Chibuike_Odoh

BAT/USDT { BASIC ATTENTION TOKEN } - BULLISH SETUP

Long
BINANCE:BATUSDT   Basic Attention Token / TetherUS
ANALYSIS 🔎
- BAT/USDT is consolidating in a symmetrical triangle pattern .
- There's a breakout potential.

BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.

BULLISH CONFIRMATION ✅
- Breakout above the horizontal resistance level (@0.7841).

TARGETS 🎯
- Horizontal resistance level (@1.0035).
- Horizontal resistance level (@1.6498).
- Fibonacci extension level 1.0 (@2.3921).

SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support and horizontal support level (@0.5778).

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