Basic Attention BAT - Huge breakout soon! + Head and Shoulders

٨ أغسطس ٢٠٢٢

• BAT successfully completed an ABC correction from the last impulse wave and is potentially prepared for another massive impulse wave to the upside!
  
• The chart is printing a local inverse head and shoulders, bullish reversal pattern, and we are really close to a breakout.
  
• This can be a good breakout trade above the head and shoulders + trendline (channel).
  
• The first profit target is below the all-time high, because I think we will need more time for a possible consolidation here, and then we can go much higher.
  
• The price is still below the key level of 0.444 USDT, so we still need a confirmation from the bulls.
  
• I recommend buying a breakout at a new swing high (0.4595 USDT).
  
• I expect tremendous gains for selected altcoins. You can find them in the related section down below.
  
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