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FieryTrading
Jan 23, 2021 11:54 AM

BAT/BTC Bullish Price Action Spotted Long

Basic Attention Token / BitcoinBinance

Description

BAT/BTC has seen some very strong price action in the last two days, increasing almost 40% in value.

Most of the time, candles like these indicate a strong shift in trend, to the bullish side in this case. Seeing that there's a lot more money flowing into X/BTC pairs currently, I think we will see much more of this coin in the near future.

I've marked two areas of resistance on the chart, R1 and R2. Do your own DD.

Happy trading!
Comments
ProjectSyndicate
yeah for sure BAT gaining fast last few days, let's see if this will last.
keep in mind that it faded 3 times already previously.
FieryTrading
@ProjectSyndicate you're right. price action seems strong enough to keep us going for a few days.
zepptto
100 day MA tho
FieryTrading
@zepptto, Agreed, its a resistance. Im confident it won't hold tho.
TheSignalyst
this one is on fire!
FieryTrading
@TheSignalyst, Im sure it will🚀🚀
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