BTC forming bullish cup & handle pattern
I noticed today that if we take away the big pumps and dumps to average out the line we see a lovely round bottom, reminiscent of a good old British tea cup. And I don't see any of the YouTube traders I follow talking about this for some reason?
The cup & handle pattern is a rare one, better viewed on the longer time frames.
It is very positive signal, usually indicating there is something MEGA on the horizon.
For anyone interested in learning more about trading signals, check this article
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I almost forgot I have a bit o bitto.. lol...
I also have some, but only coz everyone else has it ;)
Honestly I may sell it somewhere on the way up. Let's see how other things progress...
One thing is for sure: my suggested cup & handle pattern is still playing out perfectly. Which likely means we are a few days away from some juicy action!
Regards @samstonehill.
Wow, what a good eye you have!
Perhaps the other analysts you mention have not commented on this curve because they have not seen it.
It was you With your watchful eye and your previous knowledge that you managed to detect it.
The analysis of graphics and those Chinese candles, is an inexact science. But when practiced with perseverance can offer clues, which in the hands of intelligent people, represent very valuable information.
Thank you for sharing your knowledge with us.
All best, Piotr.
Hello there my friend. Long time no see.
Yes, looking at the 'handle' today I can see that my suggested pattern is still playing out perfectly.
The two year bear market really helped by giving me the time to learn from other traders. Back in 2017 I knew very little and made many mistakes. This time around I want to be sure there are no mistakes.
Enjoy the ride brother.
Hi again @samstonehill
Can I ask you for little favour? I joined contest called "Community of the week" with project I manage and I would be grateful if you could RESTEEM it and help me get some exposure and drop some encouraging comment :)
Link to my post: on steemit or on steempeak
Thanks :)
Yours, Piotr