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elefante

Basic Attention Token ($BAT) is going to get some attention.

Long
Basic Attention Token / Bitcoin (BINANCE:BATBTC)  
elefante Updated   
BINANCE:BATBTC   Basic Attention Token / Bitcoin
Technical Indicators Trend Analysis Harmonic Patterns Bat basicattentiontoken BATBTC batusd invertedheadandshoulders
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indicator trendanalysis harmonicpatterns batpattern basicattentiontoken batbtc batusd invertedheadandshoulders
BAT is currently forming right shoulder of inverted H&S pattern.
Potential entry point is 3341 sats (break of the neck line).
With two potential target profits:
1. 4194 sats
2. 5113 sats

Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
Comment:
$BAT is approaching neckline level and looks quite bullish (on both daily and weekly MACD) however it may retrace before a potential break out attempt. Enter position carefully with both take profit and stop levels in mind.
Good luck!
Comment:
It a short/mid term i'm cautiously bullish on $BAT it reached RSI, MACD and price level support on daily chart which might mean that it's going to keep upward movement.
snapshot
Comment:
Even though Inverted H&S pattern technically has not failed and still valid it might take more time then expected. In the meantime you can check out other BAT idea
$BAT broke out of the falling wedge

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