BTC AB=CD Bear - Target 2826
AB=CD pattern satisfied @ 8011 (Leg C)
Leg D target 2826 (current)
Leg D target range if 9101 met or exceeded = 2650 range
Study nullified if origination price 10491 exceeded
Leg D target 2826 (current)
Leg D target range if 9101 met or exceeded = 2650 range
Study nullified if origination price 10491 exceeded
Note
BTC either exceeds 10,491 or corrects downward back to 2016 levelsThis is a valid pattern but is negated when 10,491 exceeded.
Lets hope so.
New target resides below $700.
Prices and value history
Date USD : 1 BTC
May–June 2016 $450–$750
July–September 2016 $600–$630
October–November 2016 $600–$780
January 2017 $800–$1,150
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.