Formation of bullish BAT:
This time short term 2 hour chart the price action of Bitcoin is forming bullish harmonic BAT pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $6416 to $6305
Sell between: $6679 to $7073
Stop Loss:
The potential reversal zone area which is up to $6305 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
This time short term 2 hour chart the price action of Bitcoin is forming bullish harmonic BAT pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $6416 to $6305
Sell between: $6679 to $7073
Stop Loss:
The potential reversal zone area which is up to $6305 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
