Bitcoin formed a bullish BAT | A good long opportunity by moon333

hive-167922 · @moon333 · Oct 16 '20

$0.70

Bitcoin formed a bullish BAT | A good long opportunity

Formation of BAT pattern:


![image.png](https://images.hive.blog/DQmTjMMam9wiWaL3KuWBHSNpAfYsLoqBz1wBtxVaUtnNRPN/image.png)


On short term 1-hour chart, the price action of Bitcoin has formed bullish harmonic BAT pattern and entered in potential reversal zone. Before this the priceline also has formed a Bullish Shark and BAT patterns. The price action of leading cryptocurrency also has good support of a trend line.

Buying And Sell Targets:

The buying and sell targets according to harmonic BAT pattern should be:

Buy between: $11329.36 to $11292.59
Sell between: $11419 to $11553.52

Stop Loss:
The potential reversal zone area that is up to $11292.59 or the trend line support can be used as stop loss in case of complete candle stick closes below this level.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 2.3% and as per the above-mentioned stop loss, the loss possibility is 0.32%.

👍 leo.voter, ctime, ezzy, nateaguila, exyle, piotrgrafik, emrebeyler, dcityrewards, alphacore, someguy123, gerber, hatoto, netaterra, engrave, themightyvolcano, dlike, accelerator, pladozero, daan, steem.leo, camuel, followjohngalt, dune69, nealmcspadden, steem.services, maxuve, maxuvd, freddio, mice-k, felander, hivecur, roleerob, mcoinz79, snoochieboochies, forykw, polish.hive, zainenn, platino94, dalz, privex, caladan, miketr, rollandthomas, purefood, mfblack, rehan12, chucknun, beta500, kggymlife, iansart, asteroids, dcooperation, apoloo1, botante, shimozurdo, swisswitness, cakemonster, curamax, leofinance, mapxv, creativeblue, papadimos, bestboom, berthold, and 40 others

`author`	moon333
`permlink`	bitcoin-formed-a-bullish-bat-or-a-good-long-opportunity
`category`	hive-167922
`json_metadata`	{"tags":["bitcoin","cryptocurrency","business","leofinance","trading","priceanalysis"],"image":["https://images.hive.blog/DQmTjMMam9wiWaL3KuWBHSNpAfYsLoqBz1wBtxVaUtnNRPN/image.png"],"app":"hiveblog/0.1","format":"markdown"}
`created`	2020-10-16 07:24:45
`last_update`	2020-10-16 07:24:45
`depth`	0
`children`	1
`last_payout`	2020-10-23 07:24:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.386 HBD
`curator_payout_value`	0.309 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	945
`author_reputation`	59,489,645,365,643
`root_title`	"Bitcoin formed a bullish BAT \| A good long opportunity"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	100,125,546
`net_rshares`	3,910,891,359,066
`author_curate_reward`	""

properties (23)vote details (104)

