Basic Attention Token (BAT) Bullish Div, good time to trade.
Updated
This time we have a very good looking chart on Bat. Coinbase rumors and the strong price action over the last 6 months has proven that this coin has a lot of support. Also, this is one of the two coins I hold long term.
Right now we have a bull divergence on the 4 hour and the 1 hour, and currently we have found support. This is an ideal trade with a 3:1 risk/reward ratio. The tight stop loss is under the long term trendline. When TRX broke this trendline, it went straight down. BAT is hovering on it right now.
Buy in:
4220
Sell target:
4600
Stop loss:
4100
Thanks for viewing! Please leave any comments in the box below.
Right now we have a bull divergence on the 4 hour and the 1 hour, and currently we have found support. This is an ideal trade with a 3:1 risk/reward ratio. The tight stop loss is under the long term trendline. When TRX broke this trendline, it went straight down. BAT is hovering on it right now.
Buy in:
4220
Sell target:
4600
Stop loss:
4100
Thanks for viewing! Please leave any comments in the box below.
Trade closed: stop reached
Stop loss hit. Bots moved position into btc.Trade active
Ascending triangle perhaps we might have a breakout. Not a reliable pattern though.
Note
I'm already in this trade. If you have any interest you can message me and ill share the link with you. Short term trades that I do almost daily don't really deserve to clog up tradingview since people can't act on it.Note
Already up 2%, could be another 2% inbound. Looks promising.
Note
I closed at 4100. Guy sold 24k of bat at once and triggered stop limits.
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