Cup and handle forming or will we look for support around 8050?
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Following the cup and handle projectory + taking the MACD and RSI into account, we might burst through the 9050 resistance!
Following the cup and handle projectory + taking the MACD and RSI into account, we might burst through the 9050 resistance!
Didn't expect the trend to follow the C&H pattern (thought it would look for support lower) but it actually did pretty well!
If BTC finds enough momentum to break the resistance line at the indicated point, it might even have a good chance of finding new support at 9000! (indicated point is where 3 major resistance lines meet)