Get started

Basicattentiontokenlong

Pitchforks Ready BAT/BTC #basicattentiontoken $BAT #BAT Here we see our BAT BTC weekly chart from Binance . You can see BAT had a massive downside here from last summer. But it's recovering nicely and looks great for upside . You see we have drawn a large pitchfork indicator on this chart and it seems to fit. The top of that first pitchfork line up seems to be near 2600 and that also is where you see that long red line . That's an indicator called a VPVR and there's an obvious area of confluence near 2598 , so this appears to be a target in the near future. You can see our first target area - it's where the black arrow is pointing . The target above that appears to be the .382 fib near 3687 . Above that is our middle pitchfork line near 4600 . Above that is very bullish and targets would be 5859 - that's our .618 fib 6669 - that's our .706 fib 7405 - that's our .786 fib 8700 - that's the top of the pitchfork end of year 2021 thank you for having a look ! And fyi this is technically a Schiff pitchfork , it's one of the free indicators in your left side panel on Trading View.
by shimmeringpath
2
Why Basic Attention Token Is Getting More Bullish Than BitcoinHi friends hope you are doing well. Today will do technical analysis on the Basic attention token and we will also see the reasons why the BAT token is turning more bullish than Bitcoin. Today's article will also help us understand whether to invest in Bitcoin is more profitable or in BAT token is more beneficial. Harmonic move of BAT token: First of all I would like to recall the harmonic patterns that were formed by the BAT token and the Bitcoin on the long term charts. If we take a look at the Basic attention token then on 16th of March I published an article where I revealed that BAT token has formed a complete bullish Shark pattarn after the successful formation of BAT pattern. And as per Fibonacci sequence I predicted that the BAT token should move up between $0.193 to $0.28. And we have witnessed that price action took bullish divergence from the potential reversal zone and produced more than 124% profit. Harmonic move of Bitcoin: On the other hand I also posted an article on the Bitcoin as well where the Bitcoin had formed a very big bullish Gartley pattern on the monthly chart. And as per Fibnoacci sequence of Gartley I predicted that the BTC should move up between $8650 to $12000. And finally the price action took a powerful bullish divergence from the potential reversal zone and produced almost 50% profit. This profit ratio is almost less than have of the profit that the basic attention token has produced. Falling wedge pattern of BAT token: Now if we switch to the weekly chart then we can see that the Basic attention token has formed a falling wedge pattern. After hitting the support of the wedge it has taken a very powerful bounce and reached up to the resistance. Here I have also placed the volume profile on the complete price action moving within this wedge and we can see that below $0.17 there is very e weak interest of the traders therefore when the price action moved down than this level It moved up again. There is another positive indication that the bollinger bands is above the resistance of this wedge pattern, therefore it will be easy for the priceline to break out the resistance of the wedge. Down channel of Bitcoin: On the other hand the Bitcoin has also formed a down channel on the weekly chart. And when the basic attention token was getting bounced from the support of wedge at the same time the Bitcoin also got a strong bounce from the support of the channel and reached up to the resistance. I've also placed the volume profile on the complete price action within this channel and we can see that the traders interest is very low below $6800. Therefore when the price line moved below than this level it moved up again and reached at resistance. The bollinger bands on this chart is also above the channel resistance, therefore it will be easy for the priceline of Bitcoin to break out the resistance. SMAs of BAT token on daily chart: Now let's move to the daily chart and here 1st we will take a look at the basic attention token. Here I have paced the simple moving averages with the time period of 25, 50, 100 and 200 and we can see that the priceline has crossed up all these for simple moving averages. And now price action moving at the support of 200 SMA. The 50 simple moving average is moving up to form the golden cross with 100 then 200 SMAs. When the 50 SMA will form the golden cross with 200 simple moving average then many traders can be attracted to buy Basic attention. Because this golden cross between 50 and 200 SMAs is considered as a strong buying signal. Therefore after this golden cross we can expect more powerful bullish move. SMAs of bitcoin daily chart: On the other hand if we watch the Bitcoin daily chart then after crossing up all the simple moving averages the Bitcoin