BAT Continues to Sit in a Major Buy Zone

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BAT had a really great rally up to $0.40 recently when DeFi boomed. This is just the start for this cryptocurrency with a proven use case and major userbase.

As I have said in countless posts at this point, $0.22 is a psychological level for BAT. I've done a case study going back ~8 months and have found that anytime you buy BAT below $0.22, there is an opportunity to sell it above that amount within 3 months.

As you can see from this chart, we dipped down earlier in the month and if you would have bought, you could've sold a few days ago above $0.22.

Now we're in that low level again and one could buy BAT at this price and likely sell it in the next 1-3 weeks above $0.22.

These aren't record breaking trades, but there are consistent buy opportunities here. If you get caught hodling BAT and I'm wrong about the opportunity to sell above $0.22 right away, would you be all that upset about it?

I know I wouldn't. BAT is a great bag to HODL and a predictable token to tradl.

Posted Using LeoFinance Beta



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