BATBTC Fib retracement
Updated
The price broke through Fib 0.786 Resistance level and managed to consolidate. Up from this moment there are 2 possible scenarios:
1. The price can go straight up to the 1st target which is drawn at the chart
2. The price will breakdown the support of Fib level and will head to the next major support level which is located at the parallel projection of the upper edge of price fluctuations.
Stop loss is drawn at the chart if it is triggered then we should wait till it reaches the mentioned support and rebuy again, the target will be the same
1. The price can go straight up to the 1st target which is drawn at the chart
2. The price will breakdown the support of Fib level and will head to the next major support level which is located at the parallel projection of the upper edge of price fluctuations.
Stop loss is drawn at the chart if it is triggered then we should wait till it reaches the mentioned support and rebuy again, the target will be the same
Trade closed: target reached
The price has reached our Free target. BAT highest price after our signal was 0.0000255 and 3 ot of 4 targets in the Premium channel were reached. The position is closed.Profit in the Premium channel: 12%
Profit in the Basic channel: 6%
Trade closed: target reached
All targets in the Premium are reached Profit: 14.5%
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