went at very far distance from simple moving averages. And at this time the price action of BTC has the support of 25 simple moving average. That is not as that much powerful support as the basic attention token has. Therefore there are chances that the BTC may breakdown the 25 simple moving average and drop at the 200 SMA support that is at $8000. However there is another possibility that the Bitcoin will turn bullish from the 25 SMA and move more up. But we can have an idea that the moving averages on the BTC chart has formed more golden crosses than Basic attention token, so when the moving averages on BAT token chart will form the due golden cross then it can turn more bullish than Bitcoin. The exponential moving averages: If we watch the exponential moving averages then the BAT token dropped between EMAs 10 and 21 and at this time it is likely to take it bounce and moving above the exponential moving average 10. On the other hand if we watch the BTC chart that the Bitcoin is still moving between EMA 10 and EMA 21 and facing the resistance EMA 10. This is a significant because if price action of BTC will be broken down then Bitcoin can start bearish move upto $8000 where we have 200 simple moving average support. But if the Bitcoin will continue its sideways move between these two EMAs then soon the BAT token will ignore the Bitcoin’s sideways move and it will turn more bullish as it is already getting bounced from EMA 10 and 21. Similar channels on daily chart: On the daily chart the BAT token and the Bitcoin both have formed a similar up channels. Both currencies started this channel in March 2020. But at this time we can see that the Basic attention token is moving up after hitting at the support of the channel, but on the other hand the Bitcoin is still moving sideways with the support of earth channel. And again there is a possibility that if the Bitcoin will continue to move sideways with the support of the channel then Basic attention token can ignore this sideways move of the BTC. And it can reach up to the resistance of the channel very soon. Let’s talk about the support and resistance of BAT token: Now I would like to show you different long-term support and resistance levels on the weekly chart. As have seen that after the recent strong bearish move the BAT token got bounced from the lowest support of 15 cents. Now the price action is stuck at the resistance of $0.20. This is not very powerful resistance as we can see that when in August 2019 the price action breakdown $0.20 support level then only 5 candlesticks moved sideways then the BAT broke out this resistance level very easily then we have also witnessed in the month of December only four candlesticks moved sideways and finally the price action broke out this resistance level again. And this is for the 3rd time we are having sideways candlesticks at this resistance level. Therefore I am expecting that the priceline can break out this resistance very soon as it has been doing in the past. Then Basic attention token has next resistance level at $0.28. That is not broken out since after it has broken down this level in the month of July 2019. Once this resistance level will be broken out then we will have a final key level resistance at 43 cents. And once this ki level resistance will be broken out then the Baton can try to achieve the highest price ever in the history of basic attention token that can be up to $2 or beyond on long term. Conclustion: Even though the Basic attention token is embracing the bullish and bearish signals of the Bitcoin. But after receiving the bullish signals it is turning more bullish than Bitcoin, even if the BTC moves sideways the BAT token is making upward moves. Therefore if the BTC will be not dropped then Basic attention token can produce more profit than Bitcoin on the short-term and on the midterm charts. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
2
BATUSDT formed big bullish Shark | Upto 144% move expectedHi fox hope you are well, here I have found another big profit potential trading idea and this time on long term 2 week chart after successful formation of bullish BAT battern the Basic attention token (BAT) has formed another bullish Shark pattern and entered in potential reversal zone to move up. The Pattern: Let’s dig the pattern deeper to see how perfect it has been formed. After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.886 to 1.13 Fibonacci and now entered in potential reversal zone. Even though the priceline has hit the spike beyong the PRZ level but now retraced back and entered in PRZ area again. Buying And Sell Targets: The buying and sell targets according to harmonic Shark pattern should be: Buy between: $0.1492 to $0.1136 Sell between: $0.1931 to $0.2778 So this trade can produce upto 144% big profit. Stop Loss: The potential reversal zone area which is up to to $0.1136 can be used as stop loss in case of complete candle stick closes below this level.
