XBTUSD is shaping an AB = CD pattern
Watch these Resistance/Supports:
A=17K
B=42K
C=28K
D=53K
B(42k) is the 1st test,
if holds price will fall to C(28k)
if breaks B price will quickly spike to D(53k)
Watch these Resistance/Supports:
A=17K
B=42K
C=28K
D=53K
B(42k) is the 1st test,
if holds price will fall to C(28k)
if breaks B price will quickly spike to D(53k)
Comment:
B Level was broken wildy after Tesla News - 53k target on the way
Trade active
Trade active:
Back to long trend, 53k is on the way
Trade active:
Price climbs the CD leg
Trade active
Trade closed: target reached:
D=53k ..what after? Closing time