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BATBTC

BAT fundamentally backed, technical long setup.Basic Attention Token has been a solid cyclical asset. Fundamentals (such as Coinbase and Circle listings) have caused a lot of speculation of it surpassing its clear ceiling of supply. But we aren't here to speculate ya feel? personally, I'm going to start scaling in at 4000 sats, but if you can catch some BAT at 3600 sats you a bad motherfucker. You can take profit at 5100 - 5300 sats, but to get there you have to let it come back at you one or two times. don't be a bitch. i love you, SK
Long
by Meteor_Hammer
Is BAT About To Make A Surprise Breakout...?I've done a bunch of charts on BATBTC, because I've found it pretty interesting to watch. In my previous analyses, I speculated why we wouldn't see much upside for this coin, even on the coinbase news. I held a position from 2700 to 4100, but sold because I became convinced that BATBTC was being confined to a range. This turned out to be true in the medium term, but it wasn't a great trade for me, since the coins I bought with the profits have since dumped, and BAT has stayed above 4100 (for now). Oh well. Anyway, something interesting is happening. BATBTC has been in what appears to be an enormous bearish pennant since it came on the market. We are now nearing the overhead resistance of this pennant (in teal), in the 4400 area. I guess it also depends on where you draw your lines, but it's hard not to cut wicks on this chart. If BAT can break out of the triangle with volume, we may test the supply zone in the 6000 area. This, of course would appear very different on the USD chart. After making a new low against the dollar, BAT has rallied back above its previous 16 cent support zone. This is very bullish, actually, and surprisingly so. This may be because it is now available on all Coinbase platforms, and it has begun to decouple a little bit. We also have more volume potential. I personally don't see much long term utility with this token, but traders will be traders, and if BATBTC starts to break out here, many crypto enthusiasts will be confused as to why. In this analysis, I have stated the reasons why. Of course, we can fail hard again at the triangle resistance, or at the supply zone between 6000 and 7000. On the bearish end of things, we could just be forming the top of a right shoulder, as I talk about in my previous analysis. A breakdown from here can easily send us to new lows. Bullish and bearish targets are marked with X's on the chart. This is not financial advice, nor am I a professional financial advisor. I'm not entering a trade here at this time. This is purely for fun and speculative purposes. Previous BAT analysis: First BAT analysis: -Victor Cobra
Long
by VictorCobra
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