Technical analysis by cultureofwoods about Symbol BAR: Buy recommendation (11/30/2024)

Final chart of the day. I think fan tokens are a hugely overlooked narrative and they are all forming beautiful Wyckoff accumulations. Volume is huge at these levels, marking the likely bottom. First target for the spring for BAR is $5.49 but could reach $7. Expect a retest of or near to the range low before blasting off from there to at least $24.8 - probably much higher in the endIf anyone is listening, these fan tokens have consistently pumped when BTC dominance spikes up - in other words, against the rest of the altcoin market. Personally, when I exit other tokens in profit, I am parking the cash here so it is still in the market and may even make money when the rest of the market dips