BATBTC, above 200MA and ready for a golden cross
Welcome fellow Tradingviewers,
This analyses is only showing you guys my vision on BAT and should not be considered as financial advice. If you agree or find this analyses usefull, dont forget to leave a Like!
We are a huge fan of BAt because this is one of the crypto projects that is already showing real world use-cases. (if youre not familiar with the use case, check: Brave Browser)
A few weeks ago we spotted a great buying opportunity because of the huge MACD and RSI divergences that were seen on the daily and weekly timeframe. Now that we have cooled of a bit from that first run it is time to see if we can go for a second leg up.
BATBTC has been consolidating above the daily 200 MA for almost two weeks now, with the 50MA almost crossing above the 200MA to create a golden cross we are confident that prices will start rising again.
This was a short one, still hope that you guys enjoyed!
KR,
Forallcrypto
This analyses is only showing you guys my vision on BAT and should not be considered as financial advice. If you agree or find this analyses usefull, dont forget to leave a Like!
We are a huge fan of BAt because this is one of the crypto projects that is already showing real world use-cases. (if youre not familiar with the use case, check: Brave Browser)
A few weeks ago we spotted a great buying opportunity because of the huge MACD and RSI divergences that were seen on the daily and weekly timeframe. Now that we have cooled of a bit from that first run it is time to see if we can go for a second leg up.
BATBTC has been consolidating above the daily 200 MA for almost two weeks now, with the 50MA almost crossing above the 200MA to create a golden cross we are confident that prices will start rising again.
This was a short one, still hope that you guys enjoyed!
KR,
Forallcrypto
