After forming a bullish Shark pattern the priceline of Bitcoin / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have set my buying zone from 0.618 to 0.886 Fibonacci how ever for more profit you can try to...
Here we go. Looking for longs here.
I have three entries.
1. H&S on daily RSI, meaning a bearish trend for short term
2. 120 MA soon being tested & will support the trend
3. Top Bollinger band too close from the candles
==> Looking for a long at the three green lines. All the scenario is visible in the chart :)
