$BAT downtrend continuation
Updated
BAT reached a major resistance level (check 30min-1h chart). If the price gets rejected there's a good trading opportunity to go short and take profits at indicated fibonacci levels.
Note
The price got rejected at around $0.265 and is falling. A strong resistance level was built up at the trend line (check 1 hour chart). The trend line can now be adjusted to the top of the resistance level. Watch out for the 76.4% fib retracement as it seems to be a quite strong level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.