#BATUSDT The main bottom for the 2022 bear market for Basic Attention Token (BATUSDT) happened in December 2022, after it goes sideways but, let's take June 2023 as the market bottom for the purpose of this chart.
1- on the chart is a stop-loss hunt event. It leads to a bullish wave. 2- on the chart is the same; a reversal comes next.
The bullish signal is in because 2- is already gone. The action went below long-term support (June 2023 low) is now trading back above it. Three weeks green, bull confirmed; yes we win! Yes
#BATUSDT The main bottom for the 2022 bear market for Basic Attention Token (BATUSDT) happened in December 2022, after it goes sideways but, let's take June 2023 as the market bottom for the purpose of this chart.
1- on the chart is a stop-loss hunt event. It leads to a bullish wave. 2- on the chart is the same; a reversal comes next.
The bullish signal is in because 2- is already gone. The action went below long-term support (June 2023 low) is now trading back above it. Three weeks green, bull confirmed; yes we win! Yes
If riding a bucking bronco is your idea of fun, you’re going to love what the stock market has in store. Consider this past week’s ride a preview.The week’s action didn’t look like much, if you didn’t know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
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