iNVERSE CUP AND HANDLE OR BEAR FLAG TO DOUBLE BOTTOM??

2018年4月1日

So I've read a lot of published ideas saying that there is an inverse cup and handle here on the 4 Hr. chart and I can't really argue that is appears that way, but if you look it appeared on this chart before and never transpired. If it had per cup and handle calculation it would have sent BTC to zero. But it didn't. On top of that you have a bullish divergence that has been coming for quite some time on the MACD. You can currently see we are building another bear flag which if it would play our as we have seen many times on this chart it would put us right around the 6K mark which would be a double bottom. We are squeezing up against the MACD zero line with this divergence. Add it all up and I think everything point towards this being a double bottom more so than an inverse cup and handle that would send BTC down to 3K or less. Just my thoughts and opinion. I am sitting on the side lines for now. Also, I am no expert and this is for educational purposes only, but with the inverse cup and handle failing before and this strong of a bullish divergence I really feel we have a double bottom in the works. Please comment or like I appreciate your opinions as well that's what we're here for. Thanks! :)