analysisLG

BAT needs a breather...

KRAKEN:BATUSD   Basic Attention Token
looking at BAT we can see major bearish divergence. after a strong rally we appear to be creating a rising wedge candlestick pattern which indicates a reversal. This however is still bullish long term. it would only be a small correction in comparison to the monthly run.

however if we do break to the upside we will moon & continue the run (on other coins e.g. eth and btc i have seen these patterns break bullish repeatedly so this is not invalid)
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