BAT is at one of two supports before another substantial leg down.
Has been falling for a while and should be about ready for a bounce.
Bulls need to at least slow the bleeding before next support is reached.
$ 0.183-193 (green 1.236) is current support and often bounces strong.
$ 0.177-179 (Impulse Top) is where bulls launched this run, must hold.
$ 0.161-164 (Impulse Core) is bulls last stand, risking lower lows if broken.
Has been falling for a while and should be about ready for a bounce.
Bulls need to at least slow the bleeding before next support is reached.
$ 0.183-193 (green 1.236) is current support and often bounces strong.
$ 0.177-179 (Impulse Top) is where bulls launched this run, must hold.
$ 0.161-164 (Impulse Core) is bulls last stand, risking lower lows if broken.
Note
Update as of Fri Dec 6th: Price came EXACTLY to our "Likely Target" and looks to have minded thee "Void to Avoid" sign
Zoomed IN a bit and adding a fib on bounce
But this one has many confirmations, and indicates an attack on $0.2 round number next at the 4.236
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.