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Bitcoin (BTC:USD) AB=CD eventual long-term target

Di cybernetwork
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Short-term minor retracement likely before continuation.

See my previous posting ( inverse head & shoulders target ):
Inverse Head and Shoulder superimposed over an upward trend..


Loads of bullish accumulation price behavior leading up..

PRISM Oscillators Analysis (see chart below):
  • Stochs(pRSI) in overbought state.
  • Snap osc in the negative (pink), which is pulling Acceleration/Jerk ribbon down, which will in turn pull momentum down in the short term.
  • Acceleration slowing down on the 4hrly
Nota
PRISM Oscillators Set Analysis:
istantanea
Nota
Update:
AB=CD drawn between candle bodies (light-blue line):
istantanea
AB=CDichicloudTechnical IndicatorslividitiumTrend Analysis
cybernetwork

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