Just dipping my toes back into the charting waters, this time I'm in for the long haul and setting up to stream!
Was just perusing the crypto screener here on TV and saw BATUSD @ the top of the strong buy ranking. Figured I'd check the chart and see if I wanted to dip back in... think I'll be putting in some limit orders and waiting for some sheeple to cash out for the tax man and pick it up on the cheap.
تعليق
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تعليق
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Pattern invalidated by breakout, shouold be heading back to test the high.
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...maybe
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Pretty steep correction still possible... if it gets rejected @ the .768 fib, look out below! :)
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Looks to me like a classic batman forming... aka head & shoulders! Bearish MA crossing and failed to crack the 50D. I'll buy after the the big dip!
@lazytrade (Copy from your comment above:) Pattern invalidated by breakout, shouold be heading back to test the high. Do you mean to test the high of the left shoulder, or the head?
lazytrade
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@lillychiu, I'd say a high degree of probability that it will bounce off the .768 fib, head back down to re-test the neckline.. we'll see. Pattern isn't quite invalidated, just the way I drew it. :) I'm not holding BAT, but if it dips hard then I will get in.
lazytrade
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I was just dickin' around w/this one.. looked like a pretty obvious pattern in the making, obviously it broke out and negated this whole theory. @yasoing
yasoing
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wtf is this? why keep those pointless patterns as if you can see the future? fails %80 at the time.. Literally just rely on momentum indicators that is based on math..