Bitcoin
Short

$BTCUSD - Perfect bearish bat to watch

686
Hi guys! ๐Ÿ‘‹๐Ÿป

๐Ÿ”” There is a Bearish Bat pattern being formed on a 4H chart of Bitcoin.

๐Ÿ”” Do not use this setup to trade, I'm not a professional harmonic pattern trader. Just want to test this idea.

๐Ÿ”” I still am bullish on Bitcoin and the impulse of February 1 is yet to complete, although going long at this level is pretty risky. Waiting for a signal.

๐Ÿ”” At the level where Bitcoin is I believe it should correct a little bit before the next impulse.

โœŠ๐Ÿป Good luck with your trades! โœŠ๐Ÿป
If you like the idea hit the ๐Ÿ‘๐Ÿป button, follow me for more ideas.

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.