BAT trades below the baseline holding an opportunity for the potential traders to join in the network. However, the entry as well as the exit points should be well thought off before having the investments done.
BAT to USD Price Analysis:
BAT is trading at $0.1639 (at the time of writing) at 04:36 UTC as on October 2, 2019.
Yesterday, the value of BAT was initially seen trading above the baseline at $0.1738 around 02:11 UTC. The price of BAT then dropped by 4.41% at 13:04 UTC, trading at $0.1661. BAT then escalated by 4.13% at 16:41 UTC time when the trading value was seen at $0.1730.
The value then hit the bottom by 6.32% at $0.162 around 19:23 UTC. The current trading price is a marginal hike of 1.21% from the latter price mark.
BAT is trading in the bearish zone; based on the last 30 days statistics. If one wishes to trade in the short-term, holding on the intra-day trade with the highest and lowest price points is the optimum trade decision at present.
The calculated resistance and support levels pertaining to the current bear trend are as follows:
R1: $0.171506, R2: $0.177789, R3: $0.18176
S1: $0.161252, S2: $0.157281, S3: $0.150998