Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain.
The token can be used to obtain a variety of advertising and attention-based services on the Brave platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.
The BAT token quoted to Bitcoin BATBTC shows the typical behavior of market participants consisting in pumping the price (PUMP) and then its rapid discharge (DUMP). Nevertheless, one can notice something like the upward trend that recently hit 161% Fibo at 0.000058 and is currently in a downward correction phase (DUMP). The most important short-term is currently 0.0000033, which should stop further declines. Otherwise, the next Dump cycle (DUMP) may extend up to and from 0.000025 - 0.000020.
TREND and IMPORTANT LEVLES:
Main trend: UP
Indirect trend: NEUTRAL
Daily trend: DOWN (price in correction)
for further increases - level 0.000040 and later 0.000048
consolidation/correction zone-level 0.000033
for the continuation of falls - level 0.000033 and later 0.000025
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