BAT growing wings!

23 apr 2018

Daily
Looking at our trend timeframe we see an impulse leg towards the upside from 0.00003000 up to 0.00004500. Stochastic RSI showing momentum heavy favored towards the upside. A close above 0.00005000 activates our trade.


4Hour
Shifting over to our pattern timeframe we can see resistance @ 0.0004950.
Higher lows being formed, and remaining inside ascending pennant pattern.
Price not showing signs of slowing down, a 4hour close above 0.0004950 triggers trade.


Hourly
Lastly looking at our trigger timeframe we get a better picture of our higher lows and resistance @ 0.0004950. Momentum short-term looking bearish. Waiting for a break and close above 0.0004950 for a long entry.

Target 1: 0.0007000
Target 2: 0.0010000
Target 3: HODL