Bullish ABCD pattern preceding bullish 61.8% retracement in price and time appearing on the daily charts of Bitcoin.
Entry: 0.618 plotted on chart
Protective Stops: 0.786 plotted on chart
Target: -0.27 plotted on chart (reverse 1.27)
If the market reaches the 0.786 level, another opportunity to buy is presented around $33k with protective stops at the lows of $31k.
Good luck to everyone trading Bitcoin!
Entry: 0.618 plotted on chart
Protective Stops: 0.786 plotted on chart
Target: -0.27 plotted on chart (reverse 1.27)
If the market reaches the 0.786 level, another opportunity to buy is presented around $33k with protective stops at the lows of $31k.
Good luck to everyone trading Bitcoin!
Trade closed: stop reached:
Stopped out at 61.8%
Trade active:
Re-enter at 0.786
Trade closed: stop reached
