shimmeringpath

Pitchforks Ready BAT/BTC #basicattentiontoken $BAT #BAT

BINANCE:BATBTC   Basic Attention Token / Bitcoin
Here we see our BAT BTC weekly chart from Binance . You can see BAT had a massive downside here from last summer. But it's recovering nicely and looks great for upside . You see we have drawn a large pitchfork indicator on this chart and it seems to fit. The top of that first pitchfork line up seems to be near 2600 and that also is where you see that long red line . That's an indicator called a VPVR and there's an obvious area of confluence near 2598 , so this appears to be a target in the near future. You can see our first target area - it's where the black arrow is pointing . The target above that appears to be the .382 fib near 3687 . Above that is our middle pitchfork line near 4600 . Above that is very bullish and targets would be

5859 - that's our .618 fib
6669 - that's our .706 fib
7405 - that's our .786 fib
8700 - that's the top of the pitchfork end of year 2021

thank you for having a look ! And fyi this is technically a Schiff pitchfork , it's one of the free indicators in your left side panel on Trading View.

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.