As shown (predicted?) in one of my previous charts, BAT price against USDC appears to be stabilizing. However, the last few days and weeks BAT has been getting crushed against BTC and traders are no doubt feeling the pain emotionally and financially. "Should I dump BAT for BTC or ETH?" has crossed my own mind, so no doubt it's crossed yours. Should I FOMO from a consolidating asset into an overextended, overheated blue chip? Well, I guess when I put it that way it seems obvious, and looking at the ratio it appears BAT may be heading into oversold versus BTC. Take a look at the highlighted areas in Price, RSI, and MACD. This is not the best time to would flip BAT for BTC, in fact if anything I think these indicators are flashing a red hot stinking Sell BTC for BAT. With BTC appearing overheated we should see a rotation into alts like BAT, but the big question is whether the USD/USDC price will follow?
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.