Hi guys, welcome to my analysis of
BATBTC
! Looking at the 4 hr chart, I have drawn a long term Elliott Wave, indicating that
BATBTC
is on the 3rd wave. Since the beginning of April 2018,
BATBTC
has made about an 85% gain, and with a bull flag forming straight out of such a large gain, we can expect another very soon. We now see a bull flag forming straight out of a large increase and we see that the volume has decreased to practically nothing and once this bull flag is broken, a large increase in volume should follow. The 4 hour RSI has a support of 42 that has formed. I will be buying into
BATBTC
once the bull flag is 100% broken and will scrap this trade idea entirely if the price drops below .00004300. Thanks for viewing my analysis on
BATBTC
, please leave a like, comment, and follow if you found my analysis helpful, I would greatly appreciate it. Happy trading!
BATBTC
! Looking at the 4 hr chart, I have drawn a long term Elliott Wave, indicating that
BATBTC
is on the 3rd wave. Since the beginning of April 2018,
BATBTC
has made about an 85% gain, and with a bull flag forming straight out of such a large gain, we can expect another very soon. We now see a bull flag forming straight out of a large increase and we see that the volume has decreased to practically nothing and once this bull flag is broken, a large increase in volume should follow. The 4 hour RSI has a support of 42 that has formed. I will be buying into
BATBTC
once the bull flag is 100% broken and will scrap this trade idea entirely if the price drops below .00004300. Thanks for viewing my analysis on
BATBTC
, please leave a like, comment, and follow if you found my analysis helpful, I would greatly appreciate it. Happy trading!