RizeSenpai

BAT Looks Very Likely to flip ETH Very Soon

Long
COINBASE:BATETH   Basic Attention Token / Ether
I uploaded a huge weekly bullish shark pattern on this pair from the Binance chart a few weeks ago that can be seen in the related section and it's since gone up 100 percent and has much more to go. Now i want to share a different bullish perspective on the Coinbase chart. We are in a big falling wedge pattern and double bottoming with divergence waiting to break above the 55 week moving average and breakout of the wedge.

BAT/ETH has looked especially bullish but this is not the only pair with bullish signals and patterns against ETH, many alts have bullish eth setups right now it's just that BAT stands out more than the others and may perform better than the other due to just how big everything is.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.