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Bitcoin
Long

Bitcoin Ready to Fly! Harmonic ABCD Pattern

55
  1. Bitcoin is currently active in the trading market, forming a harmonic ABCD pattern.
  2. Price has retraced around 30% to a key Fibonacci level.
  3. This zone may act as a potential reversal area if buyers hold the level.
  4. RSI shows bullish divergence, indicating weakening bearish momentum.
  5. Risk–Reward Ratio (RRR): 1:2

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Also on:
Bitcoin (Cryptocurrency)BTCUSDBTCUSDTBTCUSDTPERPChart PatternscryptosHarmonic PatternsTechnical Indicators

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.
Bitcoin (Cryptocurrency)BTCUSDBTCUSDTBTCUSDTPERPChart PatternscryptosHarmonic PatternsTechnical Indicators
snail_steps
Also on:

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.