BAT is located at the bottom of the horizontal channel. Likely movement. coinmarketcap.com/currencies/basic-attention-token/ BAT is located at the bottom of the horizontal channel. Likely movement depicted on the chart. Very profitable and simple coin to trade.
Short in the last trading idea reached its goal.
I trade coins from time to time for more than a year. Here at tradingview, the first idea for it was in November 2018.
But remember, on the crypto market, anything can happen. An example of a MANA coin where a horizontal channel has been struck against the expectations of the crowd for more than a year. Therefore, trade according to the plan, but always have a backup plan.
And then a new temporary horizontal channel was formed which was very profitable and existed for about 1 month.
Order cancelled
Trade active
Something has formed like a double bottom. If the current level is held, then the possible movement to resistance is + 34%
Trade closed: target reached
the price made according to the plan + 30% Further observation of how the level will break through and whether there will be a consolidation
Trade closed: target reached
+ 57% of the purchase area when working out the "double bottom"
Trade active
Note
BAT / BTC Made + 76% since updating the idea on the coin The coin safely returned to its previous channel. The price has fixed inside the channel. Trading inside the channel. All goals on the chart.
Note
there is a cup (saucer, rounded bottom) can draw a cup with a pen. The coin went back to the previous channel. It is very important or channel support is maintained during retest (red zone)
Note
+23% from the cup breakout level +110 % from the initial entrance
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