Straight out of an ABCD retracement.
Updated
ABCD pattern completed following last weeks selloff caused by Bitcoin's Correction. Im hoping for some short term Bullishness up towards the prior High, i think If bitcoin can hold stable and bounce around in a little range then alt coins could get a bit nice little boost, but im honestly an idiot so don't take this as advice, i could be entirely wrong.
Trade closed: target reached
Decided to close the trade as price reached the resistance level formed by the B point High.
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