BAT – BasicAttentionToken – 100% profit possible - short-term

Hi Traders!
We’ve observed BAT since a couple of weeks and finally, we have a solid confirmation of its uptrend.
So here are the details of the technical analysis:
• Price has bounced from the previous support at 2115 st and still in the micro uptrend
• Chaikin Money Flow – very strong pressure on the price
• MACD – positive convergence
• Fibonacci scale – very low at Trend Based Fib-Extension
• Weis Waves – supply has evaporated – nobody to sell = price is going up
• Ichimoku Cloud – just crossed TenkanSen on the daily chart
• 1st target to achieve – 3364 st (Fib scale)
• 2nd target to achieve – 4137 st (Fib scale)
• 3rd target to achieve – 4767 st (Fib scale)
• 5th target to achieve is 5400 st (last peak which aligns with Fib scale)
• 6th target to achieve is 6293 st (penultimate peak which aligns with Fib scale)
So Guys. This trade can take up to 6 weeks with many swings on its way. Be patient. Don’t panic.
Future is bright. Don’t forget about that!
HUGE Hugs!
WBM Team
We’ve observed BAT since a couple of weeks and finally, we have a solid confirmation of its uptrend.
So here are the details of the technical analysis:
• Price has bounced from the previous support at 2115 st and still in the micro uptrend
• Chaikin Money Flow – very strong pressure on the price
• MACD – positive convergence
• Fibonacci scale – very low at Trend Based Fib-Extension
• Weis Waves – supply has evaporated – nobody to sell = price is going up
• Ichimoku Cloud – just crossed TenkanSen on the daily chart
• 1st target to achieve – 3364 st (Fib scale)
• 2nd target to achieve – 4137 st (Fib scale)
• 3rd target to achieve – 4767 st (Fib scale)
• 5th target to achieve is 5400 st (last peak which aligns with Fib scale)
• 6th target to achieve is 6293 st (penultimate peak which aligns with Fib scale)
So Guys. This trade can take up to 6 weeks with many swings on its way. Be patient. Don’t panic.
Future is bright. Don’t forget about that!
HUGE Hugs!
WBM Team
Note
Rumour has it that they will be listed on Coinbase trustnodes.com/2018/10/17/zrx-becomes-the-most-valuable-ethereum-token-after-coinbase-listing-bat-jumpsNote
By the way. Congratulations!Note
Congratulations! Since the October 17th when we published this analysis your gain is 38%! WOWRelated publications
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.