• The BAT price is trading between the level of $0.30 and $0.40.
• A bullish break at the $0.40 price level will propel price to reach the $0.50 price level.

BAT /USD Medium-term Trend: Ranging

• Resistance Levels: $0.45, $0.50, $0.55
• Support Levels: $0.30, $0.25, $0.20

Yesterday, June 13, the crypto’s price is in a sideways trend. The BAT price is trading between the level of $0.30 and $0.40. The crypto’s price is below the EMAs which indicate that price may likely fall. The 12-day EMA and the 26-day EMA are trending horizontally. The BAT price is below the EMAs which indicate that price is likely to fall.

The small body candlesticks like the Doji and spinning are responsible for the range bound move. The candlesticks describe the indecision between the buyers and sellers at the current market price. A bullish break at the $0.40 price level will propel price to reach the $0.50 price level. Meanwhile, the BAT price is in the oversold region of the daily stochastic but below the 40% range. This indicates the price is in a bullish momentum and a buy signal.

BAT/USD Short-term Trend: Ranging

On the 4-hour chart, the price of BAT is in a sideways trend zone. The 12-day EMA and 26-day EMA are sloping horizontally. The crypto's price fluctuates below and above the EMAs. The BAT price is fluctuating between the levels of $0.31500 and $ 0.34500.Meanwhile, the daily stochastic has reached the oversold region but below 20% range. This indicates that price is a bearish momentum and a sell signal.

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