๐BATUSDT appears primed for a bullish move, given the presence of an unmitigated Order Block (OB) above.
๐ Looking back, we noticed a shift from demand to supply, causing a significant drop for BATUSDT. Once it swept the downward liquidity, it set an upward momentum.
๐ Notably, the first bounce was stronger than the second, indicating less liquidity and suggesting that the price is expected to mitigate the unmitigated OB.
๐ However, if the price drops below the critical point, it could experience a 13% downward move.
๐ In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
๐ Looking back, we noticed a shift from demand to supply, causing a significant drop for BATUSDT. Once it swept the downward liquidity, it set an upward momentum.
๐ Notably, the first bounce was stronger than the second, indicating less liquidity and suggesting that the price is expected to mitigate the unmitigated OB.
๐ However, if the price drops below the critical point, it could experience a 13% downward move.
๐ In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Note
๐ดBAT Quick Update๐ด๐ Paradisers, Following our recent analysis on #BATUSDT, it's evident that our predictions were spot-on, with a commendable 14.44% gain to date.
๐ Currently, BAT has adeptly navigated the previous supply zone, securing liquidity and encountering a slight pullback. Given the chart's marked imbalance and order block, should the price waver in its upward trajectory, it's plausible we'll see a retest of this level before any significant move.
๐ With a distinct supply zone and an untouched bearish OB, coupled with its prevailing upward momentum, we anticipate the asset to align with our future targets.
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.
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.