BAT - The FRACTAL No One Talks About💥
Hi Traders, Investors and Speculators of the Charts 📈📉
For the longer term, Basic Attention Token BATUSDT is another altcoin I am extremely bullish on - and it's currently trading in an ideal accumulation zone ! What I expect for BAT is similar to a scenario that played out in November 2020 - April 2021. Notice that this occurs over a longer period, where the price of BAT went from $0.16c parabolic to $1.64 at its highest point. Therefore, the price must first fall lower towards the bottom of the support zone where there is a large demand zone . In other words, DOWN first, then UP.
And remember.. Don't be a Bob-Trader:
The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this:
🤩 Bitcoin goes UP ... Bob Fomo buys the rally
🤔 Bitcoin corrects ... Bob panics and sells
🤑 Altcoin rallies ... Bob thinks, screw BTC , I'm going all in on this altcoin
😨 Altcoins correct ... Bob panics. Altcoins are scams! Sells everything
🤩 Bitcoin goes up .... Bob Fomo buys the rally
Moral of the story...Don't be like Bob. Don't try to FOMO in whilst the price is going up. Plan your trade, preset your TP and SL.
While you're here 👀 Check out this idea on Bitcoin:
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We thank you for your support !
CryptoCheck
For the longer term, Basic Attention Token BATUSDT is another altcoin I am extremely bullish on - and it's currently trading in an ideal accumulation zone ! What I expect for BAT is similar to a scenario that played out in November 2020 - April 2021. Notice that this occurs over a longer period, where the price of BAT went from $0.16c parabolic to $1.64 at its highest point. Therefore, the price must first fall lower towards the bottom of the support zone where there is a large demand zone . In other words, DOWN first, then UP.
And remember.. Don't be a Bob-Trader:
The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this:
🤩 Bitcoin goes UP ... Bob Fomo buys the rally
🤔 Bitcoin corrects ... Bob panics and sells
🤑 Altcoin rallies ... Bob thinks, screw BTC , I'm going all in on this altcoin
😨 Altcoins correct ... Bob panics. Altcoins are scams! Sells everything
🤩 Bitcoin goes up .... Bob Fomo buys the rally
Moral of the story...Don't be like Bob. Don't try to FOMO in whilst the price is going up. Plan your trade, preset your TP and SL.
While you're here 👀 Check out this idea on Bitcoin:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Trade active:
🎯This BATUSDT fractal playing out excellent; up 20% so far
Comment:
BATUSDT Looking ready to go parabolic
Comment:
