BTCUSDT Just completed Bullish Bat Completion. Long shadow bullish candle spotted and it also coincides with AB = CD move.
Opportunity for re-entry if price comes into the box again. To look out for its candle closing and also RSI divergence for a possible Double Bottom before going for a long.
Trading against the trend and TP1 at about 1:1 Risk-Reward. Higher TP level can consider 3770.
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Opportunity for re-entry if price comes into the box again. To look out for its candle closing and also RSI divergence for a possible Double Bottom before going for a long.
Trading against the trend and TP1 at about 1:1 Risk-Reward. Higher TP level can consider 3770.
Do like, share and follow me for more analysis like this.
Trade closed: target reached
Achieved TP1.
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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.