BAT Basic Attention Token, potential big gains
Basic Attention Token(BAT) caught my eye are being mentioned in a Facebook Group I'm a part of. After looking at the chart you can see some pretty common patterns.
It consistently dips down to its support area(Red colored area) before launching up to what I've marked as a sell or profit area(Green Area).
If looking to trade BAT, set a buy order in the support area for your entry and either monitor it until it's in a comfortable area for you to sell, or set a buy or mid to low range in the sell/profit area for some good gains.
We're looking at a 40% profit using this chart, with a 13% risk if you buy on the top line of the support area and choose to set up a stop loss on the bottom support line of the red box. I don't suggest using stop loss with crypto currency unless you are just day trading and looking for quick profits.
Good trading to you, and keep on eye on this chart, I know I will be.
It consistently dips down to its support area(Red colored area) before launching up to what I've marked as a sell or profit area(Green Area).
If looking to trade BAT, set a buy order in the support area for your entry and either monitor it until it's in a comfortable area for you to sell, or set a buy or mid to low range in the sell/profit area for some good gains.
We're looking at a 40% profit using this chart, with a 13% risk if you buy on the top line of the support area and choose to set up a stop loss on the bottom support line of the red box. I don't suggest using stop loss with crypto currency unless you are just day trading and looking for quick profits.
Good trading to you, and keep on eye on this chart, I know I will be.