florasora

The Simplest Trades... Are the Best Ones

Long
florasora Updated   
BINANCE:BATBTC   Basic Attention Token / Bitcoin
LONG BATBTC on breakout. Simple. It's obvious just from a simple glance at the line graph of this chart. No candles needed.

A few months from now, when we're at peak bullrun and everything is exploding, you're going to be wishing that you had patterns like this to look at.
Out in blue-sky territory, there isn't that much to guide you in terms of when the blow-off top is coming. You will lose sleep. You will possibly get wrecked.

Here, take this hint while things are still simple. Accumulate now, or at least trade this breakout. Easy gains.

Purple lines = possible points of resistance. But be warned... there is virtually no volume at these points. BATBTC could explode far above these targets.
LONG and/or hold BAT, and live stress free this bullrun. That is my advice.

I am a financial advisor, but I am not YOUR financial advisor. Stay safe. Everyone has different goals and different mindsets. Do what suits you and your financial situation. And most importantly, have fun. It's a bull market. Gonna be pretty hard to lose unless you bet the house and the car on literal sh*tcoins. :)
Comment:
Pattern broke out in the opposite direction, idea invalidated! It figures that it'd take more conviction from the bulls to breakout above this huge Point of Control.

Point still stands though, it's probably a great time to be accumulating BAT right now. Definitely better than accumulating in May. Enjoy the gains!
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