📈 Daily TA: Basic Attention Token (BAT/USD) | 12-07-2021
Hello, dear members of LeoFinance!
Today I want to comment on the price chart of Basic Attention Token (BAT).
In the daily chart (1D), BAT/USD has hit the 360-day Moving Average (MA 360):
In my view, this is a very critical period for the price of BAT. If the cryptocurrency receives enough support from MA 360 then it may rebound and slowly but steadily resume the uptrend. So, I will be waiting for a buy signal.
To be continued ...
As of the time of writing, one BAT costs $0.5452 on the Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years, and as a cryptocurrency analyst for the last 4 years.
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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