SpartaBTC

BAT / BTC Fractal 2019. History repeats itself. Potential + 180%

SpartaBTC Updated   
POLONIEX:BATBTC   Basic Attention Token / Bitcoin
Copying. While there is a clear tracking of the fractal. Even the time frame is almost day to day.
Maybe this is specially done to deceive at the most crucial moment.
The price is now at the resistance line of the downward channel in increments of about 33%.

ENTRANCE
On a break of the downtrend line, or a rollback after the break, depending on your trading strategy.

Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the coin volatility))))
As history shows Stop Loss on this coin for losers. Stop Loss knocked out was -33%. And in most book traders put Stop Loss at 3-5%, well, the most aggressive at 8-10%. But still, those who are smarter know where the crowd puts Stop Loss. Why pull the crowd and give money? The crowd should buy only near the highs, or who does not dare to enter the market after knocking out Stop Loss, feels a sense of "lost profit", as on this coin. And to justify oneself is all manipulations, this is not an honest game, the book does not write to do so). In such a Stop Loss knockout, no Stop Loss size will help you ...
Therefore, the pump happened by + 180% from breaking through the downtrend line, and if we take into account the knockout of Stop Loss from the price to about + 210%. Growth was without passengers.

Therefore, I emphasize once again that it is not the Stop Loss size that matters, but the entry point!

TARGET
In cases of breaking a downward trend line and working out a fully fractal, the potential is about + 180%.
It is also worth noting that I showed the time frame of the price movement, but you need to understand that this is subjective, but with what the demon is not joking.

Pivot points (zones) I showed on the chart. All levels (price zones) on the chart.
Also, if the price does not break the downtrend line (resistance of the downtrend), then the possible work in this channel with a width of about 33%.
Work on the situation, depending on how the price responds to a particular level (zone).

Also, do not forget that the price is now flat at the bottom of the main horizontal channel of the trend.
BAT is at the bottom of its former channel Potential + 140% October 2019


The trading idea of this coin is to the dollar.
BAT / USD Formation of a symmetrical triangle. Potential + 310%

Comment:
Comment:
Comment:
BAT / BTC trading idea for local work.
There is a downward local channel whose resistance is broken.
The formed reversal pattern of a diamond is similarly broken through.
There is a breakdown of the ascending triangle and a retest of its mirror level.

If the price manages to consolidate, the local uptrend will continue.
If the trend develops, lateral movement will continue to form in the horizontal channel indicated on the chart with support in the region of 0.00002 satoshi.
Comment:
+ 13.14%
The uptrend after the rollback, from the specified zone of the uptrend line continues .............

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