Hello There.
I am self-learning to analyze charts, and I want some feedback.
Looking at the weekly chart of BTCUSD I found the ABCD Bullish Pattern, I am not sure if I spotted it correctly, but there is a breakout exactly at point D, and now the pivot C is working as a resistance.
Looking also at the MACD it has a good weekly trend and it might break pivot C.
I will be happy to read your feedback.
I am not an analyst, and this is not in any way a financial advice.
I am self-learning to analyze charts, and I want some feedback.
Looking at the weekly chart of BTCUSD I found the ABCD Bullish Pattern, I am not sure if I spotted it correctly, but there is a breakout exactly at point D, and now the pivot C is working as a resistance.
Looking also at the MACD it has a good weekly trend and it might break pivot C.
I will be happy to read your feedback.
I am not an analyst, and this is not in any way a financial advice.