BATBTC
Basic Attention Token: It Is Time To Move Up (200%+ PProfits)Basic Attention Token (BATBTC) is looking really beautiful right now and we have massive potential to the upside... Please allow me a few minutes to entertain you and let's take a look at this chart together.
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Basis Attention Token (BATBTC) Chart Analysis by Alan Masters
Before we get started let me mention that BATBTC is one of the good winners for us, it has been generating great profits cycle after cycle... Here you can take a look at our past trades and chart analysis for this pair/altcoin project:
Now, let's get back to the chart...
We have a beautiful falling wedge, which also happened last year before a bull run. This bullish falling wedge is now being broken to the upside.
BATBTC is trading above EMA10, giving it bullish potential.
This is a very strong and solid project.
MACD Divergence is very strong, there will be a strong bounce for this one.
The RSI recently hit oversold and its lowest point ever (16 on the 26th of June).
Above average volume moving to the bullish side.
Pressure is now going UP!.
These are just a few of the bullish signals that we are using.
Conditions for change: A break and close of the last low, around 0.00002200, would invalidate most of the above signals and turn BATBTC from bullish to bearish.
What's your take on what will happen next?
Any questions?
Feel free to share your thoughts in the comments section below.
This is Alan Masters.
Namaste.
BATBTC on its last legs or is this the beginning of an uptrend!?BATBTC bounced off its weekly support of 2100 sats. A divergence with volume has formed on the daily chart and now an UP signal has appeared today. The Ultimate Trend Analyzer has also turned green and is angling up.
If BTC doesn't do anything crazy, BATBTC will be able to make some good moves in the coming weeks.
-faulkin
BATUSD Ascending trendline to next parabolic move upBAT USD value holding steady at low 30c range without a bearish close even in the face of BTC ripping upwards. I think BTC shorts are getting exhausted and BTC will correct quite soon, lending to a nice jump vs BTC, fueling an alt rally. However, I expect the general trend of BTC to continue, holding a relatively high USD value and allowing alt values vs USD to jump quite nicely.
BAT is an alt and bows down to BTC but can sometimes be an outlier, and I think this will continue. BAT likes to follow patterns and I had set up these lines several weeks ago. It has finally come reached the decision point on my next trendline and I would expect the move soon. Top of trendline is the 50c resistance level. At that point all depends on king BTC but potential is there for the move up to the magical $1 mark if other market conditions are right.
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.
Basic Attention Token BAT Looks At The Moon To Move UpHi everyone,
As i told you before, I am computer engineer that developed smart trading bot with artifical intelligence called "Mikabot"
From my profession, I respect technology phenomena that have done great things in the past.
I trust people who have done great things in the past. Especially if one of them is one of the Mozilla founders who develops the Javascript programming language and produces an original project in the field of blockchain, I follow that project closely.
Brendan Eich is the person who changed our web world. Javascript is the language of the web. I love you, Grand Master.
BAT is short for Basic Attention Token; it is a digital advertising token which is built on the Ethereum blockchain. The purpose of the BAT token is to create an ad exchange marketplace which will connect the advertisers, publishers, and users in a decentralized manner. The purpose of BAT is to monetize user attention and remove all the other needless expenditure related to ad networks.
The BAT token takes care of the following:
*Serves as a unit of exchange by cutting out the middlemen
*Rewards users, publishers, and advertisers.
*Users get paid for giving attention to ads.
*Publishers get a portion of the ad revenue as is the norm.
*Advertisers get better ROI for their content.
In google trend, Basic attention token is very up trend
Bat price in the bullish pennant.
The prices bounced from fibo level 0.786
If the price breaks up the resistance with volume, then the target will be 0.70 usdt
Waiting to see if $BAT is able to cross & flip 3k sats level...Waiting to see if $BAT is able to cross & flip 3k sats level as the first signs of a reversal from here.
Double bottom pattern completed on support, There is enough room between areas to a big movement
UCTS showing a buy signal on the 6H charts already..
Set alerts & wait
#BAT
Hey BAT, It's Been A While! BAT is one of the cryptocurrencies I've been covering over the last several months. It's also one of the coins I've successfully traded. One of my best calls to date is timing the breakout perfectly from 3700 all the way towards 10000. I don't trade too often (I mostly just enjoy analyzing the market because it's so interesting), but if you've been following me, you'll know that I traded in and out of BAT during that parabolic rise to increase my ETH. I did this alongside ENG, and successfully increased my ETH by 30%. I'm glad I took my profits and left those positions entirely, because since then BAT and ENG have performed poorly against ETH (and the entire market, for that matter). I prefer quality to quantity when it comes to short term trades. When you enter a trade, it's important to be able to differentiate between a long term trade and a short term trade, and commit to one or the other. Otherwise, you'll probably be left holding heavy bags.
Anyway, in my last BAT analysis, I said it looked like it was very possible for it to head back towards the 3K sat area. This was because on the chart it did exactly what XLM did last fall - it broke out of its triangle and long term diagonal resistance (light blue and orange), only to be unable to sustain the higher ratio, resulting in a crash back down below the resistance level. This is objectively a bearish development in the chart.
Here is the previous analysis where I suggested some further downside:
The good thing is, BAT has been able to look healthy against the USD, maintaining above $0.30 and still performing better than a lot of other alts since January (300% up since the $0.10 bottom - its recent high was a 500% increase). Right now, it's just consolidating. This analysis is about the Bitcoin ratio, however.
Here's the USD chart with a possible ascending triangle. It should be noted that a lot of alts are forming similar patterns, though some look objectively worse.
This is a neutral post because I think BAT could go either way in the short term, against Bitcoin. Long term, BAT is clearly range bound. When I've talked about this to people who are bullish on BAT, they get annoyed...but this is just what the chart is showing us. It is a clear trader's coin until it starts showing some long term price appreciation. Due to this market behavior, there IS possibility for severe downside against BTC. If BAT follows in the footsteps of XLM, it could break down below the triangle resistance (light blue) and head all the way towards the 1K sat area - a zone it hasn't tested for quite some time. If BAT is truly a range-bound asset, and 1000 is the absolute bottom of the range, it really could test that zone before moving back up towards the top of the range (9000-10000). A lot of alts are currently either testing long term supports against Bitcoin or heading to new lows. Clearly the trend (for now) is that people are more ready to buy Bitcoin. It's not necessarily that people are selling alts for Bitcoin at this point. The large amount of money flowing into Bitcoin is just not flowing into alts at this time. Alts are slowly rising though, which is encouraging. If this trend is eventually going to move in favor of alts, I speculate that the first to move will be those in the top 10 (particularly XRP and ETH, as they have the most liquidity). Alts like BAT could take a little while longer.
On the bullish side, BAT could continue to bounce here and head up towards the orange resistance (around 5200). If that falls, BAT could head all the way up again to test the top of the range. Still, BAT has been unable to sustain higher prices within the range. Until that changes, I don't see BAT as a long term play.
This is not financial advice. Not even really a potential trade setup. Just an objective analysis on BAT, based on what I've been seeing. I want to continue keeping track of this one, because it can make some pretty predictable (and profitable) moves. This is for educational and speculative purposes only.
-Victor Cobra
$BAT Falling wedge with increasing buying volume $BAT Not a UCTS signal yet but getting maybe ahead of time (Thanks for the headsup @SilverBulletBTC)
Currently under a Falling wedge with increasing buying volume
Testing the uppertrendline, breaking above 4k sats can lead to a reversal from here, wait and see
#BAT