BAT (Basic Attention Token), PENNANT FORMATION.
Like most of the other coins today, basic attention token is facing a lot of bullish pressure on the market leaving the token just below the $0.30, which in comparison to the USD value whatever is actually one of the highest prices we've seen since its initial release. We may see a slight pullback if the market suddenly drops or begins a bullish movement, however, if you're in this coming for the long-term you're going to make a profit as 2018 is going to be a tremendous year for coins like this. The Pennant formation is indicating an upcoming bullish trend and it should be used to indicate where the price is going to head to next, if we break the resistance we are going to see another movement upwards, conversely, if we break the resistance it will continue to drop.
As always trade the lines accordingly.
- Orange - Resistance.
- Pink - Support.
As always trade the lines accordingly.