📈 Daily TA: Basic Attention Token (BAT/USD)

Hello, dear members of LeoFinance!

Today I want to share the daily chart of Basic Attention Token continues.

So, in the 1-day chart (1D), BAT/USD is fluctuating slightly below the 30-day Moving Average (MA 30): Theoretically, MA 30 is now putting pressure on the price of BAT. However, as can be seen from the chart, the 360-day Moving Averaging is not far away from the current price. I consider the MA 360 as key support for BAT. That's why I think that BAT/USD is nearing the bottom.

To be continued ...

As of the time of writing, one BAT costs $0.6128 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.

Important!

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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📈 Daily TA: Basic Attention Token (BAT/USD) | 19-06-2021