BAT is good to go Long 01/02/2021as we can see BAT had broken trough the its monthly resistance zone and had rechecked it back and now it can be counted as it current support
we have some good chance of longing it up to the Parallel leg level of Fibonacci Projection and on its MACD we could spot some Mild Hidden Divergence
please comment your opinions
Batsignals
$BAT - Breakout BeautyYes lads, posted this setup 2 days ago now and it did exactly what we were after,
Really nice technical setup, partnered with good press allowed it to break to the upside nicely and return good profits on longs
Where next?
Of course I would like to see it try and claim the 0.786 but the sell pressure just beneath indicated by bearish engulfing suggests to me that its most likely suitable to close positions
Im looking for it to start trading between these higher levels than the lower ones which we broke out from - fundamentally it is strong so would be good to see this reflect in the price, instead of it just dumping back down to where it came from
Quick side note: BTC does look ropes which will harm altcoins, as there is a higher level of panic in the market, and this is most likely the reason we haven't got to $0.37 yet!
BAT/BTC bull trapHello, traders.
Take a look, Leevan. BAT failed to stay above an important resistance level.
This trap could be bearish for that asset. I expect a sideways movement between the support and resistance level
This movement also can be a corrective wave 2 and is testing the Fibonacci levels
Best Regards.
BATUSD Buy Signal - 50% profit opportunityPattern: Channel Down on 1D.
Signal: Bullish towards a Lower High.
Target: 0.2800 - 0.30000.