Clear C&H breakout for PHB/BTC

15 בפבר׳ 2021

PHBBTC


Another insteresting set up for PHB / BTC

We have a clear cup and handle formation on the daily chart that has already been broken out with a successful retest at 18sats

C&H formations are rare patterns that when they come into play are usually strong and means reversal

Here we formed a rounded bottom and as the trend started the upwards movement we also got rising volume which points that bullish sentiment is in play

The coin should continue from here and might offer at least a 100% returns

Potential take profit areas are marked on the chart with red

Happy trading y'all