Bitbloxx

BAT - Triangle Breakout on the cards

Long
Bitbloxx Updated   
BINANCE:BATUSDT   Basic Attention Token / TetherUS
As BTC crosses over a tough resistance dating back to July 2019 and Dominance charts skyrocketing, we believe its time to place our bets on the Alts market as it attempts to catch up.

BAT/USDT has formed a triangle pattern with a breakout on the cards any time now. With a risk to reward ratio of over 5.5, we feel this setup must be traded.

We advise accumulation between the triangle, with exact Stop and Target levels defined on the chart.
Trade closed: target reached

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