BASIC ATTENTION TOKEN [BAT] has settled a nice trading configuration

toofasteddie (70)in #cryptocurrency • 6 years ago (edited)

Nowadays, this is one of the TOKENS in the cryptosphere which I see has more potential to begin a BULL RISE in short term.

Just as a short introduction:

BAT is a utility token for a new, blockchain-based digital advertising and services platform. Brave is a privacy-focused, secure web browser that blocks ads by default and provides surfing speeds up 7x faster than its competitors. Brave currently runs an experimental automated and anonymous micro-donation system for publishers called Brave Payments. The BAT platform will absorb the Brave Payments ledger, which will migrate from Bitcoin micropayments to BAT microdonations in the near future. The platform will further extend this work into advertising. Users have the choice of whether or not to opt-in to see ads, which use a separate open source component. When users opt-in to receive ads in the platform, ads will be privately matched to their interests and anonymously confirmed. Publishers are rewarded accordingly with tokens. The user remains anonymous to all parties. Users who opt-in will also get a share of BATs and can use them on premium products, donate them back to publishers, etc. Source

I have been experimenting with the the Brave Browser and, despite some small bugs I found, looks to me excellent, fast and private.

Basic Attention Token is gaining popularity and current Market charts show a very positive set-up for a BULL RUN:

4h- BAT-BTC chart:

Long term Symmetrical Triangle with respective rebounds on Long Time up and down trend lines.

1h-BAT/BTC Chart:

Again, Triangular pattern, rebounding on a-b-c-d-e.

So now seems a good moment to put some "ATTENTION" on BAT.

But first of all let's wait to see which side of the triangle BAT will pass through.

If it's the upper blue line then the possible entry would be around 3800 Satoshis
Stop Loss at 3600 Sat
1st Profit Target area around 5000 Sat (TEST of the Long Term Resistance at the Chart) (+35%)

Enjoy Cryptoland!

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

#bat #bitcoin #trading