BATUSDT Formed Falling Wedge Pattern!

2022年3月13日

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