zippy1day

BTC Possible Inverted Cup & Handle?

Largo
zippy1day Actualizado   
BITSTAMP:BTCUSD   Bitcoin
Looks ugly and is ugly for those who are long like me!
thepatternsite.com/icup.html
Saving grace so far holding up above strong bull trendline in "Light Blue" line left to right in upwards direction.
Operación activa:
Possible ~ Descending Triangle :-http://thepatternsite.com/dt.html
Operación activa:
Descending Triangle Up Breakout : Target $8450
Operación activa:
Descending Triangle Down Breakout : $7426
Descending Red Line = Cover Line and aggressive buy and Green Line safer buy!
Operación activa:
Descending Triangle Target reached and breached!
Operación activa:
Lip broken convincingly and searching for target
Operación activa:
IMHO we have not reached target on this pattern but close to minimum, therefore the market still in balance but this video may help understand targets better?
www.google.co.uk/search?tbm=isch&a...
Operación activa:
Minimum target was met over the weekend ~ remains to be seen where we go from here?

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