Ali_Amini

Bat pattern formation in BTC 1h chart

Ali_Amini Aggiornato   
BINANCE:BTCUSDT   Bitcoin / TetherUS
I can see the formation of a bat pattern in the 1h time frame of BTC-USDT. If such a pattern is indeed completed, we should see an upward movement towards the ceiling of the channel that I have mentioned about in my previous analysis. In the case, you fancy to trade such a set-up, pay attention that:

1- This is a low probability setup.
2- Do check so that momentum is giving you a long signal as well.
3- wait for the SOR candle formation and confirmation.

P.S. this is not trading advice.

Cheers,
Ali
Commento:
Bullish cypher pattern:

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