FieryTrading

BAT/BTC Bullish Price Action Spotted

BINANCE:BATBTC   Basic Attention Token / Bitcoin
BAT/BTC has seen some very strong price action in the last two days, increasing almost 40% in value.

Most of the time, candles like these indicate a strong shift in trend, to the bullish side in this case. Seeing that there's a lot more money flowing into X/BTC pairs currently, I think we will see much more of this coin in the near future.

I've marked two areas of resistance on the chart, R1 and R2. Do your own DD.

Happy trading!

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