[BATBTC] Basic Attention Token Goes for ATH? [280%+ PP]Basic Attention Token (BATBTC) has shown to be very resilient. This altcoin maintained its price better than most and its low after Dec/Jan's bull run, was hit on March. It didn't create a lower low on August nor September as most other altcoins did. BATBTC remained strong throughout the trip.
BATBTC didn't challenge its all time high on the last bull run. So if another bull run comes, we will be aiming at least for all time high or break above it. Here is the weekly chart:
Here we have the Doji candlestick at the end of the trendline. This Doji candlestick (with a #8 on top - at the far right on the chart above) signals an upcoming trend reversal.
Volume is still lacking, yet the volume that followed the candlestick next to the Doji is higher than average for several months.
On the daily time frame, the RSI is on an uptrend and moving to the bullish zone. The STOCH is bullish as well and we are now trading above EMA10.
We can open a long term trade for BATBTC with very low risk and really huge profits potential... let's take a look.
One last note: BAT is on the list of coins that can potentially be added to Coinbase, together with XLM, ZRX and ZEC. This adds to the potential as Coinbase is one of the biggest Bitcoin sellers in the world.
We also talked about simple wave cycles; wave up, wave down, wave up, wave down... We had our wave down, it is time for a wave up, take a look here:
Trade instructions by Alan Masters Trades
Buy in: 0.00002350 - 0.00002650
(1) 0.00002890
(2) 0.00003229
(3) 0.00003530
(4) 0.00003930
Stop loss: Close weekly candle below 0.00002080.
Capital allocation: <10%.
LIVING FOR THE WORLD
When you trust, trust, trust, trust and continue to trust.
Follow the light with eyes closed.
Traveling from state to state.
Let's take another new job.
Let's leave a big tip and run away.
Living for the world...
To me... Just another normal day.
Namaste.
BATBTC
Is Coinbase about to announce?I know this is pretty sketchy.. but the amount of time from when Coinbase announced ETC and the time before they added it is close to the amount of time we've been waiting for the ERC20 coins to be added (ZRX and BAT in my opinion). I assumed they would wait until BTC started to move up, and because we are getting close to a possible ETF announcement... well.. I'm feeling something in the air. Also, Coinbase Pro just tweeted that they are going to perform a scheduled maintenance tonight at 9PM PT. I get that I'm reading too much into it and all, but they did the maintenance run just before the ETC coin was added.. so...
This is just speculation, but I think something is about to happen...
Just wanted want to give a little hope... it's been a long 9 months or so... it's our time.
ZRXBTC
BATBTC
p.s. Please consider giving me a thumbs up or a follow if you feel this is helpful
Enjoy Family
BATBTC Fib retracementThe price broke through Fib 0.786 Resistance level and managed to consolidate. Up from this moment there are 2 possible scenarios:
1. The price can go straight up to the 1st target which is drawn at the chart
2. The price will breakdown the support of Fib level and will head to the next major support level which is located at the parallel projection of the upper edge of price fluctuations.
Stop loss is drawn at the chart if it is triggered then we should wait till it reaches the mentioned support and rebuy again, the target will be the same
Analytics BAT/BTCBAT / BTC analytics
On the daily chart, we observe a lateral trend in the range 0.000055-0.00002250, which opens up good prospects for medium-term trading. A distinctive feature is the lack of strong resistance and support zones, so the described channel can be punched in any direction. It is characteristic that inside the same platform the price of a coin when buying for USD and for BTC may differ to 10%, which opens up opportunities for arbitrage trading.
The asset does not have a stable daily turnover, it can differ 30 times and fluctuate from 50 to 1500 BTC per day. When trading this coin do not work stop-loss, because the spread can be 20-30%.
There are no strong levels so to confirm the hypotheses, regarding the direction of motion, it is necessary to analyze the charts on smaller timeframes.
BATBTC XABCD and bullish divergenceWe tracked BAT for a long time and the current moment seems to be the best to enter this position. Hidden bullish divergence is revealed due to higher lows at oscillator chart and lower lows at the price chart.
