Chart of the Day: Basic Attention Token (BAT)
Usually I curb my excitement when a coin is added to a major exchange because it is not given the chart has a solid setup. Coinbase said their next add is BAT on November 2nd. We have a valid trade setup in this one with 1 of C in place. We just need to see a retrace that holds 24 cents for this to remain valid. That level can be violated, but we'll then likely see BAT seek the lower support region marked 18 cents. So, ideally 24 cents holds in the worse case.
Note that free 15 day trials are available for our trading room and community on Elliott Wave Trader, where I am a full time analyst. You'll rub noses with professional, amateur and traders in the learning process, while getting trade calls and ongoing direction for the market. No credit card is needed for a trial.
Note non of my work, including the larger body of work for subscribers is intended to be a trade recommendation a I do not know your financial means, or risk tolerance. These are valid setups that can provide return, if using tight risk management with stops.
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