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VasilyTrader
Jun 8, 2021 12:05 PM

Bitcoin Cash (BCHUSD): Harmonic Bat Pattern Spotted Long

Bitcoin Cash / United States DollarCoinbase

Description



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
altcoinnerd
what do you think of this bounce? do you think it will last or just another fake out before break down?
SignalProvider
thanks for sharing
where is your target bro?
StevesTradingV
Interesting opinion, well done mate ;)
VasilyTrader
@StevesTradingV, thanks a lot bro!!!
altcoinnerd
@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
UnitedSignals
Nice idea bro!
VasilyTrader
@UnitedSignals, thank you buddy :)
lanehammet22
Absolutely. Very old long term support between 435-470. Should be a decent bounce from those levels
VasilyTrader
@lanehamm2, thank you for comment my friend!
VasilyTrader
Will you trade this pattern?
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