BAT/BTC Wyckoff distribution Bat is currently sitting in a big range, accumulating.
The upper resistance is given by the Fib retracement since ATH (0.382 FIB).
BAT is showing the same pattern as ADA before starting the massive bull run.
This is usually a boring period with up and downs of around 5-10%.
One can start accumulating in this area, or the other way is trading the breakout of that FIB retracement.
This is just an educational post, do your own research before investing.
Batusd
Buy BAT!Basic Attention Token is testing the low end of the strong bullish channel.
We have the weekly down trend overhead which has already been tested and broken once showing possible bullish sentiment.
We will find out rather quickly whether this is bearish and we should exit, as a break of the .618 would likely mean more downside.
Low Risk High reward set up.
BATUSD 6D: BEST level BUY/HOLD for 100% gains (SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
BATUSD 6D: BEST level BUY/HOLD for 100%+ gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses / downside before reversal (BULLS).
🔸 Summary and potential trade setup
::: BATUSD 6daily chart review
::: drifting lower on auto-pilot now
::: heavy rejection / double top
::: however overall chart looks strong
::: heavy resistance hit previously
::: get ready to BUY low from my level
::: great mirror S/R level for BULLS
::: near 16000. confirmed previously.
::: short-term expecting more downside.
::: buy low and you will get rewarded
::: strategy: BUY IT / HOLD IT 16000
::: BUY/HOLD setup do not expect fast gains
::: TP BULLS is 100%+ gains later
::: setup for patient traders only
::: do not expect fast/casino gains
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook midterm: BULLISH
Basic Attention Token (BAT) - June 20Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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We need to make sure we can continue to receive support from the uptrend line (4).
If it goes down, you should get support on the uptrend line (2).
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Basic Attention Token BAT USD Daily/WeeklyHello Traders!
Let's keep it short and simple.
BAT was moving in consolidation, forming a symmetrical triangle. It seems that it already breakout from it, and the target price could be around 0.26 USD.
:::Daily Technical Analysis Facts:::
- 200MA still works as a strong support for the price.
- 200MA and 50MA about to cross forming the golden cross.
- MACD is pointing up now, and seems to confirm the trend.
:::Weekly Technical Analysis Facts:::
- BAT has been moving slowly but consistently on an upwards trend over more than 10 weeks now.
- MACD continues to be bullish.
:::Fundamentals:::
- The growing base of Brave, the browser where you can get tokens for seeing ads might increase its value as more companies will try to advertise with the browser.
- Brave has an encrypted video call service, that might grow its base even more.
:::Conclusion:::
- Indicators looks bullish on the Weekly and Daily analysis.
- Possible price of 0.26 USD next month.
As always, this is not financial advise, do your own research.
:::Please let me know what do you think, feedback is always appreciated:::
Basic Attention Token BATBTC - Long Term strategyHello Traders!
I have planned a long term strategy for BAT.
We have a contracting triangle, and we might be completing the E-wave (according to Elliot wave triangles), and is exactly at point E, where I will buy to make maximum profits. The area to buy is indicated with the green rectangle .
Another safer strategy, is to buy exactly at the break out of the contracting triangle.
If everything goes as planned, we might be looking at 200% profits.
I think BAT has a lot of use cases, and is a solid project.
Please let me know what you think, and as always this is not financial advise do your on research.
BATUSDT Short-term Trading PlanBATUSDT seems like forming a simple A-B-C move after the pullback from the high of the March low rally. Point B pulled back to exactly 0.65 level from point A, and now we are having a final rally to point C. With a Fib-extension from the bottom to the top, we have a 0.65 level at 0.26 ish and a 1 to 1 level at 0.287 ish. Bulls who longed BAT at point B will likely to take some profit at 0.65 level since there is a resistance pivot there, but keep an eye on RSI and other indicators to make sure BAT is at overbought levels before shorting at 0.65 level since BAT could go all the way to 1 to 1 level at 0.287 ish. I do expect a drop at those levels since RSI and some indicators are at overbought levels already, and there might be a final push coming soon, either to 0.26 ish or all the way to 0.287 ish in my opinion, and they might be good positions to short. Thank you guys.
BATUSDT 5% Quick Money Long Trade 20200621BATUSDT Continue the upward trend trade
Set up -1 with a small SL, may apply high leverage, while Set up -2 with a wide SL for a low leverage.
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Timeframes: 1H -2D
Signals: Light Green -> Green: Trend continues
Context: multiple Blue -> Green: Support -> Trend
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Basic Attention Token BATBTC - Long Term strategyHello Traders!
I have planned a long term strategy for BAT.
We have a contracting triangle, and we might be completing the E-wave (according to Elliot wave triangles), and is exactly at point E , where I will buy to make maximum profits. The area to buy is indicated with the green rectangle.
Another safer strategy, is to buy exactly at the break out of the contracting triangle.
If everything goes as planned, we might be looking at 200% profits.
I think BAT has a lot of use cases, and is a solid project.
Please let me know what you think, and as always this is not financial advise do your on research.
Basic Attention Token BAT BATUSD Weekly Analysis / BullishHello Traders!
Looking at the weekly BATUSD chart, there is a downtrend and an uptrend. The downtrend channel started in 2019 (RED), and we might finally broke out of this downtrend, to continue in the uptrend channel (GREEN).
BAT has been growing consistently each week since the crash in March, and has a strong uptrend.
The weekly MACD did a bullish zero crossing, and the price is above 20MA, 50MA, and 200MA on the daily chart, a very bullish indicators.
I expect BAT to continue growing, but first we have to pass resistance at 0.30 USD, an important level to watch, and afterwards, might be a good entry point.
On the fundamentals, the growing base of users of Brave, the web browser that gives you BAT tokens to watch ads, continues growing.
I believe there are good chances for BAT to reach $1 USD in the long term.
Please let me know what do you think, and like if you found this useful information.
As always, this is not financial advice, always do your own research.
Have a good start of the week.
BAT forming Cup ? :) good time to go LONGBAT ( basicattentiontoken.org ) is actually grinding bottom for a while and is in cumulation. BAT based on TA+FA is very promissing investment for 2018
With Brendan Eich as a founder ( Created JavaScript. Co-founded Mozilla & Firefox )
They have working product ( Take a look at Brave browser )
And they´re expanding to YouTube ( basicattentiontoken.org )
FORCE OF ATTRACTION IS POWERFULL :)
Hope you will find this one usefull.
I´m not proffesional trader. Trade on your own risk.
Basic Attention Tokken (BAT) - June 6Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
I am a person who does not speak English well. So, it's very likely that you're using the wrong word. Please understand this.
We will try to improve it in the future.
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You need to make sure you can get support above the 0.24450884 point.
If it falls, you need to make sure you get support at 0.22723991.
If it falls further, I think it is possible to increase further if it must be supported by the uptrend line (2).
I think there is a possibility that a new wave will emerge if it can be supported by rising above the long-term downtrend line (3).
To do that, it is important to get support at 0.24450884.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
TOTAL2 - Critical PointHello Traders!
Looking at the TOTAL2 chart, we are in a critical point, if we get rejected on the upper trendline, we might expect a pullback, or a reversal of the trend.
If you take a look at the daily chart, you can see that there has been a fiercely fight between the bears for almost 3 days on this area, and it seems that the bulls are finally winning, but lets see how it works out.
Looking at the monthly and weekly MACD they have an upward trend, what might help to overcome the 93B critical Market cap.
Hope this information is useful.
Good luck!