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Bearish Bat

BAT correctionHey guys, This analysis will be about one of my favourite Long-term investment opportunity : The BAT Token As we can see,a well-respected triangle formation has been formed since December 2017. The overall trend is bullish,but at this moment,BAT is a little overbought. I am expecting to see a correction in the near future. How to trade: I believe that it is best to stay out of this token for the time being.If it drops back to 3.2k sats( as i sincerly expect),that would be the time to place a buy order,with a ''safety net'' at 2.8 k sats,in case things go south. Either way,keep an eye on BAT,as rumours have it,that Youtube will choose to implement this as a donation method,just as Twitch did in March 2018. None of this is trading advice,as it only represents my opinion on how things will evolve. If this has been helpful to you in any way,please feel free to drop some change in my piggy bank, or just leave me a review in the comment section.(It would mean the world for me ;) ) BTC: 1FT5eALCLpTKtQDiwQrEvuq51ScXJQqDEZ ETH: 0x3d2966f2cd842dd4c63cb42991d234b8f07e78b5 For any questions,leave a comment down below and i will answer as soon as i get to see it. Cheers!
Short
by The_Sparrow
AUDNZD - Short - Bearish BatBearish Bat setup with extremely tight PRZ. Looking for last week's close to act as tough resistance OBV in important resistance zone and RSI bouncing on resistance nicely. Both RSI and OBV bearish divergence on the 1D and bearish OBV divergence on the 1W. I often trade this pair based on whether AUD or NZD is stronger against the dollar and the Kiwi has opened the week with more strength. looking for shorts between 1.097-1.098. Already entered at 1.0965. SL above X (1.09925) 1.09 and below is my current target
Short
by actavis89
4
BTCUSD Long then short (maybe)Entered long at 5913 on bullish bat forming 2 days ago, now we have a kumo cross, TK cross, cloud breakout and RSI breakout all bullish. The OBV still cant get above the level that held as support since October 2017. Bearish Bat could possibly be forming as well after the next leg of this movement up. I am bullish up to 7.5k if RSI resistance can turn to support and we can break above the OBV level and see the bat fail. However volume is not exactly convincing and the precise levels on the bat harmonic means 6.7k is likely to be a very strong resistance. I am looking to add to my position at 6.3k where the cloud/daily open level can hold as support at what would be at the bottom of the flag. I would be stopped out of all long positions in profit below the weekly close level at 6.1k I want to short 6.7k or 7.5k. Nothing shows we will be breaking bearish market structure anytime soon
BITFINEX:BTCUSDLong
by actavis89
USDCAD SHORT OPPORTUNITY - BEARISH BAT HARMONIC PATTERNUSDCAD has been on a strong uptrend. The uptrend momentum is now cooling down and we expect a pullback . Previous weekly candle gives as a signal of a short term pullback. The formation of the bullish bat is also a strong indicator. entry = within the red zone stop loss = 1.3460 (just above the D - leg) target 1 = 1.2963 (38.2 % ) target 2 = 1.2689 (61.8%) For conservative traders. wait for a short signal on lower time-frames for entry.(a break of the trend-line in the hour time-frame) Goodluck
Short
by Forexmani
2