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Forex Signal For BTC/USD: Cup and Handle Points to More Upside.

Forex Signal For BTC/USD: Cup and Handle Points to More Upside. Forex Signal For BTC/USD: Cup and Handle Points to More Upside.

Forex Signal For BTC/USD: Cup and Handle Points to More Upside.
Yazar: Ross Sutton

Yayınlanma: 17 Kasım 2021 14:03

Güncellenme: 14 Kasım 2024 12:13

Forex Signal For BTC/USD: Cup and Handle Points to More Upside.

  Forex Signal For BTC/USD: Cup and Handle Points to More Upside. There is a possibility that the pair may consolidate in this range in the next few days, followed by an uptrend.  

Bull Market Outlook

 
  • Set a buy-stop at 61,500 and a take profit at 63,000.
  • Add a stop-loss at 60,000.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Cup and Handle Points to More Upside.

 

Bear Market Outlook

 
  • Set a sell-stop at 59,500 and a take profit at 57,000.
  • Add a stop-loss at 62,500.
  The BTC/USD pair slumped below the key 60,000 support on Tuesday, as the strength of the US dollar accelerated as demand for Bitcoin dwindled. Other altcoins such as Ethereum, Ripple, and Cardano also crashed. This led to the total market cap of all cryptocurrencies tracked by CoinGecko dropping below $3 trillion.   btcusd-17112021  

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