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FCTBTC Bullish Bat Pattern/Break
-Crossing in the 7 day and 21 day moving averages show more downward move to the 77 day moving average. Breakout at point of cross over.
-Volume indicates decreasing selling support and accumulative kind of format.
-Expect a move down to 0.00583808 at which point trade should be active.
-1st target at 38.20 fib level
-2nd target at 61.80 fib level
-An aggressive stop loss at 1:1 of the 1st target.
Now lets watch and see. I would love to see your comments and thoughts bellow thanks.
P.S. Use information for educational purposes, as should not be seen as investment advise.
-Volume indicates decreasing selling support and accumulative kind of format.
-Expect a move down to 0.00583808 at which point trade should be active.
-1st target at 38.20 fib level
-2nd target at 61.80 fib level
-An aggressive stop loss at 1:1 of the 1st target.
Now lets watch and see. I would love to see your comments and thoughts bellow thanks.
P.S. Use information for educational purposes, as should not be seen as investment advise.
Nota
Entry not achieved but first Target hit successfully. Bat Harmonic Pattern needs more work.Ordem cancelada
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.