Good one to cacth the reversal. Notice the volume is rising which means people are sharing the same thought. Whales wanted t pick it up earlier but could't fight the TA. So it might still fall to 3900-3800. After that the chart will show the future. One of those possibilities is a good uptrend giving us 40-50% with a cmall chance of breakthought the channel and adding more profit. But I trade on smaller timeframes so I'm not looking for investent but rather a good coin for everyday scalping which BAT certainly is =)
Good luck with your trades! Always do your own analisys before buying.
Nota
If you are still with BAT just wait for the next BTC move. If it goes to 6650 BAT may also move up and break the huge downtrend line. That may eventually bring him to 3690 price. But the original parrallel channel was broken by BTC fall so I'm closing this review as it is no longer actual.
Nota
Ups, wrong chart =) that was the picture from BTC. Also usefull. But I reviewed my forecast in a more conservative way.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.