Pattern: Bullish Harmonic Reversal – BAT Pattern
Bitcoin has completed a harmonic Bullish Bat Pattern, suggesting a potential upside reversal from the D point.
Current price: $107,186
The harmonic structure follows ideal ratios:
AB retraces 30.2% of XA
BC extends 118.1% of AB
CD completes near 88.6% of XA – confirming the Bat pattern
Trade Plan:
Many traders have already entered positions.
However, if price retraces to the $104k level, a re-entry opportunity exists with a stop loss around $100k—just below the D-point and strong support zone.
Targeting the yellow upward path, the structure supports a continuation toward new highs, possibly surpassing $115k–$120k, depending on momentum.
RSI (14):
RSI is currently 67.99, approaching overbought but still supportive of bullish continuation.
A recent bullish RSI divergence strengthens the reversal scenario.
Conclusion:
This harmonic Bat pattern suggests a strong bullish structure is forming. As long as price holds above the $100k zone, buyers may continue to dominate, with high probability setups forming for trend continuation.
Bitcoin has completed a harmonic Bullish Bat Pattern, suggesting a potential upside reversal from the D point.
Current price: $107,186
The harmonic structure follows ideal ratios:
AB retraces 30.2% of XA
BC extends 118.1% of AB
CD completes near 88.6% of XA – confirming the Bat pattern
Trade Plan:
Many traders have already entered positions.
However, if price retraces to the $104k level, a re-entry opportunity exists with a stop loss around $100k—just below the D-point and strong support zone.
Targeting the yellow upward path, the structure supports a continuation toward new highs, possibly surpassing $115k–$120k, depending on momentum.
RSI (14):
RSI is currently 67.99, approaching overbought but still supportive of bullish continuation.
A recent bullish RSI divergence strengthens the reversal scenario.
Conclusion:
This harmonic Bat pattern suggests a strong bullish structure is forming. As long as price holds above the $100k zone, buyers may continue to dominate, with high probability setups forming for trend continuation.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。