I'll take a mid to long term perspective.
BATBTC chart was added.
BAT also forms a box section.
It is between 0.00003277 and 0.00005161.
The current position is supported by the 0.00002459 branch that separates the long-term investment area.
We think that we face new opportunity.
We don't know whether it will rise to 0.00003277 ~ 0.00004175, the lower section of the box section, or 0.00004175 ~ 0.00005161, the upper section, but we believe it is worth investing in the medium to long term.
It is supported by the 0.19916000 branch and should be checked to see if it will completely move out of the downtrend line by around December 30th.
As long as we are on the uptrend line, we believe that buying is best done between the uptrend line and 0.19916000.
The primary target point is 0.37662744.
BATBTC chart was added.
BAT also forms a box section.
It is between 0.00003277 and 0.00005161.
The current position is supported by the 0.00002459 branch that separates the long-term investment area.
We think that we face new opportunity.
We don't know whether it will rise to 0.00003277 ~ 0.00004175, the lower section of the box section, or 0.00004175 ~ 0.00005161, the upper section, but we believe it is worth investing in the medium to long term.
It is supported by the 0.19916000 branch and should be checked to see if it will completely move out of the downtrend line by around December 30th.
As long as we are on the uptrend line, we believe that buying is best done between the uptrend line and 0.19916000.
The primary target point is 0.37662744.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
