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Weekly forecast Basic Attention Token technical chart
Symbol BATUSD

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.1600 to 0.1481). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.1600)
  • Ending of entry zone (0.1481)

DateFebruary 19, 2024 - 16:48
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 0.2010 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A trough is formed in daily chart at 0.2110 on 02/05/2024, so more gains to resistance(s) 0.2740, 0.3000, 0.3360 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 72.

Take Profits:

  1. 0.1820
  2. 0.1965
  3. 0.2285
  4. 0.2580
  5. 0.3000
  6. 0.3360
  7. 0.4245
  8. 0.4800
  9. 0.5780
  10. 0.8000
  11. 0.9800
  12. 1.3800
  13. 1.6480
  14. 1.9290
Click on the level to view price action history.

Symbol Released Current Forecast
Basic Attention Token (BATUSD) free Mon, 15 Jul 2024
Basic Attention Token (BATUSD) Mon, 8 Jul 2024
Basic Attention Token (BATUSD) Sun, 30 Jun 2024
Basic Attention Token (BATUSD) Mon, 24 Jun 2024
Basic Attention Token (BATUSD) Sun, 16 Jun 2024