Technical Indicators Projects Consolidated Momentum For BAT

The weekly technical chart for BAT showcases a bullish momentum. On coming to the daily chart,BAT price is showing sign of a consolidated move. BAT price is trading above 50 and below 100 Moving Average. The 50MA price is at $0.817, making it temporary support for the coin. The coin's resistance on the upside will be at $1.3, and on the downside, it will see a bounce back from $1.BAT has formed an accumulation zone in the 4-hour time frame. If the price breaks 10% below the area, then a robust bearish momentum can be seen. BAT price can see a downtrend below $1 in the upcoming days.
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