May I have Your Attention, please!
Updated
Hello dear crypto friends!
Basic Attention Token is close to breaking 35 cents important Weekly resistance in USD. We changed the Weekly trend already by breaking 16,5 cents lower highs.
First TP zone in that scenario would be 40 cents: 16% profit
Second TP zone would be 50 cents: 40% profit
Accompanied should the move in USD be also by relative strength towards grandpa Bitcoin: Here we have already broken the important Weekly Equilibrium at .55 and successfully retested the breakout. Currently we have a nice Cup & Handle on the 4H.
Good luck & happy trading! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Basic Attention Token is close to breaking 35 cents important Weekly resistance in USD. We changed the Weekly trend already by breaking 16,5 cents lower highs.
First TP zone in that scenario would be 40 cents: 16% profit
Second TP zone would be 50 cents: 40% profit
Accompanied should the move in USD be also by relative strength towards grandpa Bitcoin: Here we have already broken the important Weekly Equilibrium at .55 and successfully retested the breakout. Currently we have a nice Cup & Handle on the 4H.
Good luck & happy trading! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Note
Perfect retest of Breakout.
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