🐳 $BAT 4-hour golden cross. Looking at it from a position-holding perspective:
The bearish momentum histogram has continued for 8 four-hour candles, meaning sellers have been in control during this period. Now selling pressure is starting to fade. Also, since the crossover is above the zero line, if the pullback sees enough turnover, buyers may find it easier to take control again.
How are you trading this?
#BAT
For reference only. Trade at your own risk.
The bearish momentum histogram has continued for 8 four-hour candles, meaning sellers have been in control during this period. Now selling pressure is starting to fade. Also, since the crossover is above the zero line, if the pullback sees enough turnover, buyers may find it easier to take control again.
How are you trading this?
#BAT
For reference only. Trade at your own risk.