Long
FCTBTC Bullish Bat Pattern/Break
-Crossing in the 7 day and 21 day moving averages show more downward move to the 77 day moving average. Breakout at point of cross over.
-Volume indicates decreasing selling support and accumulative kind of format.
-Expect a move down to 0.00583808 at which point trade should be active.
-1st target at 38.20 fib level
-2nd target at 61.80 fib level
-An aggressive stop loss at 1:1 of the 1st target.
Now lets watch and see. I would love to see your comments and thoughts bellow thanks.
P.S. Use information for educational purposes, as should not be seen as investment advise.
-Volume indicates decreasing selling support and accumulative kind of format.
-Expect a move down to 0.00583808 at which point trade should be active.
-1st target at 38.20 fib level
-2nd target at 61.80 fib level
-An aggressive stop loss at 1:1 of the 1st target.
Now lets watch and see. I would love to see your comments and thoughts bellow thanks.
P.S. Use information for educational purposes, as should not be seen as investment advise.
Note
Entry not achieved but first Target hit successfully. Bat Harmonic Pattern needs more work.Ordre annulé
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.
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.