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EthanTW
May 27, 2022 5:51 AM

BAT - selling timing Short

Basic Attention Token / TetherUSBinance

Description

BYBIT:BATUSDT
4H time frame
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BAT forms a double top on 4H time frame chart, it breaks out the neckline of the pattern now.
We can short it here, and trading strategy as below.
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Profit Targets:
a) 0.3376~0.3291-----Fib(1.272~1.382)
b) 0.3110-----Fib(1.618)

Stop losses:
a) 0.406
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