Basic Attention Token (BAT) - Cup And Handle?
BAT - Basic Attention Token looks like it is forming a Cup And Handle.
Cup and Handle began forming in October 3rd.
The Handle is halfway complete, final chances to buy in at cheap.
Note
The Handle is also unable to breach a long term support level of 0.00004758. Actually seems like it may double bottom on that level before completing the Handle.
The full formation of a handle is not confirmed, but MACD and RSI on 4 hr are showing signs of seller exhaustion and ready to pinch upward.
Seeing that it took the formation of a Cup and Handle 2.5 months for form, my guess is that when the Cup And Handle is confirmed... lightning will strike.
Your thoughts are appreciated.
Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.