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Bitcoin
Long
Updated

BTC Bullish ABCD Pattern

112
BTC Bullish ABCD Pattern, with target is previous peak at around 9.546.

Momentum indicator seems to favor the bullish momentum as well.
Note
In bigger view.

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Note
Previous comment should be : Target in bigger view.
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Note
Current price : 86xx.
According to volume profile, there should be heavy resistance (HVN) on 87xx.

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Note
We are on horizontal resistance now.

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Trade closed: target reached
ABCD works.

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RedAndBlue
AB=CDBTCBTCUSDSupport and Resistance

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AB=CDBTCBTCUSDSupport and Resistance
RedAndBlue

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.