$BAT Daily Chart - Coinbase
BAT has broke out of the $0.23 previous high very strongly.
It is now starting to pull back after reaching a high near $0.31.
A great buying opportunity would be at around the $0.23 area. This area is a VERY strong support level since it coincides with the following:
1) Previous breakout level (which now turns into support).
2) The uptrend support (if it dips there before 7-April-2019).
3) The 61.8% Fibonacci level.
I expect this support level to hold. As always, a stop loss shall be placed. The stop loss should be at $0.215 (<7%).
It is now starting to pull back after reaching a high near $0.31.
A great buying opportunity would be at around the $0.23 area. This area is a VERY strong support level since it coincides with the following:
1) Previous breakout level (which now turns into support).
2) The uptrend support (if it dips there before 7-April-2019).
3) The 61.8% Fibonacci level.
I expect this support level to hold. As always, a stop loss shall be placed. The stop loss should be at $0.215 (<7%).
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.