toaby

BITCOIN HARMONIC BAT PATTERN (LONGTERM BULLISH)

Short
toaby Mis à jour   
COINBASE:BTCUSD   Bitcoin
Morning Traders,

an updated version of my previous chart with some minor corrections.


Goodluck and trade safe!

-Toaby
Commentaire:
I did buy in on this massive run we had and exited. This scenario can still play out! we may have created a bear trap , or it could keep going UP . either way we're making money.

Safe trading.
Commentaire:
We were unsuccessful in breaking 8700 on Coinbase , so price looks like it will move down. Look for STRONG bounces on the 618 , 5 , and 386 . if not , we will try for a double bottom.

Good luck and trade safe!
Commentaire:
Missed the marker with the run up we had , but my stance still stands ; we might test the lows again. If we manage to pull a higher low on the daily chart then i am CONFIDENT we found the bottom. If not look for a double bottom or a lower low .
Commentaire:
If we cant hold the 618 im gonna bounce out and see where this thing ends up .

Reason i think we're not going for a double bottom anymore and setting a new higher low.

- This sell of is pretty well contained (so far) , and not not falling off too rapidly .

- Its built up a lot supports on the way up from this move.

-fundamentals
- I think the accumulation faze is over and most people are convinced we have have found a bottom on this last sell off.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.