There is a possibility for the beginning of an uptrend in BATUSD

BITFINEX:BATUSD   Basic Attention Token / Dollar
Technical analysis:
. BasicAttentionToken/ US Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.17400 to 0.14600). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.17400)
Ending of entry zone (0.14600)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
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thank you for sharing this Amazing content.
+3 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, You're welcome.
+2 Reply
I think I'm gonna trade this one,
+3 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Great! we are so happy you could find it useful.
+2 Reply
Nice TA. I agree with your idea about the beginning of an uptrend in BATUSD
+3 Reply
@fxniki, Thanks for sharing your idea about BATUSD.
+2 Reply
Great analysis so far, keep it up!
+2 Reply
ForecastCity Best_Forecast
@Best_Forecast, Thanks. sure. we will.
+1 Reply
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