If we can hit the PCZ of the Bearish Bat pattern, we may have a safe opportunity for a short position, but here's the kicker! We may have a bullish cypher pattern in the play following the Bearish Bat? So my speculation, we hit the PCZ of the Bearish Bat at around $12,700ish, sell off and then we potentially reenter with a long position with coinciding variables to back it up of course at the PCZ of the Bullish Cypher? :O. I will keep you guys updated of course, for now, you have your potential entries and stop loss for the Bearish Bat. Entries and Stop loss for the Bullish Cypher will be listed in the next BTC TA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.