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Batbtcshort

BAT ready for BULL RUN - (Currently at MONTHLY SUPPORT)#BATBTC Technical Analysis Update: Reasons for BULLISH MOVE: 1. BAT is currently at a monthly level(Support) around 2125 sats. 2. BAT is also near the DEMAND ZONE. If we look back on 30 SEP 2019 (BAT was in DEMAND ZONE, After which it did 75 % percent UP MOVE), right now after 1 year, again we are in the same DEMAND ZONE. 3. BAT back in 04 MAY Week was also in DEMAND ZONE, after which it went again 75% up. So whenever, BAT comes into DEMAND ZONE, it flys afterward. 4. BAT has been in accumulation ZONE since DECEMBER 2019, so huge breakout can be expected in coming weeks. 5. BAT Price has been fallen in the last month but the important thing to note is that there is no selling volume. The amount of distribution volume is very low, which means the downtrend is not supported by the volume. and we can expect BULLISH move. Reasons For Bearish (In case) 1. Bitcoin Dominance can cause all the ALTS to PUMP & DUMP. Always watch out the levels of bitcoin dominance. If Bitcoin Dominance Increase & Bitcoin Price Increase >>>> Then Alts BLEED/DUMP/BEARISH If Bitcoin Dominance Decrease & Bitcoin Price Increase or Sideways >>>> Then Alts PUMP/MOON/BULLISH If Bitcoin Dominance Increase & Bitcoin Price decrease >>>>> Then ALTS DUMP >>> Accumulate FIAT(USDT) in that situation. Thanks. Stay Tuned. Support needed just give me a thumbs UP if I deserve, otherwise, Thanks anyways. Stay Blessed.
Long
by SmartMaxi
2
BATBTC Head and Shoulders PatternBATBTC is forming a head and shoulders pattern. Expect BAT to be bearish in the near future relative to the bitcoin and therefore the crypto market in general. I don’t see a head and shoulders, however, in the BATUSD chart, so BAT may still be a good buy relative to fiat. The Brave web browser recently received some negative coverage (to read about it Google: “Brave affiliate link controversy”) and I suspect that may contribute to a downtrend in the near future. In the long term I believe that is something Brave and BAT will put in the rearview mirror, and I do expect BAT to be one of the coins that most benefits from the bullish crypto cycle that we are now entering.
Short
by tarbh
4