MoonPickle

BTGUSD 2H Giant Cup and Handle

MoonPickle 업데이트됨   
BITFINEX:BTGUSD   None
Classic cup and handle pattern has formed. Volume breakouts at critical places confirm the pattern

Based on the size, it should send this up to 591.91 (fib 1.272)
코멘트:
TP target in this TA:

액티브 트레이드
코멘트:
some consolidation in this range is expected before next legs up
코멘트:
bullish pennant on 4H:

코멘트:
coiling action:

코멘트:
Forgot to add, $BTG is done with the ABC correction (EW patterns).

I don't usually apply EW analysis, but is clear here.

Red PSAR = A
Green PSAR = B
Red PSAR = C

This leg should range a bit before moving up.
코멘트:
The bitcoin hedge is real. Here's the comparison:

매매 수동청산:
not interested in hedging against BTC at the moment, due to strong price action.

will revisit this trade during the multi-month bear season

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