$BAT update
Overbought in the 4 hour chart so it went down
This is the 30-minute chart
When the token is overbought, it means for the people holding bags of this coin wants to sold it.
55 EMA-Retest You will know if you are going to buy in 2 hours (if it held for 2 hours, and goes up, there is a good chance that it will go up again). Also, it is the 200 EMA @ the 4 hour, if it did rebound, thats a very powerful sign
If the 55 EMA doesn't hold, buy @ the 100 EMA, which is the .5 fib retracement. Good chance that it will bounce of there too.
Again, if it doesn't quite hold, buy @ the .618 - .65 Fib retracement.
Set price alerts at the following (just so we will know)
> 2950 sats (rebound @ 55 EMA)
< 2850 sats (100 EMA)
< 2620 sats (200 EMA and golden pocket fib)
Overbought in the 4 hour chart so it went down
This is the 30-minute chart
When the token is overbought, it means for the people holding bags of this coin wants to sold it.
55 EMA-Retest You will know if you are going to buy in 2 hours (if it held for 2 hours, and goes up, there is a good chance that it will go up again). Also, it is the 200 EMA @ the 4 hour, if it did rebound, thats a very powerful sign
If the 55 EMA doesn't hold, buy @ the 100 EMA, which is the .5 fib retracement. Good chance that it will bounce of there too.
Again, if it doesn't quite hold, buy @ the .618 - .65 Fib retracement.
Set price alerts at the following (just so we will know)
> 2950 sats (rebound @ 55 EMA)
< 2850 sats (100 EMA)
< 2620 sats (200 EMA and golden pocket fib)