Bitcoin / TetherUS
Long

BTCUSDT making a bullish bat pattern on the 1hr timeframe

181
BTCUSDT is making a bullish chart pattern on the 1 hour timeframe.
The target points for this setup are shown by the 0.382, 0.5, 0.618 fibonacci levels.
We get further confluence by the bullish RSI divergence as shown on the chart.

The stoploss for this setup is shown by the green ray.

Cheers.

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.