BAT Falling Wedge?
Updated
With BAT currently on a 4 month downtrend since its spring highs, it appears to be forming a falling wedge formation. With a legit use case, a growing user base, this token isn't going to zero. In fact there seems to be tremendous pressure in trying to suppress the price to fill up on bags.
Trade active
Its probably the bottom for now, I would imagine it bouncing back up to the former resistance line that was broken in April
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.