Bitcoin SV was trading in a descending channel. Indeed, selling pressure would likely see it fall below an impending support level. In contrast, the Basic Attention Token comes out of a range. Therefore, it looks to reverse another level of resistance to support. As for FTX Token, he sees a fight between the bulls and the bears. As he traded just above a crucial support level.
Bitcoin SV [BSV]
Bitcoin SV was trading in a descending channel. Indeed, this is a bullish reversal pattern. But only if the price goes up the channel with a large volume move. Until then, the channel limits and the midpoint can be used to enter and exit transactions.
Basic attention token [BAT]
After breaking through the highs of the range ($ 0.2 – $ 0.27) at 0.27, BAT moves into a descending channel. Bulls in the market stepped in at this point and BAT saw a push towards the resistance level of $ 0.32. Then we see a slight pullback to $ 0.35 and then another ascent to test the resistance level of $ 0.335.
FTX Token [FTT]
A hidden bullish divergence between price and its momentum has been spotted. The MACD Forms a bullish cross into bearish territory to generate a weak buy signal. the Fixed range volume profile shows that the control point (PoC) for FTT was $ 9.65.
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