BitcoinLong
BTCUSD Bullish Bat
Currently have a bullish bat harmonic in play. To complete the pattern price will need to find resistance around 8427
(AB 0.886 fib) and then retrace down to the $7350 area (XA 0.886 fib) which would be the entry spot for a long. Price target 1 at B $7859, target 2 at C $8400, target 3 at A $8500, final target $8930 (AB 1.618). Enjoy.
(AB 0.886 fib) and then retrace down to the $7350 area (XA 0.886 fib) which would be the entry spot for a long. Price target 1 at B $7859, target 2 at C $8400, target 3 at A $8500, final target $8930 (AB 1.618). Enjoy.
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.