While most altcoins broke its range lows and printed fresh lows following the October 10th liquidation flush, BAT held its ground and gained! This is a very bullish signal.
The weekly candle closed strong on increased volume, signaling quiet accumulation beneath the surface. No need to overcomplicate: this setup speaks for itself.
Minimal range target: 0.2786
Stop loss options:
Simple: use the weekly swing low
Advanced: refine on the daily TF for tighter SL and improved R:R
This structure offers a clean swing setup with asymmetric potential.
The weekly candle closed strong on increased volume, signaling quiet accumulation beneath the surface. No need to overcomplicate: this setup speaks for itself.
Minimal range target: 0.2786
Stop loss options:
Simple: use the weekly swing low
Advanced: refine on the daily TF for tighter SL and improved R:R
This structure offers a clean swing setup with asymmetric potential.
Trade active
Well that was quick. Could take Tp around the yearly pivot and bring stops up
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.