#BAT #BinanceAlphaAlert The main bottom for the 2022 bear market in Basic Attention Token (BATUSDT) occurred in December 2022. However, for the purpose of this chart, weâre considering June 2023 as the bottom.
Point 1 on the chart marks a stop-loss hunt, which triggered a bullish wave. Point 2 shows a similar setup, followed by a reversal.
Now that point 2 has played out, the bullish signal is active. Price dipped below the long-term support (June 2023 low) but has since recovered and is now trading above it. We've seen three consecutive green weeksâbullish momentum confirmed. Victory is ours! $BAT
ETH Update: Ethereum has broken below the trendline support of the symmetrical triangle on the 4H timeframe. A retest is still pending. If the retest confirms the breakdown, we could see further downside. Keep a close watch on this setup.
#ARBUSDT Good news â the market is finally turning green. After a series of declines, the price has now approached the descending trendline and appears ready to break through. It's wise to wait for a confirmed breakout before entering. This could present a solid opportunity with strong profit potential. #BinanceAlphaAlert #SPOTCALLđĽđĽđĽ $ARB