BTCUSD forming a bullish BAT | A good long opportunityAfter forming a bullish Shark pattern the priceline of Bitcoin / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have set my buying zone from 0.618 to 0.886 Fibonacci how ever for more profit you can try to buy from 0.786 to 0.886 Fibonacci.
Buy between: 8027.01 to 7807.79
Sell between: 8084.15 to 8376.43
Regards,
Atif Akbar (moon333)
Bitcoinusdollards
Let me buy BTC plzHere we go. Looking for longs here.
I have three entries.
1. H&S on daily RSI, meaning a bearish trend for short term
2. 120 MA soon being tested & will support the trend
3. Top Bollinger band too close from the candles
==> Looking for a long at the three green lines. All the scenario is visible in the chart :)