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Zelma
Apr 29, 2018 11:07 PM

BAT Bull Flag - Possible HUGE Gains Incoming 

Basic Attention Token / BitcoinBinance

Description

Hi guys, welcome to my analysis of BINANCE:BATBTC! Looking at the 4 hr chart, I have drawn a long term Elliott Wave, indicating that BINANCE:BATBTC is on the 3rd wave. Since the beginning of April 2018, BINANCE:BATBTC has made about an 85% gain, and with a bull flag forming straight out of such a large gain, we can expect another very soon. We now see a bull flag forming straight out of a large increase and we see that the volume has decreased to practically nothing and once this bull flag is broken, a large increase in volume should follow. The 4 hour RSI has a support of 42 that has formed. I will be buying into BINANCE:BATBTC once the bull flag is 100% broken and will scrap this trade idea entirely if the price drops below .00004300. Thanks for viewing my analysis on BINANCE:BATBTC, please leave a like, comment, and follow if you found my analysis helpful, I would greatly appreciate it. Happy trading!
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