Bat is in a Excellant Buy ZoneHello Traders,
Basic Attention done a pullback to its downtrend line and now is just above an strong support level in a excellent buy zone. Its expected that the price goes to the Fibonacci projection with an excellent profit.
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Batbitcoin
BAT | 2020 Price Prediction: Found Bottom? When you look at the price action in $BAT has started a rally in Dec 2017 and followed by the "accumulation period" from April 2018 to January 2019. Accumulation was followed by an expansion to clear equal highs followed by a reversal in April 2019. We had some distribution period well known as a downtrend.
Question is here: Is BAT bottom in?
Retested weekly support, followed with expansion and last week lasts expansion 62% retraced. If price can hold above 2440 I can see next targets 3892 sats which is from this point another 50% gain, important level for my eyes weekly is 5025-5778 sats where you should take all your profits from swing long. Why? Look at important pivot which has been many times resistance and was broken only once for some weeks and price immediately went below this important level again. That's why I expect big pressure in terms of sell pressure in this area so you should take profits here as well.
Summary:
- found a bottom in 2019
- Crossing for the first time on weekly DMA 150 + 200 DMA (last time it has crossed was on Feb 2019 followed by 150% gain)
- the re-tested latest expansion,
- expecting to challenge 2915 sats soon if it breaks then 3892 sats and
- the final long term destination in 2020 is 5500 sats
This is a weekly view so take on mind that all outlined targets will not probably hit overnight.
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PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
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BAT ANALYSIS (EXPECT HANDLE TO COMPLETE!)BAT ANALYSIS
BAT recently corrected down to the 200 MA and held it, which is generally a bullish case. In addition, BAT is currently forming a handle on the right side as shown in the chart. The only concern is the high rise daily wick that rejected at T1. Considering the 50 MA is holding and Stoch flipped bullish I expect a re-attempt at T1 of 2700 sats. When this breaks, look for T2 at 2860 and T3 at 3100 sats. By T3, the handle will have formed and I would recommend a full exit of position, if you dont close at T1 or T2. Looking further out, if resistance zone breaks (pink) then this would be extremely bullish long term!
Possible Entries: 2500 sats
#Basic Attention Token | Prepare To Take OffEntry : 0.00002348 - 0.00002251
Target 1 : 0.00002505
Target 2 : 0.00002722
Target 3 : 0.00002863
Target 4 : 0.00003264
Target 5 : 0.00003455
Stop loss : 0.00002154
Risk/Reward : 5%/52%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
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BAT/BTC TA Update (Bullish Bounce Off?)BAT/BTC
BAT bounces off right at the 0.618 golden Fib and currently fight the downward resistance coming from the previous Swing High at 3263 sats area. If BAT can break outside this trend-line,
I can see upside action up to the 3000 area before hitting another strong resistance. Priority is going Long and stop-loss below 2200 sats area.
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.
BAT bullish Continuation ?BAT bullish price action above support green trend line and EMA 21,50,100,200 periods. Next resistance level at 2950. Potential correction to 2400 sats level.
Volume Confirm bullish price action.
Indicators: Bullish crossover above zero line. RSI above 75 points. Bullish sing. Overbought level.
S/R Support green trend line at 2340, Major support 0.5 fibs level 2060. Major Resistance 3150, Resistance trend line 2950 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
BAT Basic Attention Token strong Uptrend ?BAT price action above EMA 21,50,100,200 strong uptrend. Above green support trend line.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
Volume confirm bullish price action.
S/R potential support 2175, resistance 3150 (1.618 fib level)
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
LONG BATUSD FIBO BULLISH PARABOLIC UPBATUSD has all indicators volume, bb, kc, fibo, + FCP forex (mechanical; check link below) --
forexwot.com
SHORT @ $0.20363 -- FIBO/PIVOT
STOP @ $0.15873
DISCLAIMER
NOT financial advise. Enjoy your weekend!
-@a1mtarabichi
P.S. Sorry for lack of publications lately; will update more frequently (a lot more) post mid quarter / mid-late OCT.
BAT Daily Chart Analysis 400%+ potential profitsAfter 138 days decline from april highs to septembers low BAT is ready to make some great move.
Ahead of us is the first serious resistance, the level of 0.786 fib 3235-3315 sat. Which is a horizontal stop for buyers, and when approaching it, you should partially fix your positions.
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)
Is it the beginning of the end or the end of the beginning? #8Trading crypto has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest or trade the financial markets.
