A possible profitable trade in BAT token: bullish ascending triangle pattern

By ModernEuler | Moderncrypto | 24 Jul 2019

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It seems that we have bottomed in BAT/BTc pair at 0.00002093 level with lots of resistance below. 

 

351665157-f393888de4630dc0cbcea86c607066a749423105ebadeae03d304397a02f8565.jpeg

In 4hour chart, we can easily see a "bullish ascending triangle pattern" which is a sign of f possible bullish rally.

351665157-5a546abb2949385ca8392a60214da70c96e4ac03383f6ec793f1074d01bfbee5.jpeg

As you see, price tried twice to go above 0.00002465 level with a higher lows.  Price is consolidating with rising lows and horizontal ceiling. 

A typical bullsih ascending triangle is given below. 

351665157-1728dae0cb65b5eb6148faf06f30c7458c58b68484b1c5f316a15b847c342fdc.jpeg

 

 

 

Thanks for reading. I hope you’ve found it helpful.

 

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ModernEuler
ModernEuler

A crypto fun, faucet, and bounty hunter Twitter: @cryprostream


Moderncrypto
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