BAT Technical Analysis Feb 6
The post BAT Technical Analysis Feb 6 appeared on BitcoinEthereumNews.com.
[ENGLISH: In BAT’s market structure, the downtrend clearly maintains its dominance with the LH/LL pattern; if $0.0969 support breaks, bearish continuation, could a change signal come with BOS above $0.1203?] Market Structure Overview BAT’s current market structure reflects a clear downtrend. The price has recently formed lower highs (LH) and lower lows (LL) pattern, reinforcing the bearish structure. Current price at $0.11 level and 24-hour change -9.35% under strong pressure. While squeezed in $0.10-$0.12 range, Supertrend gives bearish signal and EMA20 ($0.15) forms resistance above. In multi-timeframe (MTF) structure, total 9 strong levels detected in 1D, 3D, and 1W timeframes: 1D has 1 support/2 resistance, 3D has 1 support/3 resistance, 1W has 5 support/3 resistance balance. This shows the overall structure is bearish inclined, but oversold RSI (23.58) carries short-term reaction risk. Market structure analysis requires monitoring LL break for trend continuation or higher high (HH) formation for reversal. MACD’s negative histogram also confirms downward momentum. Overall, BAT’s structure is downtrend-focused and positions should not be taken without any bullish BOS (Break of Structure). Trend Analysis: Uptrend or Downtrend? Uptrend Signals For an uptrend, higher highs (HH) and higher lows (HL) pattern is required, but these signals are weak in BAT. Recently, price was rejected from $0.1349 swing high and declined to $0.1203; this LH formation blocks bullish momentum. RSI at 23.58 is in oversold zone, which could trigger a short-term HL bounce, but HH should not be expected without breaking EMA20 ($0.15). In MTF, 1W timeframe has 5 support levels, which could be potential HL points, but limited due to BTC correlation. Bullish continuation target $0.1996 has low score (26/100), meaning risky without structural confirmation. Downtrend Risk Downtrend is strong with LH/LL: Last swing low $0.0969 (77/100 score), its break would confirm LL. $0.1203 LH broken and price down…
Filed under: News - @ February 6, 2026 10:28 am