WeyWang

Potentional U-turn zone on BTC, XABCD pattern

Short
BITFINEX:BTCUSD   Bitcoin
On the 4-hour timeframe, the potential formation is XABCD pattern, the main condition is that the CD comes to the level of 0.886 from the length of XA, which is the main element for determining the Potential U-Turn Zone. Just this level passes at the level of the lower border of a large triangle.
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