ellevationtrading

Time to start paying Basic Attention to BATUSD

BITFINEX:BATUSD   Basic Attention Token
BATUSD has long been on my radar, but its failure to breach long term descending trend line resistance has always stopped me from doing anything other than buying on support between $0.1300/0.1600 and playing the range.

After the news that coinbase Pro is adding support for the token we have now taken out that bogey level and the story for me is changing for the better!

Already ripping 25% higher as the story broke, you can be forgiven for being skeptical of jumping in here. In my mind there is still huge upside POTENTIAL and I have highlighted the areas that should be in play over the coming weeks.

Resistance: $0.4345
$0.5473
$0.6904

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.