BATUSDT - Intraday - We look to Sell at 0.895 (stop at 0.961)
Daily signals are mildly bearish.
Bespoke resistance is located at 0.900.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 0.711 and 0.651
Resistance: 0.850 / 0.900 / 0.920
Support: 0.800 / 0.750 / 0.700
On daily chart, the price action of Basic Attention Token has formed Gartley pattern and reached in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Gartley pattern should be:
Potential reversal or buying zone: $ 0.2184 to $ 0.1994
Fibonacci projection or sell zone: $0.2333 to $0.2694
Stop Loss:
The...
Even BAT has some selling pressure but I think it is not ready to be dumped in next days
We still can accumulate it in the range of 0.24-0.25$ for big pump to next targets about : 0.32$ - 0.4$ or even the highest point 0.5$
Be careful if it drops below 0.235$ because it will drop sharply to 0.2$ or even 0.15$
![BATUSDT: Basic Attention Token [BAT/USDT] on July 12 (#BAT #BATUSDT)](https://s3.tradingview.com/i/IySztMvC_mid.png "Basic Attention Token [BAT/USDT] on July 12 (#BAT #BATUSDT)")
