BAT/USD - Nice Cup & Handle Formation - Breakout Update!
Performance Report -
Basic Attention Token (BAT) - Cup & Handle
Two weeks ago we identified a nice Cup & Handle formation in the Basic Attention Token (BAT) / USD chart.
We identified this pattern at $0.188 and it broke out from its main resistance level at $0.30 and peaked at $0.37. That's a +102.66% gain!
I hope you guys took advantage of this trade and made massive profits!
UPVOTE - COMMENT - RESTEEM
What things do you like/dislike about the blog? Would you want the posts to be more detailed in a Technical Analysis standpoint or simple and to the point? Did you trade this pattern? How did you do?
Let me know in the comment section below!
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
I hope for 3500 satoshi for BAT, here is my TA https://www.tradingview.com/x/P4WrkIBg/
So far we are in the downtrend
I believe we will maintain the downtrend in the BAT/BTC chart until Bitcoins price stabilizes. It's exponential growth is the factor that drives BATs price downward in BTC.
I'm not shure that BTC price can be stabilized, it's exponential growth can end with the collapse... That's why I want alts start outperform BTC right now, I want to go out of this market untill bubble breaking...
I know what you mean. I love Bitcoin, but at this rate it can burst at any moment. Alts also have a lot of potential --> Steem, IOTA, Sia, and Verge to name a few.
I have only Steem from this list. My biggest position: Golos, GBG, BTS, Steem, ETH, LTC, BCH (sold today), SNT, LSK, NEO, SYS, XLM (sold at 860 (((, MYST, LBC, XVC and more tiny positions.