Bitcoin breaking by March 16 - Cup and handle pattern

12 במרץ 2021

Expected downside movement in coming days to 52K level, followed by upward movement towards 58K level to break out above.

16 במרץ 2021

הערה

Bottom target hit of ~ 52K. Now forming the cup of the cup and handle pattern. Looking for the break out in coming week to previous top of 61794. Need to see break out above ~ 61.7K with strong volume to confirm cup and handle pattern

17 במרץ 2021

הערה

Need to see green daily candles close and reach neck line of cup and handle by ~ March 22 to confirm pattern.