Chart Patterns & Algorithmic Trader (Jan. 28, '20) (26)
$BRTI (Bitcoin) Cup & Handle Pattern
s
CME CF Bitcoin Real-Time Idx ($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
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