BULLISH Bat Opportunity [ETH/BTC]
Harmonics
Here we see a bullish bat with near perfect retracement leg values.
X --> B, 0.382-0.5
A --> C, 0.382 0.886
B --> D, 1.618 - 2.618
X --> D, Approximately 0.886
True.
Log Chart
Also there is a long-term trendline tap on the log chart. Expected bounce.
Two nice confirmations here, targets = slightly under the fib retracement values.
Thank you for reading, Xander.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Here we see a bullish bat with near perfect retracement leg values.
X --> B, 0.382-0.5
A --> C, 0.382 0.886
B --> D, 1.618 - 2.618
X --> D, Approximately 0.886
True.
Log Chart
Also there is a long-term trendline tap on the log chart. Expected bounce.
Two nice confirmations here, targets = slightly under the fib retracement values.
Thank you for reading, Xander.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
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.