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BQX/BTC ETHOS Potential Cup and Handle in Play?

The market is quite sensitive right now with BTC being indecisive. So this is a riskier trade that I would only take with small positions.
Ethos experienced quite a nice little surge this morning in case you missed it.
As you can see, a potential cup and handle may be forming with traditional formation signatures (high volume accumulation at the base and ends).
The handle 'may' be in play. Pay attention to whether or not it holds the trendline noted in purple.
Macd looks like it could possibly be prepping for the move.
Entry:
A break above 0.00001118
Tentative profit target:
0.00001285 (just so happens to be the next major area of resistance)
Happy trading!
Ethos experienced quite a nice little surge this morning in case you missed it.
As you can see, a potential cup and handle may be forming with traditional formation signatures (high volume accumulation at the base and ends).
The handle 'may' be in play. Pay attention to whether or not it holds the trendline noted in purple.
Macd looks like it could possibly be prepping for the move.
Entry:
A break above 0.00001118
Tentative profit target:
0.00001285 (just so happens to be the next major area of resistance)
Happy trading!
订单已取消
Sorry guys. Once again, BTC had different plans and sent the alts crashing. Be careful out there!免责声明
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。