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Trader-VincentH
Oct 14, 2017 2:25 PM

Bullish Bat for IOCBTC, Wait for confirmation Long

I/OCoin / BitcoinBittrex

Description

On daily chart, there is a forming bullish bat for IOCBTC at 0.0005 level, wait for the confirmation of D point as entry, since now MACD twists and losing direction, as well as weak candlestick which may breakout than pullback.

It's better to wait for a bullish engulfing to confirm a PRZ near D point. If the bat pattern becomes valid, see target at 0.0006 level near 55 MA.
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