Hello, dear members of LeoFinance!
Today, I want to comment on the price chart of Basic Attention Token.
In the 1-hour chart (1H), BAT/USD is forming a Bullish Flag:
Bullish Flag is a classical trend continuation pattern. Therefore, chances are high that BAT/USD will exit the flag in the upward direction. If it happens I will enter the market in the way illustrated in the chart.
To be continued ...
As of the time of writing, one BAT costs $1.12 on the Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years and as a cryptocurrency analyst for the last almost 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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