Indicators are bullish: Stoch RSI is in the oversold state, DMI shows possibility of sharp rise. Fundamentals are also great. The price is going to enter Ichimoku clouds and the pattern will be finished. Then it should reconsolidate via ladder pattern thus provide us opportunity to swing trade and rebuy lower and then it will hit the rest targets.
Free target is on the chart. Stay tuned!
BAT about to take the next leg up.BATBTC looks ready for the next leg. This setup is very similar to AIONBTC which I posted about last week and updated today. NANOBTC is leading this ALT market and AION followed, and now it appears BATBTC will follow as well based on this setup of a Classic Wave 1 into a bullish wedge Wave 2 ready for Wave 3 breakout.
BAT BAT BATGood one to cacth the reversal. Notice the volume is rising which means people are sharing the same thought. Whales wanted t pick it up earlier but could't fight the TA. So it might still fall to 3900-3800. After that the chart will show the future. One of those possibilities is a good uptrend giving us 40-50% with a cmall chance of breakthought the channel and adding more profit. But I trade on smaller timeframes so I'm not looking for investent but rather a good coin for everyday scalping which BAT certainly is =)
Good luck with your trades! Always do your own analisys before buying.
$BAT, Lower Low Retest…
Weekly
Looking at our trend teimfraem we see price is looking to form a higher lower on the weekly candle, stochastic rsi showing momentum is getting close to bottoming out. A weekly close above 3500 and we should see a push towards 4500, however if rejected this level we should be seeing a sell off off towards 2500.
Daily
Shifting over to our pattern timeframe we see price respecting our bearish parallel channel, stochastic rsi showing momentum in favor if bulls with no signs fi slowing down
Basic Attention Token! Long and short term analysisHello Traders,
I will be closely monitoring coins coinbase is exploring in adding to their exchange: BAT, ADA, XLM, and ZRX. For this one, I will be analyzing BAT in both long-term potential and short-term swing trading ideas.
1) Long-term:
Looking at the daily chart, BAT recently had the bear breakout from the symmetrical triangle pattern. Technical speaking BAT is still in downtrend, and I do not see any sign of trend reversal at the moment. Currently, 3000 Satoshi is acting as a support, but we can expect high selling pressure (down to 2200 Satoshi) if it goes below 3000 Satoshi again. However, my bearish view will be invalidated if BAT finds support at 3200 Satoshi.
2) Short-term
Looking at the hourly chart, we see that 3200 Satoshi has been acting as the strong resistance at the moment. This is why I said, long-term bearish will be invalidated if BAT goes above 3200 Satoshi. Currently, BAT is forming bearish pennant pattern, and we should see some action in next 24 hours. Statistical speaking, there is 70% that we see bear break and 30% that we see a bull break. Therefore, I will be looking to short BAT if it goes below blue trendline, and add more position when it crosses the pink line. The target for bearish breakout is 2400 Satoshi and the target for bull breakout is 3900 Satoshi.
Happy trading!
Coinbase Wallet features 0x and BAT. Wow... is this a hint? Please look at the pic on the Coinbase wallet website.
Do you see what I see... 0x and BAT
I know that they talked about "exploring the addition of several new assets": Cardano/ADA, Basic attention token/BAT, Stellar/XLM, Zcash/ZEC and 0x/ZRX.
But their new wallet website shows in the main picture the logos for 0x and BAT.
A wallet that gives you access to decentralized exchanges... like... maybe Coinbase Pro... :-D
So is this confirmation that BAT and ZRX will be added...? I don't know.
Maybe... maybe not.. but when you are looking at 5 possible coins and wondering which will be added next, if not all of them, I think that this is pretty telling.
wallet.coinbase.com
twitter.com
Buy the way, please consider giving this a "like" if you believe it was helpful.
Thank you!
p.s.
The 0x protocol has been of great interest to people exploring decentralized exchanges and atomic swaps.
