BINANCE:BATUSD   Basic Attention Token / US Dollar (calculated by TradingView)
Hello Traders!

Let's keep it short and simple.

BAT was moving in consolidation, forming a symmetrical triangle. It seems that it already breakout from it, and the target price could be around 0.26 USD.

:::Daily Technical Analysis Facts:::
- 200MA still works as a strong support for the price.
- 200MA and 50MA about to cross forming the golden cross.
- MACD is pointing up now, and seems to confirm the trend.

:::Weekly Technical Analysis Facts:::

- BAT has been moving slowly but consistently on an upwards trend over more than 10 weeks now.
- MACD continues to be bullish .

:::Fundamentals:::
- The growing base of Brave, the browser where you can get tokens for seeing ads might increase its value as more companies will try to advertise with the browser.
- Brave has an encrypted video call service, that might grow its base even more.

:::Conclusion:::

- Indicators looks bullish on the Weekly and Daily analysis .
- Possible price of 0.26 USD next month.

As always, this is not financial advise, do your own research.

:::Please let me know what do you think, feedback is always appreciated:::

Trade active: Target reached, and trade continues