BAT Coin: Target $0.28 (186% Profit Potential); Mid Term and then $3.66 (24x Profit Potential) Longer Term...Check out this Analysis!!steemCreated with Sketch.

in #bitcoin7 years ago

SUMMARY

The analysis of BAT (Basic Attention Token) is a bit complex so viewing the video analysis is highly recommended for more fuller scope and details.

The below chart outlines the basic Elliott Wave count. The left hand side red a,b,c was clearly a zig zag where red wave a and c both display five waves. Then an impulse was completed as shown by the blue circled waves i,ii,iii,iv,v. Elliott Waves states that after every five waves, there is a requisite three wave retracement. The right hand side a,b,c red waves display exactly that. The video walks through the details of how best to determine whether wave c is complete or not.

The chart now shows a combination of Elliott Waves with Chart Pattern Recognition. The Bullish Ascending right triangle is quite prominent. The fact that it is showing at a daily scale means big price moves can be probable.

The ascending triangle has purple colored A, B and C waves complete and so that leaves D and E waves. The target for wave D is $0.284 and once E is complete, a sizable impulse set of waves are expected towards $3.66 or so.

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66


Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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Hi Haejin, about a month ago you did a review on Rise (RISE) A PHENOMENAL BUYING OPPORTUNITY IS TO BE HAD!!! could you take a look again please? https://steemit.com/bitcoin/@haejin/rise-analysis-a-phenomenal-buying-opportunity-is-to-be-had

wow. you weren't kidding. this was an entirely new level of education on this one. i'm definitely ordering the books this week!

how are you feeling about SAFEX at the moment? Popcorn I hope!

After five years of Technical Analysis, i thought i was pretty good.
After ten years, I thought I was a hot shot!

Alas, now after 15 years, I realize I'm still improving.

Admire your humbleness!

I love it.
Thanks!

Not to mention BAT has a working product. In the near future, users will be rewarded with BAT tokens. The browser is more efficient, consumes less battery power, limits vulnerabilities... need I say more?

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