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Basic Attention Token (BAT) - November 23

BINANCE:BATUSD   Basic Attention Token
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(BATUSD 1W Chart) - Medium to Long-Term Perspective
Above the 0.44554484-0.50257335 section: Expected to create a new wave.


(1D chart)
First resistance section: near point 1.23714493
Second resistance section: 1.51867629-1.61252007

Support section: 0.86176979-0.95561357


To break out of the downtrend line, we need to see if we can sustain the price above the 1.08247674 point.


If it falls from the support area, it may move towards the 0.67408221 point, so trade cautiously.


A move above the 1.17586124-1.23714493 section is expected to accelerate the uptrend.

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(BATBTC 1W chart)
Over the 2955 Satoshi-3749 Satoshi section: Expected to create a new wave.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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