BITCOIN HARMONIC BAT PATTERN (LONGTERM BULLISH)

Morning Traders,

an updated version of my previous chart with some minor corrections.


Goodluck and trade safe!

-Toaby

Komen:

I did buy in on this massive run we had and exited. This scenario can still play out! we may have created a bear trap , or it could keep going UP . either way we're making money.

Safe trading.

Komen:

We were unsuccessful in breaking 8700 on Coinbase , so price looks like it will move down. Look for STRONG bounces on the 618 , 5 , and 386 . if not , we will try for a double bottom.

Good luck and trade safe!

Komen:

Missed the marker with the run up we had , but my stance still stands ; we might test the lows again. If we manage to pull a higher low on the daily chart then i am CONFIDENT we found the bottom. If not look for a double bottom or a lower low .

Komen:

If we cant hold the 618 im gonna bounce out and see where this thing ends up .

Reason i think we're not going for a double bottom anymore and setting a new higher low.

- This sell of is pretty well contained (so far) , and not not falling off too rapidly .

- Its built up a lot supports on the way up from this move.

-fundamentals
- I think the accumulation faze is over and most people are convinced we have have found a bottom on this last sell off.