So my previous chart on BAT got invalidated due to lack of bearish momentum. So, i made a new analysis on BATBTC.
- As we see here, BAT broke out of the channel and flipped it to support.
- We can expect the price to go up to the 1.272-1.618 fibonacci extension. That would be our first take profit region.
- If the price extends beyond that point we can look to tak our next profit at 2.24 extension. All of which is marked in the chart.
Will update when required. Follow me for regular content on Crypto and Equity based charts.
-Kautilya.K
- As we see here, BAT broke out of the channel and flipped it to support.
- We can expect the price to go up to the 1.272-1.618 fibonacci extension. That would be our first take profit region.
- If the price extends beyond that point we can look to tak our next profit at 2.24 extension. All of which is marked in the chart.
Will update when required. Follow me for regular content on Crypto and Equity based charts.
-Kautilya.K
Trade closed: target reached
