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RedAndBlue

BTC Bullish ABCD Pattern

Long
Bitcoin (BITMEX:XBTUSD.P)  
RedAndBlue Updated   
BITMEX:XBTUSD.P   Bitcoin
Support and Resistance AB=CD BTC BTCUSD
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supportandresistance abcdpattern btc btcusd
BTC Bullish ABCD Pattern, with target is previous peak at around 9.546.

Momentum indicator seems to favor the bullish momentum as well.
Comment:
In bigger view.

snapshot
Comment:
Previous comment should be : Target in bigger view.
Comment:
Comment:
Current price : 86xx.
According to volume profile, there should be heavy resistance (HVN) on 87xx.

snapshot
Comment:
We are on horizontal resistance now.

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Trade closed: target reached:
ABCD works.

snapshot
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