Hello, dear traders welcome you to this BAT/BTC 1DAY chart analysis. I have tried my best to bring the best possible outcome in this chart. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can see at the above mentioned chart that BAT was trading inside the triangle pattern and broke below the lower trend line towards the lower strong support zone just line in scenario 1.
In scenario 1 BAT bounced right from the support zone and the pump was almost 220% from the lower support level.
In current scenario BAT/BTC again trading at the green support zone here, I am expecting a bounce towards the lower trend line and break this triangle pattern and retest.
Which will be confirmation too go long for gaining almost 220%. We can also long some amount to buy the dip. Candle close below this lower red support will be the closing point for this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
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