Back with another full Crypto Roller Coaster trade setup CT . As always take some time to LEAVE a LIKE and hit FOLLOW if you appreciate such analysis.
I believe BAT has been in a Higher Time frame consolidation which it's about to break. But the Mid term scenario already looks extremely bullish.
Targets as shown.
Cheers. Keep RIDING THE ROLLER COASTER.
Hey guys, I drew this up chart up 3 days prior to the formation panning out and thought I'd share this with you.
BAT forming the notorious W head and shoulders pattern or (left cup, hump in middle, right cup)
First Target - 0.26400
Second Target - 0.27400
Third Target - 0.29000
Final target - 0.31000
Leave a comment and let me know what you guys think :)
BAT/USD Binance. Time-frame 1 Day.
* Golden-Cross confirmed, with the 50-day MA moved above 200-day MA.
* Breakout neckline done that is validating the Adam & Eve pattern.
* Fibonacci retracement @38.20% passed - Next FIB target @61.8%.
* Target 1: +37,5% from buy entry.
Note: Learning TAs in order to improve my analyses, I will be glad to get any advise from...
Followup to my previous post showing the Massive Resistance at 27 cents (click).
As expected, we have a pullback from the first Strong Resistance zone.
The pullback thus far looks to have "Fib Legs" so it might continue further.
Plotted are some key levels to watch for further clues about bull strength.
The rejection was a classic "double top" pattern, usually...
Brave Browser is great, but BAT has been in the same levels for awhile, and for a Cryptocurrency, it's not has not been very volatile.
Currently we've had a slow rise to the upper resistance, though it's unlikely we break out of it immediately as it's been a strong level for over 2 years.
The likely scenario I see, depending on how Bitcoin performs, is some...
BAT is sizzling against a formidable resistance right now.
3 powerful Ratios from 3 different Fibs in tight confluence.
Above is another Triple Cluster with empty space between.
Break above 27 cents should run to high 30's pretty quickly.
But entire market looks due for a pullback so CAUTION.
Small dip before breach of ceiling is probably best case.
Follow up to...