BATUSDT Formed Falling Wedge Pattern!
BATUSDT Technical Analysis update
BATUSDT formed a falling wedge pattern in the day chart, if the daily candle closes above the resistance line, we can confirm the breakout.
In the above chart, Bullish RSI Divergence occurs when Price makes a lower low but RSI makes a higher low. One goes down, the other goes up! It shows that sellers are easing up. and also rsi trend line breakout in daily RSI chart.
BATUSDT currently trading at $0.7220
Swing trade setup
Long Entry: Above 0.730 (only buy if the daily candle closes above the resistance line)
Stop loss : $0.60
Target 1 : $0.820
Target 2 : $0.960
Target 3 : $1.100
Max leverage :1x or spot buy
Thanks
Hexa
BATUSDT formed a falling wedge pattern in the day chart, if the daily candle closes above the resistance line, we can confirm the breakout.
In the above chart, Bullish RSI Divergence occurs when Price makes a lower low but RSI makes a higher low. One goes down, the other goes up! It shows that sellers are easing up. and also rsi trend line breakout in daily RSI chart.
BATUSDT currently trading at $0.7220
Swing trade setup
Long Entry: Above 0.730 (only buy if the daily candle closes above the resistance line)
Stop loss : $0.60
Target 1 : $0.820
Target 2 : $0.960
Target 3 : $1.100
Max leverage :1x or spot buy
Thanks
Hexa