voter	rshares	pct
gerber	105,519,464,321	5%
daan	58,184,977,014	8%
ezzy	338,059,521,396	5%
exyle	205,371,605,960	5%
miketr	7,491,424,014	5%
bert0	2,111,593,483	0.4%
netaterra	91,554,583,467	4.5%
someguy123	125,152,005,559	5%
privex	9,523,650,623	10%
dune69	38,235,373,493	5%
iansart	5,634,714,521	3.1%
papadimos	2,669,750,083	21%
forykw	14,969,465,717	2.5%
rycharde	1,277,244,317	10%
alphacore	155,169,787,579	4.51%
apoloo1	4,518,962,570	20%
mcoinz79	19,499,691,621	1%
shitsignals	2,183,142,749	5%
felander	24,543,822,806	5%
rehan12	6,058,928,393	5%
accelerator	59,237,454,399	5%
roleerob	20,728,485,105	2.5%
caladan	8,687,884,215	4.75%
emrebeyler	162,186,734,352	5%
nealmcspadden	37,901,404,946	5%
piotrgrafik	163,722,461,908	40%
purefood	6,668,634,491	5%
investyourvote	2,014,491,099	6%
pkocjan	2,481,215,387	4%
ladysalsa	930,792,472	5%
jeronimorubio	2,015,647,525	1%
scottshots	2,466,189,587	4%
bestboom	2,588,366,401	5%
freddio	26,359,285,423	15%
gadrian	949,904,551	0.64%
themightyvolcano	66,802,528,979	5%
rollandthomas	6,796,633,207	2%
brainpod	610,396,590	25%
camuel	44,337,836,712	20%
trumpman2	2,180,454,533	21%
steem.services	37,345,426,488	1.25%
hatoto	95,406,219,370	30%
pladozero	59,041,911,498	10%
nateaguila	299,845,192,843	8%
swisswitness	3,239,382,241	5%
suonghuynh	1,273,965,623	3.7%
dalz	10,264,336,084	2.5%
zainenn	12,765,232,888	10%
dlike	60,751,984,553	5%
voxmortis	1,051,979,473	0.5%
dcooperation	4,764,663,145	1%
engrave	76,878,214,878	4%
bobby.madagascar	1,623,286,921	1.25%
oakshieldholding	0	10%
creativeblue	2,803,847,964	50%
ldp	760,304,249	5%
berthold	2,580,376,364	6%
priyanarc	847,636,437	0.2%
followjohngalt	38,313,019,387	5%
cakemonster	3,172,294,804	2.5%
permaculturedude	2,003,795,848	5%
ctime	440,861,609,562	2.5%
goodcontentbot	807,307,196	15%
limka	0	5%
kggymlife	5,641,526,130	20%
engrsayful	1,041,389,463	1%
mfblack	6,094,599,645	4.75%
threejay	1,427,818,333	2.5%
sm-silva	538,929,599	2.5%
haxxdump	46,597,210	5%
firefuture	496,626,668	2.5%
egginc.org	522,542,837	100%
shimozurdo	3,820,751,772	5%
milu-the-dog	2,496,115,642	5%
triplea.bot	1,814,555,659	5%
steem.leo	51,341,552,274	5%
abh12345.leo	0	2%
leo.voter	497,108,698,158	2%
asteroids	5,526,360,598	4.5%
mapxv	2,825,155,007	29%
botante	4,384,040,067	1.25%
beta500	5,740,282,963	5%
maxuvd	27,559,717,483	6%
maxuve	35,194,330,961	6%
oelgniksivart	723,313,335	21%
gerbo	9,808,013	5%
javb	565,008,453	20%
snoochieboochies	15,046,597,558	21%
empoderat.leo	429,112,258	21%
ribary	1,632,904,595	2.5%
mice-k	25,249,003,462	5%
platino94	11,664,180,995	21%
curamax	3,084,410,239	5%
dpend.active	931,091,303	1%
leofinance	3,070,691,274	2%
polish.hive	14,278,238,597	5%
dcityrewards	156,534,400,967	5%
zemiatin1	531,983,234	50%
adamsidney	18,742,871	8%
hivecur	21,671,023,915	5%
tinycurator	1,493,825,117	5%
discohedge	644,092,891	2.5%
leoneil.leo	0	2%
chucknun	5,892,840,136	2%

`author`	article.colector
`permlink`	qiaa6m
`category`	hive-167922
`json_metadata`	{"image":["https://images.hive.blog/DQmcNKC8xqMcr5A6khkEcAozK3yssJEGxu5S3qRUAjo51Xi/ratt.jpg"],"app":"hiveblog/0.1"}
`created`	2020-10-16 07:30:27
`last_update`	2020-10-16 07:30:27
`depth`	1
`children`	0
`last_payout`	2020-10-23 07:30:27
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	94
`author_reputation`	4,163,918,744,113
`root_title`	"Bitcoin formed a bullish BAT \| A good long opportunity"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	100,125,589
`net_rshares`	0