BATBTC: Potential Continuation. Alt Run XRP, ZRX correlation.
*Not financial advice*
Previous BAT posts below. Nothing much has changed for long term outlook. There does appear to be upside potentially in the near future due to:
-ZRX, ETH have already completed their double bottom patterns
-BAT AO (momentum) has been diverging for months.
-Volume has finally resurfaced from YTD lows.
-Currently at historic price range lows (check BAT/BTC 1W chart).
Definitely a stop loss trade to manage downside.
Previous BAT posts below. Nothing much has changed for long term outlook. There does appear to be upside potentially in the near future due to:
-ZRX, ETH have already completed their double bottom patterns
-BAT AO (momentum) has been diverging for months.
-Volume has finally resurfaced from YTD lows.
-Currently at historic price range lows (check BAT/BTC 1W chart).
Definitely a stop loss trade to manage downside.
Nota
If it seems more unlikely this entry won't be possible, slow scaling in could maybe catch a small gain here. Be cautious!
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Penafian
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.