✴️ Basic Attention Token Cup & Handle, Ultra-Bullish Setup
Basic Attention Token (BATUSD) went through the same pattern as all the other Altcoins, that's the 1,2,3,4 Steps Pattern.
This pattern ended in a classic Cup & Handle that is already breaking upwards leading to an ultra-bullish chart setup.
Why is this chart setup ultra-bullish?
BATUSD currently trades above its November 2022 low, the last major low that needed to be conquered.
The current price also trades above EMA50 with bullish indicators.
With the Altcoins market being bullish as a whole, these are really strong signal as no resistance remain.
The doors are open for a major bullish wave. Notice how steep the climb was in Jan/February of this year... We can see something similar leading to higher highs.
Bottom line: Huge growth potential.
Namaste.
This pattern ended in a classic Cup & Handle that is already breaking upwards leading to an ultra-bullish chart setup.
Why is this chart setup ultra-bullish?
BATUSD currently trades above its November 2022 low, the last major low that needed to be conquered.
The current price also trades above EMA50 with bullish indicators.
With the Altcoins market being bullish as a whole, these are really strong signal as no resistance remain.
The doors are open for a major bullish wave. Notice how steep the climb was in Jan/February of this year... We can see something similar leading to higher highs.
Bottom line: Huge growth potential.
Namaste.
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
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