rajista

$btc #bat harmonic?

rajista Updated   
BITFINEX:BTCUSD   Bitcoin
$btc seems to be working on a bat harmonic pattern (ignoring the wick as its not present on other exchanges), also support seems to be holding around 6450 region. Two possibilities for the next move if the support doesn't break.
Comment:
Being rejected at the TP1 for the bat currently.
Comment:
Targets met for the bat, now i am looking at another pattern in development if we see signs of weakness and a break below the resistance block here.

Comment:
TP1 achieved.

Comment:
$btc consolidating around 0.618fib region, tp2 for the pattern. The green box is the next logical support that can hold, still region around 6250 a better buying opportunity imo, if we see some bullish developments there, to target 6450 and 6600 regions again.

Trade closed: target reached

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