$BAT - Giant Triangle, ready to run.
$BAT is currently making a very large triangle and so far has respected these trend lines.
It touched support at about 3420 before bouncing.
At current prices, this will give about 50% gains to the top of the triangle.
Also, the Stoch is extremely oversold and starting to curve.
This is a trade I am entering with a Stop-loss below the Yellow Support line.
With this coin also being a contender of Coinbase and a working product, it is very strong in FA as well and may get boosted up out of the Triangle with bullish news.
It touched support at about 3420 before bouncing.
At current prices, this will give about 50% gains to the top of the triangle.
Also, the Stoch is extremely oversold and starting to curve.
This is a trade I am entering with a Stop-loss below the Yellow Support line.
With this coin also being a contender of Coinbase and a working product, it is very strong in FA as well and may get boosted up out of the Triangle with bullish news.