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

Short-term minor retracement likely before continuation.

See my previous posting ( inverse head & shoulders target ):

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
  

Yorum:

PRISM Oscillators Set Analysis:

Yorum:

Update:
AB=CD drawn between candle bodies (light-blue line):