Bat pattern formation in BTC 1h chart
Updated
I can see the formation of a bat pattern in the 1h time frame of BTC-USDT. If such a pattern is indeed completed, we should see an upward movement towards the ceiling of the channel that I have mentioned about in my previous analysis. In the case, you fancy to trade such a set-up, pay attention that:
1- This is a low probability setup.
2- Do check so that momentum is giving you a long signal as well.
3- wait for the SOR candle formation and confirmation.
P.S. this is not trading advice.
Cheers,
Ali
1- This is a low probability setup.
2- Do check so that momentum is giving you a long signal as well.
3- wait for the SOR candle formation and confirmation.
P.S. this is not trading advice.
Cheers,
Ali
Comment
Bullish cypher pattern:
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