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Michael_Winner
May 23, 2022 3:44 PM

Possible Bitcoin ABC upward pullback to Resistance Level $35,000 Long

Bitcoin / United States DollarCoinbase

Description

Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.

Bitcoin draw first upward A impulse 12-15 May from 25,000$ to 31,000$
Correction wave B probably ended on May 20 and now price at the start of last upward impulse in C wave.
Or if we still trades in correction B wave price can continue some time trades in accumulation zone 29,000-31,000.
Our target is resistance level 35,000$ which also coincide with resistance line from previous local highs.

I expect this scenario, so be prepare for next movements and write in comments your opinion about this is true H&S pattern (from books) or not, I'm curious.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
Comments
Lingrid
The price is on the pretty strong support level and I also think it will go down!
Solldy
Great idea, first time I've seen it, but I've seen some points in similar ideas. Making your charts reminds me of something. I wonder if you take cluster analysis into account when writing your idea.
Artem_Dishel
Seems likely
Serana2324
Thanks for sharing
SwallowPremium
Great, thanks!!
yonsfx
Appreciate it Michael
raxaxaid
Resistance level is 33K
KlejdiCuni
Great as usual. Thanks so much.
Gunslinger2005
knife catchers R us
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