Bitcoin formed a bullish BAT | A good long opportunity

Formation of BAT pattern:

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%.