Get started

Bat

LUNA Classic: Bullish Bat PCZ at Congestion ZoneLUNC was sent down to this support level after breaking through the B level of the Bullish Bat and confirming the breakdown with a Bearish 5-0, as seen here: Even as the rest of the market has risen, LUNC continued its downward path to the support zone, and now, just as the rest of the market looks like it wants to take a break, LUNC has finally settled down within the support zone and has formed two levels of MACD Bullish Divergence as the RSI went to the oversold zone. We might see LUNC do something that it has done in the past, which is to rally during a time of macro slowdown, as that's what the chart is implying right now.
Long
by RizeSenpai
1
Correlation Matters No More For the longest time, I've been saying that the correlations between the currency pairs have been weakened. Traders have asked me why I have NZDJPY and NZDUSD in my portfolio. Doesn't it move in the same direction? Over the years, these correlated pairs move pretty differently. And recently, the WTI and Gold have no longer moved in an inverse relationship. So yeah, I'm treating them as their own. Although both the 4-hourly and 1-hourly charts show buying opportunities through a potential Bullish Bat Pattern and a Bullish Shark Pattern, I'm more interested in waiting for a shorting opportunity on the 5-0 Pattern. What's your take on the NZDUSD?
Short
by RaynLim
Fantastic OpportunitiesAs the WTI or US Oil is on a sideway movement, it creates fantastic trading opportunities for counter-trend traders like myself. There are 2 approaches I'm looking at in the following week. A Bearish Gartley Pattern at X, a shorting opportunity on the 8-range bar chart, or a Bearish Bat Pattern on the 4-hourly chart. The important candlesticks confirmation on the Gartley Pattern at X requires the next candlestick to touch 71.47 before the pattern is valid; failure to do so, I'll be waiting for the Bearish Bat Pattern. Magic Candle has to appear at 72.94 for the Bat Pattern on the 4-hourly chart(right) to be valid. This is how trading should be. Plan your trade, and wait for candlestick pattern confirmation before engaging the trade. What's your trade plan for WTI?
TVC:USOILShort
by RaynLim
2
Binance Coin BNB - Going Bull - Last CrashBinance Coin doesn't seem to show the same Bearish patterns as the rest of the Cryptocurrencies. It appears that it's one step behind on the Bearish Stance. But can start flying now? YES! It met all the necessary requirements. However, if another last bear leg comes, it might as well catch up and reach the Demand Zone in a fast manner. I'm saying that because when this "thing" drops, it does massive candles. So, I'm taking my time with BNB . An awesome level would be $80 , a dream come true for every HODLer out there. Let me tell you why! Binance Coin ( BNB , BNBUSD , BNBUSDT , BNBBUSD ) Technical Analysis: * Elliott Wave Impulse: SuperCycle (a) (turquoise) * A-B-C Zig-Zag Correction: Cycle Degree (a-b-c (red)) * 88.6% Fibonacci Retracement * Harmonic Pattern: Bullish Bat * Bullish Divergence If that last bear comes, I will add some more to my portfolio. Moon was just a dream, Mars is a desire. The real destination: Interstellar. Stay strong my fellow HODLer. Richard, the Wave Jedi.
BLong
by Lionheart-EWA
2
Bitcoin will go DOWN by 🦇Bearish Bat Harmonic Pattern🦇(15-Min)Bitcoin is moving in ascending channel for a few hours⏰. Also, Bitcoin created the 🦇 Bearish Bat Harmonic Pattern 🦇 near the 🔴resistance zone($ 27,350-$ 27,260)🔴; the confirmation sign of the D point of the pattern can be the creation of the Shooting Star candlestick pattern above the ascending channel and near the resistance zone. I expect Bitcoin to start its downward trend again in the coming hours after breaking the lower line of ascending channel. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
35
The Ultimate Destruction of Ethereum NearsETH right now looks to have formed a Logscale Bearish Dragon on the Monthly and right now is showing Weakness at Resistance if it breaks down this Bearish Dragon we will see it come to the 0.618 Retrace below as a target one for the Bearish Dragon but this could also lead to a Log Scaled Bearish Bat Action Magnet Move down to the 0.886 Retrace. I believe Money will move out of ETH and into coins like Litecoin, RVN, HBAR, among a few others.
Short
by RizeSenpai
Combo Trade with RiskThis trading setup provides 1 of the Best Profit Factor. But because of how the candlesticks interact on the PRZ(rectangle box) it is also the most dangerous trading setup. On the 8-range bar chart, there's a Deep Gartley Pattern setup, and on the 4-hourly chart, a Bat Pattern setup. Both setups is now resting at X. If you are new to trading, avoid this trade. If you have not traded Oil before, reduce your position sizing by at least 5x. It is better to missed a trade than to enter a trade you shouldn't have.
TVC:USOILLong
by RaynLim