Simple Technical Analysis on BAT - Basic Attention Token. Seems like a good entry point :)
Today I have decided to do a quick technical analysis on BAT/BTC at Bittrex.com webpage.
It looks like the support is doing quite well and bulls don't let the price to drop more
Additionaly the price is just around 61,8 Fibonacci Retracement line suggesting a good buying opportunity :)
Order book doesn't look bearish, so it is a positive indicator that price may rise at any moment :)
Additionally, big names like Disney and Comcast declared to create their own Blockchain Platform to improve the efficiency of online ADS. Here is a link to article http://www.coindesk.com/comcast-wants-ad-buyers-to-buy-on-blockchain/
As they stated: "This new technological approach would make data-driven video advertising more efficient and consumer data more secure. We’ll work with the participants in this initiative to improve ad planning, addressable targeting, execution and measurement, to ultimately create even more value for the television advertising industry."
This post appeared on official BAT Facebook page so it may be a beginning of something really BIG :)
Thank you for reading. You are the best! :)
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Great post. Thanks.
Solid blog. Interesting to see I'm not the only one that is thinking about this. There's a lot of exchanges out there. I found that coinmarketcap.com gives quite a decent overview. Personally I always use: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. For example: https://www.coincheckup.com/coins/Basic Attention Token#analysis For the Basic Attention Token Analysis