IT'S TIME TO GET A BAG OF BATS
Updated
Dear Traders,
As you can see in the RSI BAT is oversold in the weekly time frame.
Looking at the chart we can identify that price structure has also formed a falling wedge.
If we look at fibbonaccis we can see that BAT could have found support @ 1.618 fib level.
If we look at BAT in the |DAILY TIMEFRAME|, MACD already signals a bullish cross.
I expect alts to try something while bitcoin rests for a while.
Targets:
Stop-Loss:
I know that SL is a bit extreme but at this levels it's better not to sell until we break previous minimum prices.
I wish you the best of luck!
As you can see in the RSI BAT is oversold in the weekly time frame.
Looking at the chart we can identify that price structure has also formed a falling wedge.
If we look at fibbonaccis we can see that BAT could have found support @ 1.618 fib level.
If we look at BAT in the |DAILY TIMEFRAME|, MACD already signals a bullish cross.
I expect alts to try something while bitcoin rests for a while.
Targets:
- TP1: 0.00001569 Satoshis
- TP2: 0.00002000 Satoshis
Stop-Loss:
- SL: 0.00000575
I know that SL is a bit extreme but at this levels it's better not to sell until we break previous minimum prices.
I wish you the best of luck!
Trade active
Here we go!Trade closed manually
Accumulating some satoshis in BTC
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