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mooncatcherpro
Apr 19, 2018 3:18 PM

BATBTC (Volume Analysis Prediction 4/19/2018) Long

Basic Attention Token / BitcoinBinance

Description

Ticker: BATBTC
Exchange: BINANCE
Signal: short-term @Long

The price consolidates after the uptrend

Trading idea:
BAT does not move synchronously with the market, Consolidation after the upward movement - is normal
This suggests that the fair price (which suits both sellers and buyers) is now in this range
And depending on who "wins", buyers or sellers, we will see further movement
I propose to work according to the rule - "the trend is your friend"
Buying at the bottom of the consolidation boundary, a good opportunity to get a long position with minimal risk

Entry point: 0432
Stop: 04246
Target1: 0448
Target2: 04633

Trade closed: target reached

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