Basic Attention Token Is looking Bullish | +40% Or Retrace?

Dec 28, 2019

Basic Attention Token (BATBTC) is breaking EMA50 as I write this on high volume, signaling that the retrace is done.

On the chart above you can find the Fib. targets and support levels.

The 0.618 Fib. retracement support for the last bullish wave has been activated, a solid spot to complete a retrace and resume an uptrend.

If BATBTC goes lower, the light green area will work as support.

The RSI is looking really bullish while the MACD is starting to curve just now but displaying a bullish crossover.

The signals are clear, especially the high volume... Basic Attention Token is ready to move.

Thanks a lot for reading.

Namaste.

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Previous analysis: Basic Attention Token Gains Strength | 350%+ Another Winner (Sept. 20)