Chart Patterns & Algorithmic Trader (Aug. 24, '20) (28)
$BRTI (Bitcoin) Cup & Handle Pattern
s
CME CF Bitcoin Real-Time Idx ($BRTI) has formed a Cup and Handle pattern on its daily
chart and trading above the breakout level of $10514.77. C&H patterns are valid only
when price closes above the breakout level. A long trade is entered above the
breakout level with a stop placed below the lowest low of the mid cup $7208.10, and
the handle low $8907.20. Targets are placed at $13027.66, $14601.6 to $15712.6 and
17127.8.
www.surinotes.com