Technically, BAT/USDT still looks very bullish. However, there is a slight rejection after reaching the 1.618 Fibonacci ratios. This can be used as buying opportunity. the next target area is shown in the red rectangle. That level might be reached in several weeks as long as BTC dominance still going down.
Trade closed: target reached
Target has done: an easy and nice trade
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.
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.