TheCryptoHedgers

Ethereum Forming Bullish Pattern

Long
TheCryptoHedgers Mis à jour   
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Ethereum looking good for a long scalp trade.
Ethereum is forming Bullish Bat Harmonic Pattern and PRZ Zone is at Equal Lows and Weekly Demand Zone.
The Bat Pattern™, is a precise harmonic pattern™ discovered by Scott Carney in 2001
The pattern incorporates the 0.886 XA retracement, as the defining element in the Potential Reversal Zone (PRZ).
The B point retracement must be less than a 0.618, preferably a 0.50 or 0.382 of the XA leg. The Bat utilizes a minimum 1.618BC projection.
In addition, the AB=CD pattern™ within the Bat pattern™ is extended and usually requires a 1.27 AB=CD calculation. It is an incredibly accurate pattern and requires a smaller stop loss than most patterns.
Possible Targets are mentioned on the Chart.
Hit the Boost Button if you like my idea.
Trade fermée: cible de profit atteinte:
All targets were achieved :-)

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.