Basic Attention Token (BAT) Am I brave enough to buy?
The price is forming a reversing pattern: Double bottom.
The close above the neckline already happened and we are actually retesting it. So this is a formidable buy opportunity.
The close above the neckline already happened and we are actually retesting it. So this is a formidable buy opportunity.
Comment:
Trade active:
Support 0.1845
Stop loss 0.1784 (-2% loss) it is equivalent of a daily close below the 20EMA which would invalidate the trade.
First confirmation closes above 0.1883 check.
Second confirmation close above 0.2083
Target 1: 0.2041
Target 2 :0.2453
Note that the path is full of resistances.
Have a good day.
Support 0.1845
Stop loss 0.1784 (-2% loss) it is equivalent of a daily close below the 20EMA which would invalidate the trade.
First confirmation closes above 0.1883 check.
Second confirmation close above 0.2083
Target 1: 0.2041
Target 2 :0.2453
Note that the path is full of resistances.
Have a good day.
Trade active:
Target 1 reach.
Trade active:
Nothing change except that the market is depressed and the last daily close was below the 20 day EMA.
The price is still above an importante support line but a close below that will jeopardize the trade.
Nothing change except that the market is depressed and the last daily close was below the 20 day EMA.
The price is still above an importante support line but a close below that will jeopardize the trade.
Trade closed: stop reached