6.50% Scalp With Great Risk Reward on BATBTC

Hi there, we can see two important patterns on BATBTC right now for the 15m.

1) There is a horizontal support zone around the 2150 level that just got confirmed by the most recent price action
2) A negative trendline is present indicating slowdown of growth.

We can use these opportunities to define our short scalp, which can only be executed on lower timeframes. The take profit should be placed below the negative trendline.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!


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