BAT is quickly moving for a retest of its old ATH at $1. Nice.
Where are we now?
We seem to have reached resistance at $0.87 cents. I'd be surprised to push higher from here as this resistance should push us lower before BAT has another shot at ATH / $1.
Possible path on the chart. This cooldown could provide a good re-load opportunity to ride the wave towards ATH once that new push starts.
The indicators are all very bullish:
1. Increasing volume on this move up - bullish 2. MACD very bullish with a positive cross on daily 3. RSI pushing higher still
This train won't stop, so $1 is pretty certain at this point, just a matter of time, beyond that we will have to revisit the chart.
Best to see if you can catch a wick down before another push up.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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.