Bitcoin Cash Is Forming Bullish BAT For Upto 24% Profit Soon
Bitcoin Cash Is Forming Bullish BAT For Upto 24% Profit Soon

By moon333 | moon333 | 26 Mar 2020


Formation of harmonic bullish BAT pattern:

The Bitcoin Cash with Bitcoin pair is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone to give chance to earn more gains.

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Let’s dig the pattern deeper to see how perfect it has been formed.

After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area now the last leg (C to D) should be retraced between 0.786 to 0.886 Fibonacci level.

 Buying And Sell Targets:

The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be:

Buy between: 0.0296 to 0.0286

 

Sell between: 0.0320 to 0.0356

 So this short term 12 hour chart based idea has capacity to produce upto 24% profit.

 

Stop Loss:

The potential reversal zone area that is up to 0.028646 sats can be used as stop loss in case of complete candle stick opens and closes below this level.

 

Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.


moon333
moon333

Hi, My name is Atif Akbar and I am trading charts author of all kind of assets


moon333
moon333

Hi my name is Atif Akbar and I am one of the top 3 authors of cryptocurrency trading charts as per tradingveiw I publish there with my username moon333 to verify you can visit: https://www.tradingview.com/markets/cryptocurrencies/ideas/ I also publish the charts of different other assets like forex, commodities, CFDs Stocks e.t.c. Here you will find perfect predictions on different trading assets.

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