[ BITSTAMP ] - Bullish Bat — Bitcoin / Dollar (BITSTAMP:BTCUSD) / 2014-07-30 — MagnusTradingGroup

TradingView

Go PRO

Long

Bitcoin / Dollar (BITSTAMP:BTCUSD)

BITSTAMP:BTCUSD Bitcoin / Dollar

Bullish Patterns Bat

bullish batpattern

D has to stay above X (554.45) for this bullish bat to be valid.
Potential reverals zone (PRZ) is therefore between the X level and
the required minimum retracement of 0.886 of XA.

First target: 604 but it should go higher after a 25% retracement

Related Ideas

about BTCUSD 11

do you believe we are still heading up to 640? bulls are not able to break past 600 been a week.
I believe we will retest 555 again. What do u think?

BitcoinGuru

more sideways seems likely. im experimenting with a little short atm but that's just me ^^

Intriguing how accurate this played out :O

Anne24

indeed

great job and you were indeed right! so 604 is the first target where I will probably sell and rebuy on the retracement (lower) than not sure if we can reach 640 but I guess will see

Does the cross above D make it a buy signal now?

MoonTrader

it was a buy signal already when we started bouncing in the PRZ (potential reversal zone)
as of now, I'd let it settle down a bit and rebuy at 581-578

how about my bearish bats? :P

So D is below X on market-leading exchanges, what now?

HerSerenity

crash

Community & Tools

House Rules Moderators People Chat Stock Screener Forex Signal Finder Economic Calendar AppStore

For Business

Website & Broker Solutions Widgets Charting Library Trading Terminal Brokerage Integration Advertising Referral Program Content Streams & RSS

Support

Status Page Blog Feature Request Help & Wiki FAQ Contacts

About

How It Works Features Compare Plans Press Terms of Use Risk Warning Privacy Policy Cookies Policy

Made with

From the creators of MultiCharts

Select market data provided by ICE Data services