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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BATUSDT forming a M pattern
A good down move can be seen in this crypto
Enter after breakout or re-test.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take...
Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BAT/USDT breaks out an ascending triangle pattern and already retested it on the...
As you can see in the chart we have reached to a key area which has acted as support and resistance multiple times in both daily and weekly timeframe , having a look at price action in lower timeframes we see the price losing momentum, as well as obvious divergence in RSI which is giving us lower highs.
Other than the reasons above the price is almost hitting top...
preconditions:
- second accumulation
- key level
- waiting for a correction
- global uptrend
- local uptrend
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2 very nice patterns : showing a decisive point.
A Gartley with targets at 0.55 and 0.45
and
A bull flag with a target for the pole at exactly 161.8 Fibonacci level
For the bullish scenario, it has som important resistances to break tho with a bounce on 78.6%. Going for a retest ?
Interestingly, a strong sign would be a nice coup and handle pattern to form, which...
Rsi 12H hard bullish supported by next Rsi 24 Hours bullish after 12H, Now uptrend, Strong ema 200 resistance in 0.2$, i will try to keep you updated, good luck
