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CryptoBROxbt
2021년 11월 9일 오전 1시 10분

BAT/BTC - Bullish next 6 Month  

Basic Attention Token / BitcoinBinance

설명

Beside the strong fundamental network news with solana ist BAT/BTC Charts looks extremly interesting.

The Daily is trying to make a higher low which is the starting point of any bullish run. Asson as the blue diagonal gets crosses on the daily timeframe
I expect a bullish run for BAT.

코멘트

A look on the BTC/USDT Pair gives more clues for the next few month



Price is holding above the high time frame 0.5 Fibonacci Level which underlines the bullish
narrative from a technical point of view.

I drew fibonacci extension level in order to determine possibe targets on the usdt chart.

The 2nd target is only an option IF price can close above the diagonal resistance. The diagonal acts like a momentum catalysator. Once broken price continues its bullish run most of the time. If price rejects from it in terms of a bearish candle stick price starts a temporary correction.
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