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Bitcone

BTCUSD BEARSH BAT PATTERN (1D)The Harmonic Bat is a variation to the Gartley pattern which was developed by Scott Carney. It is considered to be one of the more accurate patterns exhibiting a higher success rate than any other harmonic patterns . The bat pattern might look similar to a Gartley 222 Butterfly pattern but differs only minutely in terms of the Fibonacci ratios between the swing/ pivot points . *************************************************************************************************************************************************************************************************************** I opened a short deal and the SL will be a little bit above the X point. TP1 will be the 38% retracement of AD, TP2 will be the 61% retracement of AD. good luck)
BITSTAMP:BTCUSDShort
by Mazerozeox
Safer to long under $9910 and short over $10050For my own limits, 9900-10000 is a no trade zone because I have no directional bias to rely on in this area. I view under or right at the bottom of $9900 as a reliable support level and $10050 as resistance. Alternatively, 9947~ can be a area to scale in long as it is the 0.618 retrace point of the dump (10085-9730). $10000 is a psychological resistance and an area of liquidity that can be retested if the $9900 range is cleared. The blue boxes designate where I will scale in/out of position. It would be ideal to short anywhere above $9900 if you're bearish because of $10000 being a psychological level lost. If bitcoin doesn't recover, price will start to chop under for at least a few days (or years, who knows). I am currently bullish on the price of bitcoin for the end of this daily to close above $10000 but am expecting unexpected volatility. The fib retracement on the chart is from the 1 minute chart.
DERIBIT:BTCUSD.P
by NeoButane
3