Hi
After a good rally and the appropriate correction BAT seems once again on the right track to greatness. Meaning a new weekly uptrend.
On the daily time frame the coin has close above all daily EMA with a rising RSI and Stochastic.
The risk reward ratio is good. If the price remains above the 200 daily EMA (in blue) and the support line (0.214$) we can trade a retest off the resistance line (0.278$) for a quick scalp.
Disclaimer: This is not financial advice as I’m not a financial adviser. Everyone is wise to manage their own risk properly when considering any trading decision or activities.
After a good rally and the appropriate correction BAT seems once again on the right track to greatness. Meaning a new weekly uptrend.
On the daily time frame the coin has close above all daily EMA with a rising RSI and Stochastic.
The risk reward ratio is good. If the price remains above the 200 daily EMA (in blue) and the support line (0.214$) we can trade a retest off the resistance line (0.278$) for a quick scalp.
Disclaimer: This is not financial advice as I’m not a financial adviser. Everyone is wise to manage their own risk properly when considering any trading decision or activities.
تم فتح الصفقة
On a weekly time frame there is a possibility for a "Double bottom"
But for now it is only speculation.
تم فتح الصفقة
look like a breakout.
I will wait for a weekly close before drawing new targets.
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.