Hello Traders!
Let's keep it short and simple.
BAT was moving in consolidation, forming a symmetrical triangle. It seems that it already breakout from it, and the target price could be around 0.26 USD.
:::Daily Technical Analysis Facts:::
- 200MA still works as a strong support for the price.
- 200MA and 50MA about to cross forming the golden cross.
- MACD is pointing up now, and seems to confirm the trend.
:::Weekly Technical Analysis Facts:::
- BAT has been moving slowly but consistently on an upwards trend over more than 10 weeks now.
- MACD continues to be bullish.
:::Fundamentals:::
- The growing base of Brave, the browser where you can get tokens for seeing ads might increase its value as more companies will try to advertise with the browser.
- Brave has an encrypted video call service, that might grow its base even more.
:::Conclusion:::
- Indicators looks bullish on the Weekly and Daily analysis.
- Possible price of 0.26 USD next month.
As always, this is not financial advise, do your own research.
:::Please let me know what do you think, feedback is always appreciated:::
Let's keep it short and simple.
BAT was moving in consolidation, forming a symmetrical triangle. It seems that it already breakout from it, and the target price could be around 0.26 USD.
:::Daily Technical Analysis Facts:::
- 200MA still works as a strong support for the price.
- 200MA and 50MA about to cross forming the golden cross.
- MACD is pointing up now, and seems to confirm the trend.
:::Weekly Technical Analysis Facts:::
- BAT has been moving slowly but consistently on an upwards trend over more than 10 weeks now.
- MACD continues to be bullish.
:::Fundamentals:::
- The growing base of Brave, the browser where you can get tokens for seeing ads might increase its value as more companies will try to advertise with the browser.
- Brave has an encrypted video call service, that might grow its base even more.
:::Conclusion:::
- Indicators looks bullish on the Weekly and Daily analysis.
- Possible price of 0.26 USD next month.
As always, this is not financial advise, do your own research.
:::Please let me know what do you think, feedback is always appreciated:::
Dagangan aktif
Target reached, and trade continues
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.
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.