Long
by moon333
Basic Attention Token | Be Ready For A Roller Coaster MoveHead & Shoulder pattern: On daily chart the Basic attention token formed a Head and Shoulder pattern. This move was started on 18th December 2019 and now we can see that after the completion of this pattern the priceline has broken down the neckline and even dropped more down. A death cross can lead the priceline down: On the same daily chart 50 simple moving average formed a golden cross with the 200 simple moving average on 9th February 2020. After this golden cross the traders had expectations that the priceline of Basic attention token will start more powerful bullish rally. After this golden cross the BAT token has hit up to $0.3221 and after that the price line started dropping. Then after 14th of February up till so far we can see the priceline is bearish. Now the 50 simple moving average again started moving down to form the death cross with the 200 SMA. And today we can see that 50 simple moving average is touching the two hundred simple moving to cross down for the completion of this death cross. And this bear cross can lead the pipeline again more down. Bullish Shark formation can again lead the BAT token to drop again: There is another very strong indication being appeared signaling towards bearish move. And that is the priceline is likely to complete a bullish Shark pattern. We can observe that the initial leg was started on 13th March 2020 and after the completion of first leg on 20th March 2020 price action is retraced between 0.382 to 0.618 Fibonacci level and this is the 1st confirmation of Shark. Then the priceline is projected between 1.13 to 1.618 Fibonacci projection of A to B leg and this is the second confirmation of bullish Shark. Now we can expect that the final leg will be formed as required for the bullish Shark pattern and the priceline is expected to be retraced between 0.886 upto 1.13 Fibonacci level. In this case we can expect the drop upto $0.0888 to $0.07. This area would be the potential reversal zone of this bullish Shark. And from this area we can expect a bullish divergence that can help to end up the bearish move that was caused by the Head and Shoulder formation and the death cross of 50 simple moving average with 200 SMA on daily chart. On long term we are still bullish: But if we see on the long term then this bearish move on daily chart will not affect the expected long-term bullish move of Basic attention token. If we see on weekly chart the basic attention token has formed a falling wedge pattern and it has already hit at the support of this wedge on the candlestick that was opened and closed on 9th March 2020. In case of the completion of bullish Shark pattern that is being formed on daily chart we can have another touch at the support of this wedge even we can expect is a spike beyond the support like we had on 9th March 2020. But it will be not possible for the price line to breakdown the support of this falling wedge because if we see the volume profile of the complete price action moving within this falling wedge then it can be clearly observed that the traders are not interested to trade below $.135 and the point of control level of volume profile is at $0.19. Therefore the price action can move up at anytime at least up to the POC level of this volume profile. And we cannot expect the breakdown of the support unless the trader’s interest would not be developed below the support of this pattern. A very big bullish Shark is still in play to produce bullish divergence soon: And if we switch to 2 week chart then a very big bullish Shark pattern is still in play that I have already shared with you in my previous posts. According to this Shark pattern we are already moving in the potential reversal zone of is Shark pattern that has been formed on this 2 week chart. But if the price action will move upt $ 0.0888 to $ 0.07 for the completion of the smaller bullish Shark that is being formed on the daily chart then we can have only a spike beyond the potential reversal zone of this big shark that has been formed on the 2 week chart, Like we already have seen on the candlestick that was opened and closed on 2nd March 2020. Conclusion: On short term and midterm the Basic attention token can face bearish move upto $0.0888 to $0.07. But on long term the BAT token will be still bullish unless the priceline will not break down the support of falling wedge that has been formed on weekly chart.
