BAT reached a major resistance level (check 30min-1h chart). If the price gets rejected there's a good trading opportunity to go short and take profits at indicated fibonacci levels.
Yorum:
The price got rejected at around $0.265 and is falling. A strong resistance level was built up at the trend line (check 1 hour chart). The trend line can now be adjusted to the top of the resistance level. Watch out for the 76.4% fib retracement as it seems to be a quite strong level.