Basic Attention Token ($BAT) is going to get some attention.
BAT is currently forming right shoulder of inverted H&S pattern.
Potential entry point is 3341 sats (break of the neck line).
With two potential target profits:
1. 4194 sats
2. 5113 sats
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
Potential entry point is 3341 sats (break of the neck line).
With two potential target profits:
1. 4194 sats
2. 5113 sats
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
Note
BAT is approaching neckline level and looks quite bullish (on both daily and weekly MACD) however it may retrace before a potential break out attempt. Enter position carefully with both take profit and stop levels in mind. Good luck!
Note
It a short/mid term i'm cautiously bullish on BAT it reached RSI, MACD and price level support on daily chart which might mean that it's going to keep upward movement.Note
Even though Inverted H&S pattern technically has not failed and still valid it might take more time then expected. In the meantime you can check out other BAT idea 
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.
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.