PLEASE UNDERSTAND WELL THE SENTENCE BELOW!
Definitely not for everyone and there is tons of ways of playing this Crypto game but anything worth while takes some hard work! You have to ask yourself why you are here! My ultimate goal is making money in crypto. If I am not making enough money for the time I put in it, I am out!
About 90–95% of the traders / investors lose money on Crypto Market, especially beginners. This is a well-known and publicized statistic. And it’s true!
The reasons are manifold: greed, lack of Crypto education, no consistent Crypto strategy, follow wrong people without Do Your Own Research. Usually no more complicated than going to Las Vegas all excited with some cash in your pocket and little common sense or skill in your head! The casino wins. You lose. So why, when the odds seem against you, does Crypto still attract so many new investor every day?
Because most people trust in their good fortune and are willing to take the chance for fast profits. But the smart, experienced Crypto investor does not compare himself with a gambler nor a Las Vegas casino person. For the smart investor it’s an art, skill, and patience strategy!
The second ultimate goal is to help the crypto community , I want to share everything I’ve learned because knowledge is only power if passed on.
Let’s start it! All your trades should end in one of four ways: a small win, a big win, a small loss, or break even, but never a big loss. If you can get rid of big losses you have a great chance of eventually trading success.Too many people do not know how to apply money management techniques. They have no discipline, no plan. Many also overstay when the market goes against them , and wont limit their loses!
The key to trading success is emotional discipline. Making money has nothing to do with intelligence or luck. Never gamble if you do not know what you are doing!
7 GOLDEN CRYPTO TRADING RULES
1) Never over-trade
2) Don’t close trades without a good reason.
3) Your stake size should not be more than 2% of your capital on any single trade
4) Do not FOMO, but consider the effects of FUD
5) FOLLOW #cryptoengineering on Twitter - ( I am sharing great things there )
6) Don’t try to guess tops or bottoms. Let the market show you that it has genuinely made a top or bottom.
7) Never buy or sell just because the price is low or high
8) Risk Only What You Can Afford to Lose
Be in a profit at the end of the day! Dont forget The S&P averages 9% per year. In Crypto, So many people want to do 100% overnight and 500% in a week. If you only focus 5% CONSISTENT WEEKLY PROFIT, You will amaze with a result.
Guest Trader Series -1
Ed Seykota
“In order of importance to me are:
(1) the long-term trend,
(2) the current chart pattern, and
(3) picking a good spot to buy or sell. Those are the three primary components of my trading.”
Seykota converted a meager $5,000 investment into an unbelievable $15,000,000 in his client account. In the early 70s, he designed and standardized a commercial programmed trading system. He was the first one to emphasize the price action patterns and chart patterns in the trade market. Seykota’s success came from an intense focus on patterns.
TARGET? The charts speaks itself! I’m happy to answer any questions you’ve got! Just put them in the comments below here or under my twitter post.
DISCLAIMER : Do your own resource and make your own decisions about where to put your hard earned money. I am not a financial adviser and this is not financial advice and if I really need to tell you this then it’s best to keep your money under a mattress anyway because when you lose it you’ll only blame other people for your mistakes rather than yourself.
BasicAttentionToken/Bitcoin (21 May) #BAT $BAT #BTC $BTC#BUY
BAT has brought very good profit in the previous signal. Currently, BAT is forming a Falling Wedge formation combining Double Bottom formation. We have a big chance to conquer the 6500 zone in this wave
Current price : 4613
Buyzone : buy as close to 4500-4600 as possible
Sellzone : 5200-5700-6500
Stoploss if price is lower than 4400 and consider buying back around 4100-4150
BAT approaching a bottom??
BAT has been dropping consistently ever since the Coinbase listing, which goes against the typical listing price movement after an announcement but we are in a bear-market after-all
We could see that we are currently sitting on the 61.8%FIB level, which has proven to be decent support in the past
We do have a lower area of strong demand, which lines up with the 70.5%FIB offering the ideal entry point
The current price right now is also a nice spot but with BTC looking weak throughout the week, we could expect to see a dump lower giving us the opportunity to get a better entry point here
Bouncing in this demand zone gives the possibility of nice returns as shown on the chart
Breaking below this demand area would spell BIG problems for bears and it would most likely fall into a void
Thanks guys!
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.
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Basic Attention Token / Bitcoin (Bat/Btc) Buy opportunityBasic attention Token You can see here falling wedge pattern, already break up trendline and create HH.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge.