peebz

WAITING FOR A BAT BREAKOUT

Long
peebz Updated   
BINANCE:BATBTC   Basic Attention Token / Bitcoin
Bat is in a similar situation to Ven. Moved out of descending channel, forming an ascending triangle. Break out of volume will confirm. A little over sold near term but on the 1D there is a lot of room to go up.
Comment:
so volume came in but there was a massive rejection after the breakout which is slightly concerning but I still think it will continue up. Smells like manipulation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.