BAT: according to the news, nothing-the token is in accumulation

By mari_trade
Good day everyone 😊

🔎 Today we will look at the charts of the main TFs and the characteristics of the BAT coin (Basic Attention Token)

✔️ Let's start with the basic parameters of the token

Basic Attention Token (BAT) is a cryptocurrency created to improve digital advertising through the use of blockchain technologies. BAT's main goal is to improve advertising efficiency by reducing intermediation and improving interactions between advertisers, publishers and users.

BAT was developed by a team led by Brendan Eick, who is also the co-founder of Mozilla Firefox and the creator of the JavaScript programming language. He has significant experience and credibility in the technology industry, which adds credibility to the project.

📎 Main characteristics and principles of operation:
- Brave Browser: BAT is integrated with the Brave browser, which blocks ads and trackers by default, and also allows users to earn BAT tokens for viewing ads of their choice.
- advertising and rewards: advertisers pay BAT tokens to show their advertisements to users. Some of these tokens go to users who view ads, and the other part goes to content publishers.
- Transparency and control: Users have full control over their privacy and can choose which advertisements are shown to them.

📎 Historical analysis:
- Inception and ICO: BAT held its initial coin offering (ICO) in May 2017, raising approximately $35 million in just 30 seconds.
- rise and fall: The price of BAT fluctuated depending on the general state of the cryptocurrency market. It reached its maximum values ​​during the general crypto booms of 2018 and 2021, but also succumbed to significant declines.

📎 Expanding user base: If Brave continues to gain popularity among users and advertisers, the demand for BAT will increase.
Further technological and ecosystem improvements may bring more attention to the project.

🔔 In February, Santiment notes a surge in the number of transactions exceeding $100,000
snapshot

✔️ Graphic part

🔘 Month: the price is also in the zone of the previous accumulation phase
Below there are two liquidity points that have not yet been removed (perhaps they will not be), the mark of $0.1480 and the historical minimum of $0.0800
Global targets for growth and exit from accumulation will be points of $0.48, $0.98, $1.92...
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🔘 Week: sideways movement with accumulation of liquidity
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🔘 Day: the price is still in a descending structure
exit and consolidation above the level of 0.2001$ will show growth towards the IMB W zone 0.2296$ - 0.2362$
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💭 I will buy this coin only after the daily structure is broken

❗️Not a financial recommendation; before entering into any transaction, conduct your own analysis of the asset

Happy deals everyone!

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