Key BAT Levels (News Driven) 10/5/2017BAT is being driven predominately by news headlines right now as they prepare to launch their Mercury update. The recent sell-off was driven by BAT team announcing that they are only launching a preview on Github (actually works and talks to servers on the blockchain) while the CEO of Brave said it would be launched on 10/6. There are key support levels just below at 53k - 51k SATs and then another one much further down at ~47k SATs. Given launch is expected next week and there is a top tier team behind BAT, I would be accumulating at these levels / if it was to head lower.
Basicattentiontoken
BAT Waking Up Soon - Accumulate now!A bullish ascending triangle is starting to clearly show up on BAT. If BAT is able to break the resitance at 7000 satoshis, we will be heading towards the next resistance at 9000 satoshis!
BAT is releasing "Mercury" on the 6th of October which makes this the ideal time to accumulate BAT for a quick profit. BAT is a solid project by Brendan Eich, the creator of Javascript and Mozilla and I consider it one of the safe long-term holds too.
BUY: 0.00005700
TARGET PROFIT 1: 0.00006950 (22% PROFIT)
STOP LOSS: If we see a full formed candle under the red support line on the daily chart.
You can buy back into BAT once we get a confirmation of 7000 satoshi resistance being broken. You can buy back at:
2ND BUY: 0.00007150 (Once price breaks thru Yellow Line)
TARGET PROFIT 2: 0.00008950
STOP LOSS: 0.00006900
Good luck. Trade at your own due diligence and remember to only invest what you can afford to lose.
BLong
