mogues

200% from previous highs🦇🦇BATUSD ready to fly🦇🦇 but not yet.

Long
BINANCE:BATUSDT   Basic Attention Token / TetherUS
Greetings fellow humans
Crypto/ BTCUSDT has had a bit of a struggled in the previous 7 days, not being able to break the 45K resistance point is a bearish indicator for the short term future MATES. In my opinion the bullish sentiment over the previous weeks was purely been due to the geopolitical DRAMA across the world (#istandwithUkraine). Over the next few days-weeks; WE ARE LOOKING AT TESTING 35-36K SUPPORT or continue track sideways between 37-40K range. I cannot see any major indications of a BTC shooting north any time soon.

WHY AM I TALKING ABOUT BITCOIN WHEN MY TITLED ARTICLE IS ABOUT BAT? because Bitcoin's price determines that of all of the ALTERNATIVE COINS.

What is Basic Attention Token (🦇 BATUSD 🦇)
One of many altcoins on the spectrum to potentially go BIZERK when Bitcoin is back in a bullish state. Basic Attention Token (BAT) is the token that powers a new blockchain-based digital advertising platform, a standout within the altcoin space as far as usability goes. The token itself is the unit of reward, and is exchanged between advertisers, publishers and users. It was one of the fastest selling ICOs of 2017 and has since rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.

You can see with the image above provided that there is opportunity in the future for BATUSD to have some major swing, less than 100 days ago BAT price was $1.92, today the BAT price $0.63. That is a 200% change of price action.

BUY ZONES;
#1 $0.60-0.63
#2 $0.52
#3 $0.42

TARGETS;
#1 $0.69
#2 $0.74
#3 $0.79

Remember bitcoin determines price and trend of all altcoins. I am expecting a further pullback in BTCUSDT over the next two weeks, I believe this will be short, sharp & painful. This will give opportunity to purchase cryptocurrencies at a discount price.

Be prepared, nothing is guaranteed, control the controllable.

Mogues
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.