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karthiksai
Jul 19, 2019 8:35 AM

BAT has bottomed out. Best time to trade all the motive waves Long

Basic Attention Token / BitcoinBinance

Description

Some explanation in the chart. There is tight consolidation going on at the 2300 sats historical support. We do not have a reversal pattern to confirm trend reversal but we only have a huge bullish divergence on daily RSI. This market can make a power move to test 3000 sats strong resistance anytime soon and will be the first elliot wave. Place a stoploss if it were to breakdown. This is the best time to long this trade so you can catch all the motive waves.

I use brave browser all the time and love it. But I didn't trade it till now because it was in a down trend since its ATH. Will be updating this post all along.

Comment

Look out for possible extension of sub wave 3.

Comment

Updated wave counts -
Comments
LuanCeli
Just bought and then you came with this analysis! Nice one :)
karthiksai
@LuanCeli, convergence of bullish traders
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