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:
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.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.