I know it's considered a sin to be bearish with anything crypto nowadays, but I always stick by the technicals.
This is what we have for BAT:
A low in June 2023 without bullish RSI divergence
3 clear ABC black waves to the upside
5 clear blue waves to form black wave C
Strong bearish divergence between blue waves 3 and 5
So, FOMO aside, this token is definitely bearish for me.
Invalidation would require a break of 0.2975 high.
This is what we have for BAT:
A low in June 2023 without bullish RSI divergence
3 clear ABC black waves to the upside
5 clear blue waves to form black wave C
Strong bearish divergence between blue waves 3 and 5
So, FOMO aside, this token is definitely bearish for me.
Invalidation would require a break of 0.2975 high.
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👍 Simple, actionable content
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