BAT-BTC

See chart for targets. RRR 3.

Comment:

Target 3 out of 5 reached. This level will likely act as resistance as we consolidate. Let's see if we push higher. I am taking partial profits.

We are still 45% from all time high seen in mid 2016. If we hit this target then I will look for further trades in BAT.

Comment:

I have cleaned up the chart below (removing the fib lines and replacing with red target lines). After hitting the 3 targets shown above the price fell back, I believe largely due to the general market sentiment for Alt coins. Many people are now calling the bottom for Alts generally. Will we finally see BAT recovering its gains?

Looking at the daily we had a good start to the day today (based on news from BAT - www.cnet.com/uk/news...ve-browser-payments/) but bears are fighting to push it back. We have seen a couple of candles try to break the downtrend (blue) but failed to close above. I will be looking for today's candle (or upcoming ones) to close above this to confirm a breakout and reversal of trend.

I will be looking to rebuy more if price drops down to the .00002665 level, but I don't think this will happen.

Order cancelled:

BAT rose after the strong news on the 1st March but has since fallen back below my original buy level. I am cancelling this trade to work up a new setup.