Btcusdt market update

Hey guys, from our last update where we talk about potential Bullish BAT pattern, if you closely looking at the market preferably 15minutes to 1hour time frame you will see price touch the top level of our resistance and begin to drop as predicted.

Moreover, my update this time around spotted two(2) more additional pattern that probably will counter the BAT view.

First price make a potential Bullish Pennant with target pointed to 14k zone.

Secondly, we can say we have potential AB=CD with target pointing towards 13,600$.

Trade Plan:
Keep close eyes on the proposed immediate Buy zone and follow price action from there with very tight stop loss because any break of price from the zone will trigger complete BAT move that will take us down to around 9780$-10000$.

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Thank you

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Trade active:

if the above Buy zone failed, we should expect this type of move down down and down.

Typical BAT formation

Comment:

Here is my Bullish Pennant view. if you guys look at it closely, you all will agree with me its a must to have tight stop loss should incase it break down.

Trade active:

This is last but not the least AB=CD harmonic pattern. Here also it gave us good room to input tight stop loss.

Kindly manage your trade well and always take caution.

Trade active:

Hello guys just as expected, we have the Bullish Pennant holding with price nearly breakout from the pattern.

All we need to do now is to watch the breakout direction if we break up just buy the pull back and if you are on long already keep holding your trade with respect to our immediate support zone.

Comment:

Looking at daily timeframe we can see all is set for good move on the upside.

Trade active:

Nice breakout

Trade active:

The breakout was nailed here guys check this update out.

Trade closed: target reached:

Two of our target is achieved

Trade active:

Price approaching AB=CD target