BINANCE:BATBTC is currently hovering above critical trendline support, while forming a falling wedge pattern and a clear bullish divergence on the RSI. All this stuff makes me think that a bounce is very likely.
BAT / BTC chart here. Coinbase rumors of listings soon, leaks, etc has the chart excited. Pumped hard the last week, and now is slowing momentum with BTC showing signs of weakness currently. The pink line is where I think it may currently retest, pop back up, and potentially breakout with the help of a Coinbase addition. Red lines here are resistance and blue...
. BasicAttentionToken/Bitcoin is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
. There is a...