BAT Coin, Napping before Long flight

in batcoin •  6 years ago 

Screenshot.png
Daily
Looking at our higher timeframe we see an impulse leg towards 0.00004500. Look left, structure leaves clues, support found. Resistance found @ 0.00005000. Higher lows being formed. Momentum heavily favored towards the upside, an ideal entry would be a daily close above 0.00005000.

4Hour
Shifting over to our pattern timeframe we can see resistance @ 0.0004950.
Price not showing signs of slowing down, a 4hour close above 0.0005000 triggers trade.

Hourly
Finally looking at our trigger timeframe we clearly see the higher lows formed and resistance @ 0.0004950. Price looking short term bearish . Waiting for a break and close above 0.0005000 for a long entry.

Target 1: 0.0007000
Target 2: 0.0010000
Target 3: 0.0015000

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This was posted also on our Tradingview Profile >> https://www.tradingview.com/chart/BATBTC/QcXz3YVR-BAT-Napping-before-Long-flight/

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BATBasic Attention Token0.435$1.03%61.33%
BTCBitcoin8929.920$0.81%11.3%
ETHEthereum642.779$1.91%26.77%