Igor-Silva

BAT/USD - There Are No Mistakes, Only Opportunities!

BINANCE:BATUSDT   Basic Attention Token / TetherUS
Hi, today we are going to talk about the Basic Attention Token (BAT).

At the BAT we observe at the chart the effect of the listing announcement at the Kraken exchange (recently highlighted at the media for the massive OTC volume), with the breaking of a Downtrend Line on the 4H timeframe chart. However, the price found a second and stronger Downtrend Line above, that made the price flinch. The first and overcome Downtrend Line works now as a support for the price, and the second one as resistance, on this zone of swing we might have good possibilities of trades.

* Trade and Funding will be available on Kraken, at 13:30 UTC on August 22.

Thank you for reading and leave your comments if you like.

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