Fundamentals: The Brave team just released the ability to tip BAT to verified Twitter users. This alone may change the entire Twitter business model and bring attention to BAT. Price Action: Watch for a breakout above $0.40. We saw an attempt this weekend for a breakout that was quickly sold down just shy of the resistance. Action above the resistance...
With Bitcoin, Ethereum, and Litecoin all rallying the last few hours, BAT has been maintaining a strong consolidation trend. It looks like the first week of June will be the moment of truth for BAT/USDC. Since bulls have taken over the market we've seen a return of a raging bull market. A realistic outcome would be for BAT/USDC to have a violent move up...
Just wanted to add the 4 hour chart for more color on the situation with BAT/BTC. Decision time will be soon, whether BAT/BTC goes up or down. As I mentioned in my previous post, I believe we will be heading higher. Weekend Volatility is back on the menu, watch the ratio in the next few hours to confirm. Good luck!
Yesterday's volatility brought some reality into the markets. (We can't just go straight up forever?). Even with a 20% retracement we are in a healthy bull market and now is the time to start poking around the alt ratios and finding some deals. Well, take a look at the chart above for the BAT/BTC ratio. Everything indicator is telling me that BAT is about to...
Buying BAT/BTC here at 4600 / Target Sell at 5300.
As shown (predicted?) in one of my previous charts, BAT price against USDC appears to be stabilizing. However, the last few days and weeks BAT has been getting crushed against BTC and traders are no doubt feeling the pain emotionally and financially. "Should I dump BAT for BTC or ETH?" has crossed my own mind, so no doubt it's crossed yours. Should I FOMO from...
Overnight, savvy traders saw the opportunity for a quick flip with BAT hovering at highly oversold territory. A big bounce off 0.27 burst through the Correction Channel convincingly and those who made a quick 20% in the span of a few hours will be locking in profits. Look for a brief selloff in the near term followed by some consolidation. Watch the price action...
As predicted, BAT has been consolidating against the USDC (Coinbase) for the last few days. The blue chip rally will likely continue into this week, but there is a sense that traders are likely taking profits on BTC and rotating into ALTs. BAT will likely be the beneficiary of the rotation as investors continue to buy up the coin with expectations of a return of...
The correction in BAT is currently in oversold territory and hitting the resistance channel. Profit takers would be wise to wait for a bounce before continuing sell off.