BTCUSD ABCD Bullish Pattern
Hello There.
I am self-learning to analyze charts, and I want some feedback.
Looking at the weekly chart of BTCUSD I found the ABCD Bullish Pattern, I am not sure if I spotted it correctly, but there is a breakout exactly at point D, and now the pivot C is working as a resistance.
Looking also at the MACD it has a good weekly trend and it might break pivot C.
I will be happy to read your feedback.
I am not an analyst, and this is not in any way a financial advice.
I am self-learning to analyze charts, and I want some feedback.
Looking at the weekly chart of BTCUSD I found the ABCD Bullish Pattern, I am not sure if I spotted it correctly, but there is a breakout exactly at point D, and now the pivot C is working as a resistance.
Looking also at the MACD it has a good weekly trend and it might break pivot C.
I will be happy to read your feedback.
I am not an analyst, and this is not in any way a financial advice.
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.