$BAT 24-hour drop of 8.87%, with trading volume of just 5M. I usually can’t be bothered to look at coins with this kind of volume. But one detail feels odd: it’s down 2.27% over the past hour, yet trading volume is 1.1 times the 24-hour hourly average—the volume actually picks up as the price gets pushed down. It’s down 2.21% over 4 hours, which means this past hour has basically repeated the entire four-hour decline. The price is now 0.1767, less than 4% above today’s low of 0.1701. My take is that this isn’t panic selling; someone’s been slowly unloading above 0.18. If 0.1701 breaks on heavy volume, there’s nothing below to support it.
#BAT #BinanceSquare #Crypto
#BAT #BinanceSquare #Crypto