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BATBTC

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.
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
BAT - Looking Sexy - 25% Gain Target AheadLooking at BAT's daily chart, it is looking very bullish. It has a bullish MACD and bullish RSI as it is approaching a key level of significance. This area around .000024 acted a strong support level all throughout the bear market until it was broken in August. Since then, BAT formed a inverse head and shoulders pattern which shot the price back up to this key level. With all the bullishness in the chart, I see no reason why the price cannot hit out .00003 target if it can break resistance at .000024. Look at the price action each time the MACD has crossed over the zero line. It is almost always a strong buy signal. But it will need some serious volume to get passed this resistance area. Have your buy orders ready on a strong break out. This has the potential to be a very nice quick gain. Did my idea help you make a successful trade? Donations are always welcome and much appreciated! BTC : 136dZZ2XyUirYUX1nUXwrU6sGgaBNPiFnU ETH : 0x2fda8b3ebf9f03078d2e4657ebca5c41ed020bf6 XRP : rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 395032582
Long
by jpbrown1023
1
80%+ For Basic Attention Token | Bullish + New HighBasic Attention Token (BATBTC) is now trading at its highest since it hit a peak price in late July... After hitting a low on Aug. 14, BATBTC has been producing higher highs and is now moving higher. The next target is marked on the chart with 35%+ of profits and up to 80%+ if you look at higher targets. All the indicators and signals are in favor of the bulls. This chart is extremely bullish. BATBTC will continue to grow. Previous chart (click on the image and hit "play" for details...): Namaste.
Long
by AlanSantana
7
BAT-BTC : Next stepsHi everybody, this can be easily sorted to Beyond Technical analysis category. There is no philosophical background behind this idea, I just played with fibs time zones a little and all past tops pretty fits. This may be just huge coincidence, but let indicators talk: MACD: golden cross - bullish MACD: histogram buy signal STOCH : buy signal (dotted lines/gray stripes are daily chart resistances) Realize that this is 1W chart and If trend remains, next top by fib time zone would be at 02/2020. This is not a financial advice, do your own research.
Long
by allkrystals
BATBTC: Potential Continuation. Alt Run XRP, ZRX correlation.*Not financial advice* Previous BAT posts below. Nothing much has changed for long term outlook. There does appear to be upside potentially in the near future due to: -ZRX, ETH have already completed their double bottom patterns -BAT AO (momentum) has been diverging for months. -Volume has finally resurfaced from YTD lows. -Currently at historic price range lows (check BAT/BTC 1W chart). Definitely a stop loss trade to manage downside.
Long
by see_are_em
Basic Attention Token Next Falling Wedge (300% Profits)Here is the full chart for Basic Attention Token (BATBTC) on Binance, it shows data since November 2017. We are going to keep it simple today and look at the multiple falling wedges throughout time. Notice that each time a falling wedge is completed, a new up-wave takes place. The current falling wedge is the biggest one, which means that it can also produce the best results. Here we are looking at 300% potential profits based on my calculations, long-term, but it can produce even more. What are your thoughts? Please share with us in the comments section below... Namaste.
Long
by AlanSantana
14
ETHBTC, XRPBTC in Lockstep. LINKUSD Showing Similar Structure?Interesting correlation here between ETHBTC and XRPBTC. This same pattern can be seen on many alts atm, including LINKUSD, and BATBTC. For link specifically, the question is whether there's further gains on the horizon. Refer to my first post shared below for my opinion on LINKBTC. Second post for reliable LINKUSD pitchfork. Third, BATBTC and fourth, my outlook on my macro outlook on BTCUSD (the fundamental driving this alt run).
by see_are_em