Moto_Trades

BTCUSD Bullish Bat

Long
BITFINEX:BTCUSD   Bitcoin
Currently have a bullish bat harmonic in play. To complete the pattern price will need to find resistance around 8427
(AB 0.886 fib) and then retrace down to the $7350 area (XA 0.886 fib) which would be the entry spot for a long. Price target 1 at B $7859, target 2 at C $8400, target 3 at A $8500, final target $8930 (AB 1.618). Enjoy.

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