Hey traders, another altcoin chart today.
BAT has already touched the 3452 level that we want to exit at, meaning it'll hit it again.
2580 sats (white level) is a monthly support, and this dip below it isn't anything to worry about. Now is the time you should actually be buying, when there's fear in the market.
I don't usually use indicators, but moving averages help understand what position the market is swinging, especially the 100MA (red) and 200MA (white).
In this case, they've crossed for the first time since July and we're left with a potential 40% move.
Entry @ 2480 sats
Exit @ 3452 sats
Take note this is a swing trade and won't play out in 4 hours or a day. It might take a while, but it'll play out, be patient.
As always please do your own research, I am not a financial advisor.
BAT has already touched the 3452 level that we want to exit at, meaning it'll hit it again.
2580 sats (white level) is a monthly support, and this dip below it isn't anything to worry about. Now is the time you should actually be buying, when there's fear in the market.
I don't usually use indicators, but moving averages help understand what position the market is swinging, especially the 100MA (red) and 200MA (white).
In this case, they've crossed for the first time since July and we're left with a potential 40% move.
Entry @ 2480 sats
Exit @ 3452 sats
Take note this is a swing trade and won't play out in 4 hours or a day. It might take a while, but it'll play out, be patient.
As always please do your own research, I am not a financial advisor.