BATUSDT (Basic Attention Token) closed three weeks green. This fourth week starts green with an immediate challenge of resistance. Seeing this type of action remains me of January 2021.
In January 2021 BATUSDT closed four weeks green and then produced one week red. Followed by three more weeks green then one week red. Then three more weeks green and one red and two more green weeks signaled the top. 98 days of sustained growth.
It can be different this time. How exactly the waves will develop we don't know. The law of alternation is always at play. But, something we know for sure, that is the bullish potential shown on this chart.
Before and during strong bullish action there is always an increase in trading volume. Presently we see no such increase but three weeks closed green. What does this mean? It means that it is still very early in this bullish cycle.
Basic Attention Token can easily grow by 300% and up to 900% in the coming months. The ATH can be really high, but an easy target can be around $4.81 for a total rewards potential of 1,500%. There you have it, another pair with huge growth potential.
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