BAT/USD - Approaching resistance, watch out!

BAT is quickly approaching a key resistance at $1.1 where I'd be surprised for price to push above.

This bias is also supported by the indicators that look a bit bearish with a MACD and RSI bearish divergence and decreasing volume.

For this reason, this is not the time to buy BAT, rather, secure profits here in case we turn back. There is no need to pull the trigger now and sell, you can wait for the yellow parabola to break or for support to fall. We can still pump until $1.1, but unlikely we can push higher in the near term.

BAT needs to cool-down a bit, consolidate/range and then reload for a new push.

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