VasilyTrader

Bitcoin Cash (BCHUSD): Harmonic Bat Pattern Spotted

Long
COINBASE:BCHUSD   Bitcoin Cash / U.S. Dollar

Potential harmonic bat pattern formation is spotted on BCHUSD 8H chart.
The completion point of the pattern lies within a strong demand zone 468 - 502.
From that zone, a pullback will be expected.

Closest levels for goals:
613
715

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Comment: Check my new analysis on GBPUSD, USDJPY, AUDUSD, S&P500:

Comments

what do you think of this bounce? do you think it will last or just another fake out before break down?
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thanks for sharing
where is your target bro?
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Interesting opinion, well done mate ;)
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VasilyTrader StevesTradingV
@StevesTradingV, thanks a lot bro!!!
Reply
altcoinnerd StevesTradingV
@StevesTradingV, i think it could go that far down as well - my trading buddy charted out the same chart with out me showing him this one - but looks like today we have a pump up due to China banning bitcoin mining again and no one caring about them any more
Reply
Nice idea bro!
Reply
VasilyTrader UnitedSignals
@UnitedSignals, thank you buddy :)
Reply
Absolutely. Very old long term support between 435-470. Should be a decent bounce from those levels
Reply
VasilyTrader lanehamm2
@lanehamm2, thank you for comment my friend!
Reply
Will you trade this pattern?
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