#BTC Cup handle bullish structure
2024-11-03

📊#BTC Cup handle bullish structure📈

🧠From a structural perspective, we broke through the short defense point, which means that the short structure was destroyed. Without the short structure as an obstacle, it will be much easier for us to continue the bullish trend at the monthly level in the future. If we continue to adjust and accumulate strength, the structure may evolve into a bullish cup handle structure.

➡️This time we challenged the historical high and failed with a gap of $156. Combined with the international situation, the Fed's interest rate cuts, and the uncertainties of the US election vote have led most assets to choose a wait-and-see attitude.

➡️Although the market is gradually cooling down, we don't need to be too discouraged. A healthy correction is conducive to a better rise in the future.

Let’s see 👀

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  BINANCE:BTCUSDT  