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

Basic Attention Token / BitcoinBinance

Description

⋅ Dec 28, 2019 10:53 PM

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)

Comments

BlockNewsMedia

⋅ Dec 28, 2019 11:06 PM

Nice callout @alanmasters -coupled with continued usage of the brave browser, and advertisers joining amid the google smackdowns on crypto, more and more crypto enthusiasts are joining up to provide much liquidity to come. Yes, 2020 shines bright for BAT in gaining chrome market share.