BTC Bearish Bat Harmonic

9 ביולי 2021

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.

9 ביולי 2021

הערה

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

9 ביולי 2021

הערה

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

9 ביולי 2021

הערה

That's probably too soon though.

9 ביולי 2021

הערה

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

9 ביולי 2021

הערה

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

9 ביולי 2021

הערה

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.

10 ביולי 2021

הערה

.786 was a good spot for someone to tp

11 ביולי 2021

הערה

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

12 ביולי 2021

עסקה סגורה: היעד הושג

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

12 ביולי 2021

הערה

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

12 ביולי 2021

הערה

This indicator is showing bearish divergence on the 3h

12 ביולי 2021

הערה

Time for zzz

13 ביולי 2021

הערה

Possibly similar setup as before