Basic Attention Token (BATUSD) went through the same pattern as all the other Altcoins, that's the 1,2,3,4 Steps Pattern.
This pattern ended in a classic Cup & Handle that is already breaking upwards leading to an ultra-bullish chart setup.
Why is this chart setup ultra-bullish?
BATUSD currently trades above its November 2022 low, the last major low that needed to be conquered.
The current price also trades above EMA50 with bullish indicators.
With the Altcoins market being bullish as a whole, these are really strong signal as no resistance remain.
The doors are open for a major bullish wave. Notice how steep the climb was in Jan/February of this year... We can see something similar leading to higher highs.
Bottom line: Huge growth potential.
Namaste.
This pattern ended in a classic Cup & Handle that is already breaking upwards leading to an ultra-bullish chart setup.
Why is this chart setup ultra-bullish?
BATUSD currently trades above its November 2022 low, the last major low that needed to be conquered.
The current price also trades above EMA50 with bullish indicators.
With the Altcoins market being bullish as a whole, these are really strong signal as no resistance remain.
The doors are open for a major bullish wave. Notice how steep the climb was in Jan/February of this year... We can see something similar leading to higher highs.
Bottom line: Huge growth potential.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.