BAT with explosive moves today! Here is my point of view
BAT/BTC, which is an amazing pair to trade, has very recently made some extremely bullish and wild moves. Keep an eye on the 30-min or 45-min MACD, and its quite possible that
instead of crossing bearish (Signal line down over MACD line), the lines, which are currently pinched closed, will open up again and it will take off and make another upward run.
What does it mean when the MACD line and the Signal line open up? This means the start of an increase in momentum.
Here is the chart, so I can show you what I'm describing:
instead of crossing bearish (Signal line down over MACD line), the lines, which are currently pinched closed, will open up again and it will take off and make another upward run.
What does it mean when the MACD line and the Signal line open up? This means the start of an increase in momentum.
Here is the chart, so I can show you what I'm describing:
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