For the update I put in the ABCD pattern firstly made by cherif100 (link: tradingview.com/u/cherif100/ ) His ABCD pattern is being respected by BTC. The Bollinger Bands and StochRSI are showing bullish movement for BTC. Resistance lays around $6800 area. This current movement is only a wave to retest resistance, before BTC will be dropping down to around $5000 area !
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.