Get started
Bitcoin
Long

BTC 240 Retest MA 20 ABC move

By betsy-ann
Updated
BTC break down of support line is now forming a potential bull flag. We could retest the MA20 in an ABC move upward. The next couple of days will give us more confirmation on the pattern and move.
Note
We could go upward to the 12,500 level and back down to 9330 levels before a major move upward.
Note
If we break the 9330 level before the move we could also break the 12,500 and head for the 5th wave up to 14,800 level
BTCUSDTechnical IndicatorsTrend Analysis
betsy-ann
Also on:

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.