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)
Bitcoinusdollarsnews
Bitcoin Fork @ 1st of August (1 BTC = 1 BTC + 1 BCH)Dear fellow investors, let's say a company will pay divided and you have seen a health regression trend right before the split; what do you expect next? 1st of August is the day for a bitcoin fork. Eventually, we will have BTC (XBT) and Bitcoin Cash (BCH). Clients holding Bitcoin (XBT) at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH). Therefore, is it not natural to see a short potential here? :) Good luck all.