Hello guys,
I think BATBTC is completing an interesting configuration: in fact if price is able to break steadily 0.000055/0.000056 (R1) area it can rise to 0.0000585 (R2) as first step and then to 0.000066 (R3).
I think is very interesting considering prices have been congesting for several months.
Volume is particularly high and this could favor the bullish vision.
Indicators, especially on daily basis, are supporting a possible rise.
Stop loss should be set under 0.000051
To sum up:
Buy if price breaks 0.000056 R1----> 0.0000585 R2----> 0.000066 R3
***This analysis is not a buy or sell advice, it is drawn up for educational purpose ony***
I think BATBTC is completing an interesting configuration: in fact if price is able to break steadily 0.000055/0.000056 (R1) area it can rise to 0.0000585 (R2) as first step and then to 0.000066 (R3).
I think is very interesting considering prices have been congesting for several months.
Volume is particularly high and this could favor the bullish vision.
Indicators, especially on daily basis, are supporting a possible rise.
Stop loss should be set under 0.000051
To sum up:
Buy if price breaks 0.000056 R1----> 0.0000585 R2----> 0.000066 R3
***This analysis is not a buy or sell advice, it is drawn up for educational purpose ony***