🔥 BAT Potential Third Wave Incoming: Fibonacci Analysis
BAT has seen a massive >130% move over the last few days. However, BAT has been bleeding value since hitting the top around $1.46.
The Fibonacci retracement tool is a great tool to scout potential areas of reversal. For BAT, I'm looking at the pink Reversal Zone for a potential bounce.
The bounce can take us either towards the local top, or can stop somewhere in the middle to form a triangle pattern of some sort. I'm looking at the area between $1.25 and $1.40 for an exit.
Happy trading!
The Fibonacci retracement tool is a great tool to scout potential areas of reversal. For BAT, I'm looking at the pink Reversal Zone for a potential bounce.
The bounce can take us either towards the local top, or can stop somewhere in the middle to form a triangle pattern of some sort. I'm looking at the area between $1.25 and $1.40 for an exit.
Happy trading!
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🔥Premium Signals: fierytrading.com
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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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.