Long
by moon333
4
BATUSDT formed bullish Butterfly | Upto 24% moveA formation of harmonic bullish Butterfly pattern: This time on daily chart Basic Attention Token (BAT) with Bitcoin pair has formed bullish Butterfly pattern and entered in potential reversal zone and ready to move up at any time. Even though after visiting the buying area the pricline of BAT has already hit 2 times in sell zone but MACD is still turning bullish therefore I am expecting that the price action of Basic attention token will again take powerful bullish divergence to enter in sell zone. Let’s dig the pattern deeper to see how perfect it has been formed. After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 01.27 to 01.618 Fibonacci and now entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern should be: Buy between: 0.00002223 to 0.00002086 sats Sell between: 0.00002329 to 0.00002587 sats So this trade can has capacity to produce upto 24% good proit. Stop Loss: The potential reversal zone area that is up to to 0.00002086 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
Long
by moon333
BATUSDT formed bullish butterfly | Upto 35% move exptectedPreviously I have posted chart where the price action of Basic attention token formed a bullish shark pattern. And at that time the price action was moving in the potential reversal zone of this harmonic pattern. And at that time I was expecting up to 90% profit but the price action took a powerful bullish divergence and produced more than 102% profit. Another Harmonic Move Now this time the price action of Basic attention token has formed another bullish harmonic pattern and this time it is bullish Butterfly. And this is another awesome opportunity to earn more profit. This time the profit probability is up to 35%. Let's dig this pattern deeper to see how perfectly this pattern is driven: The first leg was started from 16th to 18th Feb 2020 and after that the next A to B leg is retraced between 0.618 to 0.786 Fibonacci levels, then B to C leg is moved up to the Fibonacci projection level between 0.382 to 0. 886 Fibonacci and that is the Fibonacci projection of A to B leg. Then C to D leg is retraced between 1.27 up to 1.618 Fibonacci levels and now the formation of bullish butterfly is completed here. At this time the priceline is entered in the buying zone and we can place our buying orders in this area. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern should be: Buy between: $0.2205 to $0.1994 Sell between: $0.2340 to $0.2707 Stop Loss: The potential reversal zone area which is up to $0.1994 can be used as stop loss in case of complete candle sticks closes below this level. This idea is for short and mid term traders not a long term idea, I will be keep posting more trading ideas.
Long
by moon333
BAT can breakdown the support to complete the BAT patternA Recap: In my previous post we have see that the Basic Attention Token had found the resistance at: $0.1959 and support at : $0.1487 and this support was not broken since 29 Aug 2019 when the price action took drop more than 29% upto $0.1326 but failed to breakdown this support. And after finding this firm support the price action was moving sideways above this support level since Aug 2019 to Dec 2019 and in the meanwhile the price action was hitting the upper band of Bollinger bands and the mouth of bollinger bands was expanding and moving up and Relative Strength Index ( RSI ) was oversold up till 18 Dec and was turned bullish and Moving average convergence divergence ( MACD ) was turned strong bullish. The Directional movement the +DI has crossed up -DI and ADX is above 29 level and giving strong bullish signals. And upto 12hr chart the Ichimoku cloud was turned bullish and lagging span of ichimoku cloud had crossed up the priceline and the price action also crossed up the bearish cloud on the other hand the chop zone had also given strong bullish signals by turning bullish. On daily chart simple moving averages were also expected to form an open Alligator’s mouth and with all these bullish signals the price action also formed a bullish Shark pattern and entered in potential reversal zone. Based on all above indicators I predicted that the priceline of BAT token will now breakout the $0.1959 resistance and it will hit the next resistance at: $0.2695 Now What Next? : Retesting The Previous Resistance As Support: Now we can see that the price action not even broke out the $0.1959 resistance but also has broken out the $0.2695. From this level the Basic attention token was expected to retest the recent broken resistance as support and move up to next resistance level at $0.4067 as the BAT token did after breaking out the previous resistance level of $0.1959. But this time while retesting the recent broken resistance as support the candle sticks are likely to cross down this support or retesting is being failed. This candle stick is the make or break for Basic attention token because if this support will be broken down than the price action may move more down to retest the previous resistance level at $0.1959, in this situation the coin will loss 39% of its value from the recent high of $0.3221. But in case the sell will be stopped here and price line will not breakdown this support then we may see the price action to move to next resistance level at $0.4067 and after this resistance level will have only one and final resistance at $0.4493 and if this final resistance will be broken out then the Basic attention token can start a very powerful rally to make new high that will be highest price ever in the history of BAT token. A Formation Of Bullish Harmonic Pattern: If we see the short term 4 hour time period chart then the price action is forming a bullish BAT pattern and at this time the final leg C to D is being formed the dimensions of this pattern is as below: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is almost projected between 0.382 to 0.886 of A to B leg's Fibonacci projection (here I have ignored extra spike coz all other legs are perfectly driven) now the final (C to D) leg should be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT pattern and then the price action will be entered in potential reversal zone of this bullish BAT pattern. As per above pattern we can see that the situation Is still in favor of bears unless the previous support of $0.1959 won’t be retested because the potential reversal zone goes very close to this support however the formation of this pattern is also a hope that the price action may not break down the previous support. Long Term Perspective: As on 26th Oct 2019 I posted an article where I revealed that the price action of Basic attention token has formed a big bullish BAT pattern on long term week chart and at that time the price action was in potential reversal zone of this big bullish BAT: Based on this pattern and some other bullish signals I predicted that the price action may hit the price level between: $0.28328 to $0.42727. Then from Dec 2019 to Feb 2020 the price action started a bull rally and gained more than 110% value. Here if we see the 0.786 Fibonacci projection of this pattern then it is at $0.42727 which is very close to its final resistance and at this time the priceline has already hit the 0.50 Fibonacci projection if the price action moves more up from here to breakout the 0.786 Fibonacci level then the Basic attention token will definitely breakout the final resistance as well to make all time high.
