Bitcoin Can Make 7.8% Bullish Move Within Next 48 Hours As It Is Forming Another Bullish BAT
In my previous idea we have seen that on 2 hour chart the Bitcoin was forming bullish Gartley then finally as per prediction the priceline entered in buying zone and after hitting the sell zone dropped down. **Before execution:**
**After execution:**
**Formation of new BAT pattern:** This time on short term 4 hour based chart the price action of BTC is forming bullish harmonic BAT pattern and soon it will be entered in potential reversal zone.
**Buying And Sell Targets:** The buying and sell targets according to harmonic BAT pattern should be: Buy between: $6853 to $6777 Sell between: $7034 to $7307 **Stop Loss:** The potential reversal zone area which is up to $6777 can be used as stop loss in case of complete candle sticks closes below this level. **Possible profit and loss ratio:** As per above targets this short term trading idea trade has the profit possibility of **7.8%** and as per stop loss the loss possibility is **1.1%**. **Note**: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
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