Not looking good for BAT token, as there is a descending triangle. Also, bitcoin dominance is rising heavily, which is bad for all altcoins. You can profit from this move on any crypto futures market.
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After some confirmation over 4H, 1D, and 1W charts, it's clear now that the price for BINANCE:BATUSDT will fall again till the next support level.
entry price : 0.1952
TP1 : 0.1558
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Strong support around 0.1990$-0.2$
If it can hold above this price there is high chance of big pumps towards fibo resisance in chart
1- after break of trend line (purple color)
2- in support around 0.2$
**Stop daily close below 1770$
#BATBTC Technical Analysis Update:
Reasons for BULLISH MOVE:
1. BAT is currently at a monthly level(Support) around 2125 sats.
2. BAT is also near the DEMAND ZONE. If we look back on 30 SEP 2019 (BAT was in DEMAND ZONE, After which it did 75 % percent UP MOVE), right now after 1 year, again we are in the same DEMAND ZONE.
3. BAT back in 04 MAY Week was also in...
If the chart plays out, could be deep trouble for BAT HODLers! I see a reverse Cup and Handle pattern here in correlation with the broader crypto markets and Bitcoin. Also, crypto markets are in correlation with the broader markets (S&P, Nasdaq, DOW) which is currently seeing a Head and Shoulders pattern in full swing with more room to move down.
I don't want to...
Basic Attention Token is oversold on most of the timeframes and found support at the current level.
We see a Buy signal on the 1 hour timeframe. We may expect a bounce!
Buy on 1 hour chart
Sell on 7h chart
Sell on 2 day chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end...
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You need to make sure you can get support in the range 0.31273891-0.31815930.
If you get support above the 0.31273891 point, I think you're...
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