by moon333
BATUSDT found resistance |all indicators,patterns are bullishOn day chart the price action of Basic Attention Token (BAT) has found $0.1959 and resistance at $0.1487 this support of 0.1487 dollar was found 29 Aug 2019 when the price action took drop more than 29% upto $0.1326 but since then the priceline could not break down this support. Sofar this support has been found very firm therefore we can expect a breakout form here or more sideways move at this level for some more time. Indicators and Oscillators: Price action is hitting the upper band of Bollinger bands and the mouth of bollinger bands is expanding and moving up. Relative Strength Index (RSI) was oversold up till 18 Dec and now bullish. Moving average convergence divergence (MACD) is strong bullish. And if we see the Directional movement the +DI has crossed up -DI and ADX is above 29 level and giving strong bullish signals. On 12hr chart the Ichimoku cloud is turned bullish and lagging span of ichimoku cloud has crossed up the priceline and the price action has also crossed up the bearish cloud on the other hand the chop zone has also given strong bullish signals by turning bullish. Moving Averages: If we see the simple moving averages with time period of 25 50 100 and 200 the we have the same position as we had in Sep 2019 the order of moving averages was as: 25MA was below all then we had 50MA then 100MA and then 200 simple moving average was above all then on 3rd Nov 2019 a complete alligator mouth was opened which was formed with 25MA , 50MA and 100 simple moving average but 200MA was not able to be the part of this alligator mouth and the price action turned bullish and hit the $0.2784 which was the highest point since Sep 2019 to the date of writing. The moving averages are likely to make the same move and 25MA has crossed down the price action and pushed the candles sticks up now the price line has hit the 50MA and 50MA is likely to cross down the price action soon and this will also lead to the golden cross between 25MA and 50MA then a strong bullish divergence can push the price action more to cross up the 100SMA and then the price action will hit the 200SMA and if the price action will be able to cross up the 200 simple moving average then we can see a complete alligator opened mouth between all these simple moving averages and the price action can hit the second resistance level at $0.2695 and if this resistance level will be broken then a strong bull run can be observed. The Harmonic Move: In my previous predicted that Basic Attention Token has formed the Shark pattern and it will hit the projection area of 0.382 to 0.786 Fibonacci of C to D leg of this Shark pattern and below was the article: Now you can see sofar the price action has taken the bullish divergence form the potential reversal zone of this Shark pattern and entered in this projection zone as I predicted Alhamdulillah and sofar it has produced more than 25% gains this is a very positive signal but we need a breakout the 0.786 Fibonacci projection level in order to start a real bull run and as we have see above all signals from moving averages and indicators are turning bullish so it is really possible So guys be ready I hope this prediction will be full filled soon as my previous article however if you have any suggestion and ideas you can share in comments section with me. Thanks and Regards, Atif Akbar (moon333)
Long
by moon333
There is a possibility for the beginning of an uptrend in BATUSDTechnical analysis: . BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 33. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.17400 to 0.14600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.17400) Ending of entry zone (0.14600) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.2200 TP2= @ 0.2700 TP3= @ 0.3145 TP4= @ 0.3640 TP5= @ 0.4530 TP6= @ 0.5300 TP7= @ 0.6660 TP8= @ 0.8010 TP9= @ 1.2385 TP10= Free
BLong
by ForecastCity
6
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
