BAT huge bearish divergence

Hello everyone,

As lot of indicators is painting bearish divergence on BAT ETH pair

I´ve took a look at BAT USD pair as well and I think its about to test 0.23 USD and I´m expecting ETH to go up so this seems logical

Lets revisit this chart later and see how it played out :)
Wish you nice day and good luck



** Trade on your own risk **

Trade closed: target reached:

Target reached 25-35%

Might retrace here a bit then I´m expecting further drop

Comment:

Now up then further down expected. Part of A-B-C correction on 2D chart should be H&S pattern forming

Comment:

Trade closed: target reached:

Might go bit higher, but I´m taking some profit here. I´m fine with 10% for 80% of the bag and rest 20% I will keep selling on the way to 0.0014+

Trade closed: target reached:

Ok as I sold 0.001275 and reloaded at 0.00115 with target of right shoulder 0.0014 which we just hit so I´m leaving BAT now until it drops down to the H&S target

Comment:

BTW Bear divergence is allready forming on low timeframes


Im expecting full retrace so this is where I will be looking for rebuy

Trade active:

Hitting our BUY zone and forming a bull div on 4h chart and 1D in undersold area