$BAT Have the bulls caught the bottom?
Hao said last night that BAT had stabilized around 0.170 and was expected to rise. This rally has liquidated $602,000 worth of short positions over the past 12 hours.
Based on current liquidation prices, there are $805,000 worth of short positions near 0.215 above, and $645,000 worth of long positions near 0.174 below.
Looking at the current trend, the price has stabilized in the short term around 0.195. Based on liquidation values, the direction the market makers choose will depend on how prices move next.
Hao suggests trying a short on a rebound. Watch the support at 0.165–0.170 below; a break below it would open up more downside.
$AGT #BAT
Hao said last night that BAT had stabilized around 0.170 and was expected to rise. This rally has liquidated $602,000 worth of short positions over the past 12 hours.
Based on current liquidation prices, there are $805,000 worth of short positions near 0.215 above, and $645,000 worth of long positions near 0.174 below.
Looking at the current trend, the price has stabilized in the short term around 0.195. Based on liquidation values, the direction the market makers choose will depend on how prices move next.
Hao suggests trying a short on a rebound. Watch the support at 0.165–0.170 below; a break below it would open up more downside.
$AGT #BAT