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Basicattentiontoken

Bullish cypher and up channel can lead the BAT to $2After the drop since Nov 2019 the bear leg is completed coz this is the point where the Cypher pattern is completed and now we are in the potential reversal zone of this pattern. On 27 of Nov we had a very long bear spike which has hit the bottom of potential reversal zone but the power of Cypher did not let the priceline to breakdown this support. At this point we have four different supports whom did not let the price action move more down and now they are pushing the price action up. 1. Simple moving average with time period of 50 2. Bollinger bands support where the price action has hit after Sep 2019 3. The Ichimoku cloud support 4. And the most powerful support above all is the potential reversal support of bullish Cypher pattern The channel has been changed: Since April 2019 the priceline of Basic Attention Token was moving within a down channel but after hitting the lowest price $0.14660 in Sep 2019 now the priceline has changed its channel and now it is forming an up channel and at the moment the price action is getting bounced from the support of this channel. If we keep hold the token then this channel can lead the price action to $0.50 between 3 to 6 months, but crossing the 50 cents resistance can lead the price action to $2 before the end of 2020. However for short term trade we can buy within PRZ area of this bullish cypher pattern and sell between 0.382 to 0.786 Fibonacci projection of C to D leg of this Cypher pattern as below: Buy between: $0.21094 to $0.18625 Sell between: $0.23047 to $0.27724 Regards, Atif Akbar (moon333)
BLong
by moon333
BAT Weekly LongMACD, RSI, Stochastic RSI and Squeeze Momentum all suggest that Basic Attention Token has upwards momentum and is about to move higher. The brave browser is gaining users by the day while the BAT token is seeing increased adoption across a variety of platforms at an alarming rate. I believe in the product behind Brave and the solution it provides for advertisers. Given the resurgent bullish momentum across the crypto market in recent weeks, I believe anything from .22-.26 is a buy.
BLong
by vincentvanspecs
BATUSD: Reversal Watch - 2-3x Potential on Positive GrowthAnalysis: -Lots of action in a relatively tight range for several weeks now, roughly the $0.20 - $0.16 region. -Alt run in action -Band hits for default KC 1.25 have been a good indicator for reversal (either way). -Volume lulls frequently lead to high volatility periods, and has shown on this chart. -21w ROC has a well-validated buying level at roughly -65%. -A higher low here, especially with 0.236 acting successfully as support, would likely imply a higher high with 0.786 being a likely scenario. This may hint at a long-term reversal for BAT, as it may finally make the switch from LH,LL,LH.... to HH,HL,HH.... Could the growth of Brave browser users and publishers be the impetus for this reversal? With the alt season already running at full steam, it's tough to choose which alt will have the best returns. LINK, BAT, XRP, and several others will be fierce competitors for money pouring out of BTC. Interesting times indeed.
BINANCE:BATUSDLong
by see_are_em
4
BAT BULLISH consolidation bellow resistance ?BAT was during bullish consoldation between 2410 and 2650 sats. Price action: BAT closed above 2650 sats breakout. Major Resistance was double top at 3450 sats. BAT closed above EMA 21,50,100,200 periods Uptrend. Potential Target: 3150 sats. Volume: of buyers increased confirm bullish price action. Indicators: MACD bullish crossover above zero line, RSI above 50 points. Bullish Sign. Pattern: Bullish Consolidation bellow resistance. S/R: Major Support at 2211, Support 2410. Resistance 3150, Major Resistance 3450 sats. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Long
by blockchaintrends
2
BAT parallel channelBAT chart is good because it formed a nice parallel channel. When channel is formed price tend to follow its borders untill they are broken - then it will move into breakout direction. Now price in the middle. Support at 2424, center at 2525 and resistance at 2626 (easy numbers easy to remember). Now you have a roadmap. Follow it. Buy support, sell resistance. Breaking channel down will take price to ~2222 support. Breakout will meed 2727 resistance and then move towards ~2950.
by WiseAnalyze
1
BAT news effect ?BAT jumped after Binance news. "Binance Adds Margin Trading for BAT". BAT price action above EMA 21,50,100,200 Uptrend. Hold above green support trend line. Potential long target: 3150 sats 1.618 fibs level. Price action inside uptrend channel between green support trend line and red resistance trend line. Volume: confirm bullish price action. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Pattern: Uptrend channel. S/R: Support at 2490, Major Support 2350 EMA200, Resistance 2915, Major Resistance 3150. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Long
by blockchaintrends
BATBTC Bullish Divergence|Falling Wedge| EMA Cross Bullish! Hello Traders! Today’s chart update will be on BATBTC, very similar to XRP’s chart which I posted a couple days ago. BAT’s had a falling wedge breakout which is in confluence with a potential bullish divergence. It needs to break major structural resistance to confirm the daily trend change… Points to consider - Visible Bullish Divergence - Price testing major structural resistance - Macro trend change - EMA’s cross bullish - Stochastics projecting upwards - RSI respecting up trend - VPVR showing increasing volume of transactions - Volume overall increasing BAT’s chart is looking extremely bullish as its forming a well-established bullish divergence where price makes consecutive lower lows whilst the RSI makes higher lows. A very key level for BAT to break is the current resistance it’s testing; this area is very strong as it is in confluence with the 1.414 Fibonacci Extension. BAT needs to break current resistance as it will allow it to put in a new higher low, this will confirm the daily trend change which is extremely bullish! The EMA’s have already crossed bullish and is supporting price coming into resistance, this is a very strong indicator for the bulls as the EMA’s have been giving BAT major resistance way back in early May 2019. Stochastics is projecting upwards momentum; technically it can stay in this area for an extended period of time. The RSI is respecting it’s upwards trend, and mentioned earlier, it is clearly diverging from price, which further supports the bullish divergence. The VPVR is showing increasing volume of transactions after structural resistance, if price sustains above resistance despite heavy volume of transactions, then this is considered to be another extremely bullish sign. Volume itself is showing an increase after a long steady decline, this needs to sustain to confirm that the break is an actual break and not a fake out… Overall, IMO this is a very good trade setup if and when BAT breaks this current resistance and puts in a new higher low, confirming the trend change… What are your thoughts? Will BAT test upper Fibonacci Extension levels? Or will price fake out and reject from current level? Please leave a like and comment And remember, “The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
Long
by AzizKhanZamani