Powerful ABCD Pattern on BTCUSDT Daily Chart
Morning Folks,
as you can see on daily chart of BTCUSDT, we have a powerful ABCD Pattern which tells us that next target for bitcoin can be 53. this calculation is (B/A)*C = D and by this formula D =~ 53. but because of 50 level resistance we take 50 as high probability target.
as you can see on daily chart of BTCUSDT, we have a powerful ABCD Pattern which tells us that next target for bitcoin can be 53. this calculation is (B/A)*C = D and by this formula D =~ 53. but because of 50 level resistance we take 50 as high probability target.
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.