BAT is looking quite interesting now against BTC. The pair I'm looking at is on Binance.
As you can see on the daily chart, the coin is now on critical horizontal resistance, which if surpassed will open the door for the next stage to the last reached high from February.
The downside reversal was exhausted after BAT found stability at a previously solid horizontal support line (red line), so today it breaks out of the downtrend.
Let's see how the current setup evolves and good luck in trading.
Cheers,
Comment
⋅
OK the first target reached, now let's see if we will see a short pullback in a continuation effort or a direct extension to the upper resistance