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Basicattentiontoken

Consolidation phase for BATBATETH on Binance, 30m After breaking upward near the tip of a descending triangle, we've locked into a consolidation phase with movement going sideways. Remember we must have at least two touches to form a line of resistance or support. Support We've got a solid support line (Green) with six touches, so if it finally does break through downward, I expect quite a bit of a fall before a bounce into an uptrend. Resistance Similarly, we've got two lines of resistance keeping us in the rectangular shaped consolidation phase. The first line of resistance is around 110000, and the second line of resistance around 111900 give or take. If it breaks through the first line of resistance, it will be good to watch how it tests against the second line of resistance. It it breaks through the second line of resistance, we could see some decent movement up. Any time price is moving sideways, getting in on the action feels like a gamble. Sitting on the sidelines and waiting to see if the bulls or bears is going to win is probably the best play right now.
B
by CryptoKujira
Descending Triangle forming for BATETH on BinanceBATETH on Binance, 30m After yesterday's retracement to Fibonacci level 0.786 ( Elliot Wave ABC ), we have a bearish pattern emerging with the formation of a descending triangle (red shaded area). The intriguing parts are the well defined lines of support and resistance for this continuation (sideways) movement. We have two nearly identical highs which form our line of resistance (red horizontal), and six lows which form our line of support (green horizontal). Two possibilities. Watch the candles as they approach the upper trend line of the descending triangle. 1. It it breaks through the line of support (A), look for the bearish trend to continuing and down we go. 2. If we test the support line for a seventh time (near point A), and the bears cannot break through, and additionally we have smaller candles (losing momentum) as it approaches, we might bounce back up and through the upper trend line (top line of triangle). If this happens, we'll need to watch our horizontal line of resistance (red) and see how it tests there again, and re-evaluate. I'm not seeing a clearly defined entry point for going long, or shorting. Thus, I will wait until we have a clearer picture, before choosing my entry point.
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by CryptoKujira
BATBTC SHORT PROFITBuy Price: Green area Profit: Targets Invest Suggestion: 15 Percent Profit Expectations: - 20 - 40 Percent Fundamental Analysis: BAT going to be list in BitHumb in a few hours! Looking at the chart of Bat, we could see a support line growing and we have two new indicators pointing a buy for this coin( i've tested this new indicators together in a lot of coins, 70% of time it generated profit ( 1.40 factor )! Also, i could identify a pattern in this chart, when EMA 13 touch EMA 34 ( from upside to downside ), it raise in the next charts! So, let's profit guys! According the way you trade, sell when you get some profit. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
BLong
by CGCryptoTrader
How To Trade Basic Attention TokenAs you already know I like to take a look at the BIG PICTURE and this is what I did for this post. Even if you are not trading the big swings, I think it is very helpful to know where the price will head in the next couple of month. As you can see we just reached the top again of the sine wave. BAT is trading in this range since it exists, therefore we can say this channel is very strong. This again means the resistance in the red box is EXTREMELY strong and I would not invest into this coin right now. If you hold BAT I would advise you to not be greedy and take your profits now. How To Trade If you are holding BAT look for an opportunity to take your profit If you want to invest into BAT because of the news, that coinbase maybe wants to add this coin to their portfolio, think twice. Look at the picture above. I think it is pretty clear that from a risk to reward standpoint the risk of buying right now is over 9000. My personal plan when I see a pattern like this is obviously to buy at the bottom and sell at the top of the channel. DON'T GET CAUGHT IN THE HYPE! Can it go higher? Sure, but is it likely? Think about your risk to reward at the moment. If you buy now your risk is enormously high and your reward very low. But what if it skyrockets and I miss out? What you feel is FOMO. A very dangerous feeling. If BAT skyrockets wait for the big resistance (because it will come) and then buy back in. I will keep this idea updated and we will see where this journey takes us. If you find this article helpful show it some love. The next updates will come over the next couple of hours/days depending on how much I get motivated by your interactions.
Short
by aamonkey
3
BATBTC SELL/BUY SIGNALSELL ORDER: 0.00003890 BUY ORDERS: 3325, 3350, 3400, 3425 Analysis: - bearish engulfing pattern reinforces historic 4000-4050 resistance level - price below Ichimoku Cloud Senkou A, and soon B support - thin Ichimoku Kumo Cloud gives no confidence of support - the market is exhausted after this rally, people are buying at the top - expect a loss of Kumo Cloud to be extremely bearish, hence the sell order! - piercing pattern support should be considered weak considering exhausted buying - loss of 0.00003597 Fib is not certain, but it will be tested. Expect price to find (temporary) support here. Given the height of this rally I think a retracement below this point is logical - the safe place to buy then is far below the Fib support, near the areas of previous support provided at Morning Star and Piercing Pattern prior pullbacks - the icing on the cake is that the Pitchfork center line near 3300 area is a strong psychological support area and a rally from this point is to be expected image]https://www.tradingview.com/x/ZpbgPaRM/
Long
by zerocashcool
2
BAT Token Making Head & Shoulder Patterns Next Move 80% !!BAT Token are trying to make Head and shoulder pattern then we can take entry into two parts- if fail H & S Pattern then we can take entry 3600 Target will be 4500 ,5000 and 5300 if Complete Makes H& S Pattern then Take Entry 2900 Sell Target Will Be 3600, 4500, 5000 and 5300. Let See......!! What Will be Next Move , i hope that Price can fly from the Given Buying Price.... Share Your Opinion in Comment Box. if You Satisfied With My idea Then Dont Forgot To Hit Like . Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. ThankYou....................!!
Long
by TRADiNG_hub
BAT – BasicAttentionToken – time to relaod – over 40% to be madeHi Guys! Once again congratulations for those who bought at around 3000 st as we made our first analysis. This gave almost 100% profit! Right now it seems we have an opportunity for reloading. Here is why: • Ichimoku Cloud – the chart has broken up TenkanSen with 3 bars over it. • MACD – solid bullish cross. • Weis Volume Wave – supply decreased strongly. All we need is now is stronger demand. • We suggest selling around the level of the last peak which is at around 5900 st. So. That’s it. It should be quite a simple trade. If you like this trade don’t forget to give us a like. In order not to miss the update click follow on our profile. LOTS OF LOVE FOR YOU <3 <3 <3 Massive Hugs WBM Team
BLong
by WBM_Team