BAT is up 3%. I told you so.

BAT is up 3%. I told you so.

By MadMaxx | Psycho Crypto | 26 Jan 2020


I told you so.

So, in a very quick post, let's talk about BAT's recent move up, why it happened, and where the price is going next.

If you follow this blog closely, you know that I have a pretty good track record with predicting where BAT's price would be moving next.

But really, don't take my word for it any time I post my updated. Do your own research fellas!

But in this post, let's analyze this move up, and see where we're going.

All charts and graphs are courtesy of Coinbase, my go to stop for purchasing cryptocurrencies OT .

So let's have a look at some charts.

 

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Aa we can see from the charts, BAT had a slight period of consolidation in the $0.19 range, before spiking up to its previous resistance later today.

If we draw up some imaginary trend lines on the latest price action(I'm far away from my laptop. Please bear with me), we can see that its clearly in an upward channel.

It hasn't really reached the resistance level yet, so it will continue to rise until it gets to $0.22, which is the resistance level.

What happens at that level is dependent on whether or not buyers overpower sellers or vice versa.

But it is certain that prices will continue to go up until it hits resistance again.

As always, don't take this as investment advice. Do your own technical analysis before making any important decisions with your money.

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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