BATBTC breaking out
Hi all,
BAT is breaking out now just as expected. The reversal to the upside was in the making ever after we surpassed the diagonal resistance. Now the BATBTC pair is going after our next target as marked on the chart. I would take out some profit once reached as a pullback is to be expected.
Cheers,
BAT is breaking out now just as expected. The reversal to the upside was in the making ever after we surpassed the diagonal resistance. Now the BATBTC pair is going after our next target as marked on the chart. I would take out some profit once reached as a pullback is to be expected.
Cheers,
Note
We witnessed a pullback right after hitting Target 2 on our chart. I hope you guys took some profit before the correction. I'll be looking for consolidation here as I don't expect a further decrease in the short-term. You can see how strong is the current area in terms of both horizontal support and EMA consolidationNote
Not a lot to add here, no changes in the setup since yesterday, I will be waiting for the current pattern to be formed before I decide but as mentioned - the horizontal support is quite heavy right now
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