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BAT - Breakdown of daily channel
BATUSDT Perpetual Contract
Short
BAT - Breakdown of daily channel
By emobe
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Updated
Mar 9, 2023
5
Cheer
Cheer
Mar 2, 2023
BAT has been in a channel for ~45 days with a few attempts to break out to the upside but were pushed down by sellers.
On the 12H we can see it broke down out of the channel, retested and had a bearish candle after retesting.
I'm going to be opening a short with a TP at the golden fib line.
Mar 3, 2023
Trade active
Rug was pulled quicker than I expected. The short is looking good so far.
Mar 5, 2023
Comment
Moved my S/L to the swing high on the 6H
Mar 7, 2023
Comment
I had moved my S/L again and the price came close but hit another resistance point but we're still in the short!
Mar 9, 2023
Trade closed: target reached
Recent rug pull of BTC helped it but target has been reached!
batusd
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