Technical Analysis: LINK, HIVE, DOT, BAT, FLUX and APT Price Prediction (Oct. W4)

Technical Analysis: LINK, HIVE, DOT, BAT, FLUX and APT Price Prediction (Oct. W4)

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Bitcoin just breached the $20,000 mark. Let’s see which coin seems bullish enough this week to keep an eye on!

Technical Analysis: LINK, HIVE, DOT, BAT, FLUX and APT Price Prediction (Oct. W4)


Bitcoin pierced through the resistance at $20,000 on Wednesday, which could be the start of a short-term rally. If this breakout is sustained, the coin can easily be seen hitting the next supply zone at $22,000.

In this week's analysis, let’s see which coin seems bullish enough this week to keep an eye on!


In our previous analysis, we had ascertained that it was very important for LINK to bounce from the support at $6.7. Later, the token did bounce and is now approaching the resistance at $7.5.

If a breakout is seen, expect the price to test the supply zone at $8.3 in the coming week. Moreover, if the strong momentum is continued, the price could also attempt to test the resistance at $9.5!

If the support is breached, the price will test the critical zone of demand at $6.2.

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As anticipated in our previous analysis, the price tested the last standing support at $0.45 on Friday. However, the bulls returned in full force which helped the price to reverse.

In the chart above, we can see that HIVE has formed huge wicks, which is not a good sign. Therefore, traders must maintain caution.

At the time of writing, HIVE just flipped the resistance at $0.48. However, it is advisable that traders wait for the breakout to be sustained. If the breakout is sustained, expect the price to start approaching the supply zone at $0.58.

Also Read: How to Trade Futures on Binance?


Earlier this week DOT broke a very crucial zone that it had been trading under for a month. Luckily for traders, the price was able to break back into the zone shortly after.

If the buying volumes are maintained, a breakout to the upside could be seen soon, and traders can expect the price to rally to the resistance at $7.61 in the coming weeks.

However, if the support at $6 is broken once again, a 52-week low could be set.


After a double bottom, a reversal was seen in BAT from the 52-week low at $0.26. It looks like the token will now test the resistance at $0.32 in the coming week.

Traders should avoid any long positions until BAT is able to flip the resistance at $0.32. If the resistance is flipped, expect the price to test the supply zone at $0.36. On the other hand, if the lower support at $0.26 is broken, a new 52-week is likely to be set.


FLUX seems to be forming a rounding pattern and could soon trade near the resistance at $0.8. However, after the sharp fall from last week, it seems like a risky bet. This is why traders should hold off until the resistance at $0.8 is taken out.


After its listing, APT has fallen significantly from its high of $23. At the moment a continuation pattern can be seen as the price is pulling back after a strong rally.

It is important for APT to sustain above $7.7 for the bullish trend to continue. Traders can expect a new swing high once the pullback is over.


A quick recap of all the coins:

  • LINK is approaching strong resistance.
  • HIVE has broken a crucial demand zone.
  • Huge buying volumes can be seen in DOT.
  • Avoid long positions in BAT until the resistance is flipped.
  • FLUX is forming a rounding bottom.
  • APT is currently pulling back.
Remember that this is all based on the subjective views of the writer. As always, DYOR!
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