BATUSD has completed bullish setup | The BAT may hit beyond $2Despite the Basic Attention Token has very strong fundamentals and real use cases on different platforms we will only see the pure technical analysis in this post. 1st breakout and setup of initial leg: The price action was moving within a pennant since Mar 2018 and its last hit the support of pennant was On Feb 2019, this was the initial setup of X to A leg of BAT pattern and the price action broke out the pennant resistance on Mar 2019 exactly after a year of the date of entrance in the pennant . Formation of bullish BAT pattern: After hitting $0.50 the price correction period started and the priceline dropped down to retest the resistance of the pennant as support but the bulls took over again did not let the price action hit the pennant resistance again in the meanwhile the priceline formed a complete bullish BAT pattern as A to B leg was retrace upto 0.50 Fibonacci then B to C leg projected between 0.382 to 0.886 Fibonacci and then C to D leg retraced up to 0.886 Fibonacci, this movement of the price action was perfect as required for BAT pattern . Now the price action was supposed to take bullish divergence from this potential reversal zone which it has almost taken and now it is moving up. The indicators and oscillators: Stochastic has given bull cross from oversold zone and strong bullish . MACD is turned weak bearish form strong bearish and now turning strong bullish soon just wait for bull cross from the MACD its mean that MACD is clearly indicating that the real game is not started yet, it will begin after when the MACD will be turned strong bullish . Volume oscillator is moving up and this time it is assigned to bulls. Price action went very close to lower bands of Bollinger bands but did not hit at the support ever, but this time in Aug 2019 price action has hit lower bands 1st time ever in the life of Basic Attention Token and bounced form this support. The moving averages: In above figure you can see in Mar 2019 the exponential moving averages EMA 10 and EMA 20 both moving averages crossed down the priceline one after another and lifted the price action up and formed a golden cross which produced a powerful bullish divergence same as like that now again EMA 10 and EMA 20 crossing down the price action and expected to form a golden cross soon which will again produce a powerful bullish move. On day chart in Mar and April 2019 the golden crosses between simple moving averages MA 25 , MA 50 , MA 100 and MA 200 completely formed, and alligator mouth was opened which produced massive bull move same as like that again these simple moving averages are opening an alligator mouth you can see in above figure. The trade volume: The volume profile of complete pattern is showing traders interest is very weak at potential reversal zone level and after consolidation the priceline is now moving up and priceline can easily hit the POC level of volume profile . Volume indicator is also showing that trading volume is also very low during consolidation period. After getting confirmed from all indicators, moving averages , oscillators and patterns if we place the Fibonacci sequence method to confirm the buying and sell targets then technically the price action should move between below price range: Buying zone: $0.14712 to $0.23280 sell zone: $0.28328 to $0.42727 But the real bullish setup is just completed on Basic Attention Token with Bitcoin pair's chart which can take the priceline above $2: On July 28th I shared the chart of Basic Attention Token / Bitcoin where the price action has completed a big bullish Cypher pattern on 2 month chart and entered in potential reversal zone. If you see above chart then the game is not started yet, it has just formed its setup and ready to produce upto 287% profit. On this chart the volume profile is showing very weak interest of traders at PRZ or potential reversal zone level and we have a very strong support at 0.00002125 sats which is not broken since Mar 2018. So when on this chart the price action will start bull move then it can be very powerful bull run coz this is the pattern on 2 month chart, but going above the $2 price is subjected to the BTC price if the Bitcoin will move above the $20K then definitely the Basic Attention will move beyond 2 dollars. Regards, Atif Akbar (moon333)
BLong
by moon333
BATBTC has completed cypher pattern | Upto 287% profit expectedThe priceline of Basic Attention Token has formed a compete cypher pattern on two month chart. Now the price action of this cryptocurrency has entered in potential reversal zone and hits at 0.00002019 sats strong support and ready to hit the sell targets insha Allah. Volume profile is showing very low activity of traders here which is favoring the bullish move from here. MACD on week chart turned weak bearish from strong bearish since after may 2019 and also first Heikinashi bullish candle appeared on week chart since after April 2019 as below: The targets are: Buy between: 0.00003593 to 0.00002019 Sell between: 0.00004839 to 0.00007820 Best of luck and regards, Atif Akbar (moon333)
Long
by moon333