BAT-BTC
BAT-BTC, on Daily Chart
What we got:
-parallel channel
-current price action is at the median line
2 Trading strategies:
1. Buy @ this level (with stop @-10%) and wait the the price to reach agian the top part of the channel
2. Wait and buy the retracement to the lower part of the channel, for more gains on long term (it can take up to 40 days to complete this retracement).
I will post an update for the 1st trade case.
What we got:
-parallel channel
-current price action is at the median line
2 Trading strategies:
1. Buy @ this level (with stop @-10%) and wait the the price to reach agian the top part of the channel
2. Wait and buy the retracement to the lower part of the channel, for more gains on long term (it can take up to 40 days to complete this retracement).
I will post an update for the 1st trade case.
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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.