FC Barcelona Fan Token (BAR) TA-Based Short-Term Move (130% Pot)Follow me! Let's do this together. What I am trying to show here is a short-term move. Let's use this chart to predict what will happen next.
The main signal we want to consider is trading volume. Trading volume became really high starting the 10th of October. As volume grows, we are seeing bullish action.
There is a period with bearish action on the left side of the chart. Price dynamics transition from bearish to sideways, from sideways to bullish. This is all we need.
Seeing how prices are slowly moving up, now that the action is happening above support (previous resistance), we can expect next a strong jump.
We are aiming at $4.05, $5.68 and $7.32 on the next move up. This is short-term and we are looking at a fast advance, a sudden jump.
This is a bullish chart but things can change. The purple range marked on the chart is the main support. Above this range, the bullish bias remains strong and we can expect our targets to hit within days. If the action moves below this range, below $2, we will have to consider a longer wait before a higher high shows up.
This is a short-term analysis —BARUSDT is going up. That is what the chart is saying right now.
Thanks a lot for your continued support.
Namaste.
