eliakh

BATUSD still very bullish on a weekly timeframe

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BINANCE:BATUSD   Basic Attention Token
The price has broken the weekly resistance at 0.30$ and then did the pullback on this resistance.

Yesterday, the price reached our first Target at 0.445$ and then consolidated. I stay bullish on BATUSD above the weekly resistance at 0.30$ that is now serving as a support for the price.

My next targets are:

- TP1: 0.445$ (retest of previous high)

- TP2: 0.47$ (next big weekly resistance)

- TP3: 0.5$ (important round number and weekly resistance)

If price brakes below 0.30$, I become bearish with a first target at 0.25$.




Disclaimer: This is a trading idea and not recommendation to buy or sell. Please trade based on your own convictions.
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