As such, it must keep evolving. A new version of the protocol will be introduced soon. keep an eye on 0x.
nulltx.com
A new trading opportunity to buy in BATBTCTechnical analysis:
. BasicAttentionToken/Bitcoin is in a Down Trend 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 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
New Trading suggestion:
. There is a possibility of temporary retracement to the new suggested support zone (0.000030 to 0.000024). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000030)
Ending of entry zone (0.000024)
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 the 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:
New Take Profits:
TP1= @ 0.0000350
TP2= @ 0.0000390
TP3= @ 0.0000444
TP4= @ 0.0000500
TP5= @ 0.0000540
TP6= @ 0.0000578
TP7= @ 0.0000678
TP8= Free
Previous Trade Setup:
We opened 6 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .
Total Profit: 7502 pip
Closed trade(s): 6208 pip Profit
Open trade(s): 1294 pip Profit
Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
TP3 @ 0.000045 touched at 04.18.2018 with 2027 Profit.
TP4 @ 0.000054 touched at 04.30.2018 with 2927 Profit.
727 + 1427 + 2027 + 2927 = 6208
Open Profit:
Profit for one trade is 0.00003120(current price) - 0.00002473(open price) = 647 pip
2 trade(s) still open, therefore total profit for open trade(s) is 647 x 2 = 1294 pip
Previous Take Profits:
TP5= @ 0.000068
TP6= Free
A new trading opportunity to buy in BATBTCTechnical analysis:
. BasicAttentionToken/Bitcoin is in a Down Trend 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 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
New Trading suggestion:
. There is a possibility of temporary retracement to the new suggested support zone (0.000030 to 0.000024). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000030)
Ending of entry zone (0.000024)
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 the 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:
New Take Profits:
TP1= @ 0.0000350
TP2= @ 0.0000390
TP3= @ 0.0000444
TP4= @ 0.0000500
TP5= @ 0.0000540
TP6= @ 0.0000578
TP7= @ 0.0000678
TP8= Free
Previous Trade Setup:
We opened 6 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .
Total Profit: 7502 pip
Closed trade(s): 6208 pip Profit
Open trade(s): 1294 pip Profit
Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
TP3 @ 0.000045 touched at 04.18.2018 with 2027 Profit.
TP4 @ 0.000054 touched at 04.30.2018 with 2927 Profit.
727 + 1427 + 2027 + 2927 = 6208
Open Profit:
Profit for one trade is 0.00003120(current price) - 0.00002473(open price) = 647 pip
2 trade(s) still open, therefore total profit for open trade(s) is 647 x 2 = 1294 pip
Previous Take Profits:
TP5= @ 0.000068
TP6= Free
BAT vs Bitcoin Range TradingFollowing the previous idea on Basic Attention Token , price has reached the upside target at 61.8% Fibonacci retracement level and rejected it. Currently BAT is correcting downwards and it seems that it has stuck between the support area near 3600 satoshis and resistance at 4700 satoshis.
Nevertheless, BAT/BTC started to produce hihger highs and higher lows and the probability of the uptrend continuation remains high. Although price enter the consolidation phase while continue ranging between the support and resistance.
Break and close above the 4717 satoshis, should confirm the uptrend and potentially result in a strong growth of BAT against the Bitcoin. But if it breaks below the 3500 satoshis support, further decline towards 3000 satoshis should be expected.
$BAT Basic Attention Token market analysisBasic Attention Token is one of my favorite alts of late. It has held up nicely while $BTC and other Alts have tanked. I've uploaded a short video on my reasoning for taking up a long position here, check it out: youtu.be I will admit, this is a risky trade so please don't copy my call here. This could go in either direction at any time. There's no real trend and I'm simply playing support and resistance levels in a ranging market here. Some argument for a long position, market overbought (could go lower though), testing major resistance level, bottom alert indicator showing a lower bar indicating that there's some green volume picking up. Price has already spiked a little and I can exit at any time from this point on at either zero loss, or profit if it continues north, so there is absolutely no risk for me from this point on. Not financial advice, be careful as the market is very bearish overall. The tops and bottoms alerts indicators I use make me money in any market. Check them out here: www.turbotraderpro.com