Basic Attention Token Ready (60% Target Mapped)

11 apr 2020

Now we are looking at Basic Attention Token (BATBTC), on the request of one of our amazing supporters... Let's see what we have here, follow me!

We now have prices moving above EMA50 while...
Wait, let's start from the beginning.

• BATBTC, the altcoin trading pair for Basic Attention Token vs Bitcoin, hit a low on 6-Sep. '19.
  
  
• After this low, a 121% bullish wave took place that lastest 47 days (yellow arrow on the left).
  
  
• Afterward, prices started to retrace and a higher low was hit on 23-March. This retrace lasted over 155 days.
  
  
• And now we have prices moving above EMA50 while trading volume is going up.
  
  
• The RSI is really strong at 60 and the MACD is now above the zero line.
  
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    If you look at the chart above, the second yellow arrow is what we are looking for.
    
    Even though we have a bullish chart, remember that everything can change in a matter of days.
    So, make sure to develop a strategy/plan before you decide to trade.
    
    Thanks a lot for reading.
    
    This is Alan Masters.
    
    Namaste.