BITCOIN CUP AND HANDLE FORMING FEB 19, 2019

in #bitcoin7 years ago

BUY THE HANDLE:

As you can see one of the possibility is a formation of cup and handle type of pattern. We can see the cup has formed we are looking for a correction at 11800 as it has been a resistance in the past before the turmoil. $11800 is critical we may see a correction of of about $1800 bringing bitcoin down to 10,000 to test support at $10,000. If this is truly a cup and handle then we may see an uptrend once the correction is over. I'd be looking to buy in low $10,000 range.

bitcoin graph.PNG

This is just my opinion and my strategy and not a financial advice. Let me know if you guys agree or disagree.

Thank you for upvoting and resteeming.

Rowling

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No, don't buy into fucking digital-internet-fiat that can easily be wrecked by an EMP or general war breaking out. Buttcoins are not worth a damn; it's just wasted electricity to prop up the biggest ponzi scheme ever. The only thing Bitcoin was good for was that it allowed degenerate druggies to buy drugs from the internet instead of impacting my visit to the corner store with their trap-hood monkeyshines.

HODLers will be left HODLing the bag with no shekels in it.

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