Perfect BAT pattern for BAT/USDT - Basic Attention Token - LONG!

Perfect Bullish BAT literally for (BAT) Basic Attention Token




This is what we called a perfect bullish BAT pattern. For this week up until November, it shows a rally trend bullish divergence pattern. Even the BTC will fall below 9k this graph shows a good sign with good volume and resistance.




Verdict:


Perfect Buy and hold long: 0.2300 - 0.2400


Sell: Target 1 - 0.2700 to 0.2900


Target 2  - 0.3 to 0.3500




Always put a stop loss at $0.21 or $0.20




The Bat pattern is a variation of the harmonic pattern Gartley pattern. The outlines of these patterns are the same, the difference is in Fibonacci ratios that define the positions of the main points.




https://www.tradingview.com/chart/BATUSDT/ITqZTrLq-A-Literally-BAT-Perfect-Bat-Pattern-for-BAT-USDT-Token/




Remember: TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)


Disclaimer: This is for educational purposes,it is not intended as a financial advice.


The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.




#Trend Analysis


#Chart Patterns


#Wave Analysis




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