BTC Bearish Bat Harmonic

Aggiornato

We bounced nicely off the 1.618. Now found support at .886 and breaking .786. If we get above .618 I believe the bat plays out.

Commento

Forgot to mention 200 ema resistance now turned support and bullish divergence on the MACD

Commento

Back above channel and trend line. Next trendline may coincide with pattern completion on harmonic.

Commento

That's probably too soon though.

Commento

If we don't make it by 10pm est we have the trendline to push through.

Commento

And if that happens were above a month long trendline and that may be too bullish for the bat to work.

Commento

On second thought it could easily happen later then 10pm and still work. The trend line has only two tests and it could wick back down. I do't give much weight to the 10pm time limit.

Commento

.786 was a good spot for someone to tp

Commento

Broke the trendline now hit just under .886. Another good tp area.

Trade chiuso: obiettivo raggiunto

Pattern completed. With some bearish div on 1, 2, 3 and 4 hour MACD

Commento

1,2,4 rather. Not on the 3h

Commento

This indicator is showing bearish divergence on the 3h

Commento

Time for zzz

Commento

Possibly similar setup as before

navonods

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.