Hello, dear TradingView members. This idea is a BAT analysis.
BAT made a 10% ascending move today, and now it's facing the resistance level for the 4th. Time. This resistance level is again rejecting the price, but it's not as powerful as the previous times.
Scenario One: The price will pass the resistance level and, after confirmation, reach the potential target as shown in the chart.
Scenario Two: The price will be rejected by the horizontal resistance level and fall on the support zone.
The Speedometer indicator shows Buy volumes on the market for BAT on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions; I will be more than happy to help.