jonathanvn

BAT in Symmetrical triangle, Could reach new ATH!

Long
KRAKEN:BATEUR   BAT / EUR
BAT is currently trading in a symmetrical triangle on Kraken which is very clear on 4H chart.
BAT recently followed other coins with an uptrend and BAT has alot of positive volume compared to negative volume .

13EMA is also very well tested. This is nice opportunity to trade with buying on support in the triangle.
If it breaks it's previous all time highs which is around €0,25 it could very well reach much higher.

Previous high was tested around 3 times but very weak.

What also is very clear to see it that it could be a double bottom pattern as seen on 1D and 1W chart.
Since it opened very recently before the first bottom it isn't a very secure and reliable pattern.
Comment: Triangle failed -> turned out to be bearish, might touch around 0.18EUR

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out