BATUSDT Local S/R| Swing High| .382 Fibonacci| Price Action
Evening Traders,
Todays analysis – BATUSDT- trading at a kay trade location where further upside is probable,
Points to consider,
- Price Action Impulsive
- Local S/R support
(.382 Fibonacci Confluence)
- Swing High Objective
- Volume Influx
BATUSDT’s immediate price action is impulsive, trading a at key trade location that has technical confluence with the .382 Fibonacci, allowing for a long bias.
The immediate objective is Swing High, exceeding this level will increase the probability of a trend continuation.
The current volume is an influx node, follow through in important for a continuation bull trend.
Overall, in my opinion, BATUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee
Todays analysis – BATUSDT- trading at a kay trade location where further upside is probable,
Points to consider,
- Price Action Impulsive
- Local S/R support
(.382 Fibonacci Confluence)
- Swing High Objective
- Volume Influx
BATUSDT’s immediate price action is impulsive, trading a at key trade location that has technical confluence with the .382 Fibonacci, allowing for a long bias.
The immediate objective is Swing High, exceeding this level will increase the probability of a trend continuation.
The current volume is an influx node, follow through in important for a continuation bull trend.
Overall, in my opinion, BATUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee