Nice rounding bottom on a daily. Possibility to unfold into the cup and handle. Bullish.
Btw one of the Grayscales coin in their list of potential trust fund.
Hi fox hope you are well, here I have found another big profit potential trading idea and this time on long term 2 week chart after successful formation of bullish BAT battern the Basic attention token (BAT) has formed another bullish Shark pattern and entered in potential reversal zone to move up.
The Pattern:
Let’s dig the pattern deeper to see how perfect it...
Head & Shoulder pattern:
On daily chart the Basic attention token formed a Head and Shoulder pattern. This move was started on 18th December 2019 and now we can see that after the completion of this pattern the priceline has broken down the neckline and even dropped more down.
A death cross can lead the priceline down:
On the same daily chart 50 simple...
Technical analysis:
. BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.174 to 0.146). if so, traders can set orders based on...
Technical analysis:
. BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.174 to 0.146). if so, traders can set orders based on...
