cheungngo

BAT/BTC Basic Attention token a Follow-Up, and possible scenario

BITFINEX:BATBTC   Basic Attention Token / Bitcoin
Last post:

' BATBTC Basic attention token small rebound expected, not rallies'


Written ~3949, later rebounded to ~4200, then to now ~3650


Future scenarios:

Scenario A:
- Supported at ~3600 (Last trend; 50EMA)
- Trough seen in a few days, need to refer to MACD and stochastic

Scenario B:
- Does not find support
- Next stop could be 2600-2800


I hope buying it lower though.

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.