $20 k ... $3 k ? ... maybe I will buy a Full Bitcoin this time.
Not sure, looks like a last minute change of plans, this new double gap fill may be getting in the way! We’ll have to see!
thank you very much for the post, have a good day and a great mood
thanks for sharing, hope there won't be a big drop