xaloc

BATBTC 200%+ potential cup and handle

Long
xaloc Updated   
BITTREX:BATBTC   Basic Attention Token / Bitcoin
BAT seems to have formed a cup and handle pattern. I have been monitoring this coin for a while now and it has proven to be quite resilient against market fluctuations. It has a clear strong uptrend within its channel. Using a fib retracement we can see potential future resistance levels and decide to take profits on those. I will post targets on an update.

Basic Attention Token was created by the guy who created JavaScript and Mozilla Firefox, this is a token that aims to reimagine the way ads function on the internet. It's very interesting and looks like it has a bright future. Counting on its strong TA on top of its very solid FA (good team + working product ) this makes for a potential moonshot and thus a must have coin for 2018
Comment:
You can set profit taking targets on all of these fib levels starting at the 1.618

For the time being, BAT should trade within the green channel
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