Looks like a cup & handle is forming on the daily chart of BTS/BTC.
This is a bullish price pattern which would indicate a move to the upside right now (as we are probably around the bottom of the handle).
This will take a couple of days to unfold, sudden BTC spikes in either direction could possibly ruin this pattern.
StochRSI is nearing the bottom side as well. A bit lower and it would mean we are oversold.
This is not financial advice, merely an idea.
This is a bullish price pattern which would indicate a move to the upside right now (as we are probably around the bottom of the handle).
This will take a couple of days to unfold, sudden BTC spikes in either direction could possibly ruin this pattern.
StochRSI is nearing the bottom side as well. A bit lower and it would mean we are oversold.
This is not financial advice, merely an idea.
Trade ist aktiv:
We saw price go up as predicted and the handle is formed.