Time to close BAT trade. Good work on your %50 gains traders!Ok guys. You can see I called the .30 cents hit spot on. If you have been hanging with me on this one since the .20 cents mark, you should have nailed %50 gains. That's remarkable!
Time to take those profits. Do not get greedy on this one. BTC (which the market follows) could still drop to 6k one more time before we're finally 100% bullish
Batusd
Basic Attention Token USDC CoinbaseThe pullback on Basic Attention Token has a couple of indicators pointing to a range between (Fib .618).1918 to (Fib .5).2067 as a decent entry point to ride the third wave up to .35 - .38 highlighted in grey (Fib 1.618 bottom to top). RSI hits 74 overbought territories as it now moves downward. Moving averages are kissing the trendline.
I”m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Bassic Attention TokenNeeds to retest trendline ?!
Ater that....🚀🚀🚀
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
BAT / USDT. Potentially Forming a Dragon Pattern. BAT/USDT may be forming a Dragon Formation , provided that the price breaks the downtrend line (red line) and fixes above it.
If the price cannot overcome the downtrend line, then the downtrend will start with the target zone being the local low.
The points of observation are showed on the graph.
ENTRANCE
1) Entrance on a breakthrough or pullback after breaking a trend resistance line (red resistance line).
2) Entry from the previous price lows when confirming support, if in this situation the price can not overcome the downtrend line.
TARGET
1) If the price overcomes the trend resistance line and fixes above it, then the Dragon Formation will be confirmed.
The entire length of the "Dragon's tail" is the target zone of this figure.
The potential is from +19% (hump level) to +128% (head level).
2) If the price does not overcome the downtrend line, then after the downtrend, the entrance is from support (around. 0.145-0.15) the first target being the downtrend line.
Stop Loss
Under key support levels during your entry into the market.
I learnt this formation from "SpartaBTC" so if it works out, he deserves the credit.
BAT target .30 Cents IF we do this!BLUF: Neutral until we break above the blue trendline.
Hi traders. Just a quick heads-up. BAT could be headed for %50 gains if we break above that BLUE downtrend line in my chart. Currently it is getting squeezed. A decision must be made soon. Wait for the break above the blue trendline and confirmation on the daily before trading this.
I'll try to keep you posted.
BAT | 2020 Price Prediction: Found Bottom? When you look at the price action in $BAT has started a rally in Dec 2017 and followed by the "accumulation period" from April 2018 to January 2019. Accumulation was followed by an expansion to clear equal highs followed by a reversal in April 2019. We had some distribution period well known as a downtrend.
Question is here: Is BAT bottom in?
Retested weekly support, followed with expansion and last week lasts expansion 62% retraced. If price can hold above 2440 I can see next targets 3892 sats which is from this point another 50% gain, important level for my eyes weekly is 5025-5778 sats where you should take all your profits from swing long. Why? Look at important pivot which has been many times resistance and was broken only once for some weeks and price immediately went below this important level again. That's why I expect big pressure in terms of sell pressure in this area so you should take profits here as well.
Summary:
- found a bottom in 2019
- Crossing for the first time on weekly DMA 150 + 200 DMA (last time it has crossed was on Feb 2019 followed by 150% gain)
- the re-tested latest expansion,
- expecting to challenge 2915 sats soon if it breaks then 3892 sats and
- the final long term destination in 2020 is 5500 sats
This is a weekly view so take on mind that all outlined targets will not probably hit overnight.
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I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..).
PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
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#Basic Attention Token | Prepare To Take OffEntry : 0.00002348 - 0.00002251
Target 1 : 0.00002505
Target 2 : 0.00002722
Target 3 : 0.00002863
Target 4 : 0.00003264
Target 5 : 0.00003455
Stop loss : 0.00002154
Risk/Reward : 5%/52%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
Add to watchlist
BATUSDT formed bullish Shark | Upto 90% bullish move expectedPriceline of Basic Attention Token / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy betwee: 0.1593 to 0.1291
Sell between: 0.1861 to 0.2458
Regards,
Atif Akbar (moon333)
BATUSDT found resistance |all indicators,patterns are bullishOn day chart the price action of Basic Attention Token (BAT) has found $0.1959 and resistance at $0.1487 this support of 0.1487 dollar was found 29 Aug 2019 when the price action took drop more than 29% upto $0.1326 but since then the priceline could not break down this support.
Sofar this support has been found very firm therefore we can expect a breakout form here or more sideways move at this level for some more time.
Indicators and Oscillators:
Price action is hitting the upper band of Bollinger bands and the mouth of bollinger bands is expanding and moving up.
Relative Strength Index (RSI) was oversold up till 18 Dec and now bullish.
Moving average convergence divergence (MACD) is strong bullish.
And if we see the Directional movement the +DI has crossed up -DI and ADX is above 29 level and giving strong bullish signals.
On 12hr chart the Ichimoku cloud is turned bullish and lagging span of ichimoku cloud has crossed up the priceline and the price action has also crossed up the bearish cloud on the other hand the chop zone has also given strong bullish signals by turning bullish.
Moving Averages:
If we see the simple moving averages with time period of 25 50 100 and 200 the we have the same position as we had in Sep 2019 the order of moving averages was as:
25MA was below all then we had 50MA then 100MA and then 200 simple moving average was above all then on 3rd Nov 2019 a complete alligator mouth was opened which was formed with 25MA , 50MA and 100 simple moving average but 200MA was not able to be the part of this alligator mouth and the price action turned bullish and hit the $0.2784 which was the highest point since Sep 2019 to the date of writing.
The moving averages are likely to make the same move and 25MA has crossed down the price action and pushed the candles sticks up now the price line has hit the 50MA and 50MA is likely to cross down the price action soon and this will also lead to the golden cross between 25MA and 50MA then a strong bullish divergence can push the price action more to cross up the 100SMA and then the price action will hit the 200SMA and if the price action will be able to cross up the 200 simple moving average then we can see a complete alligator opened mouth between all these simple moving averages and the price action can hit the second resistance level at $0.2695 and if this resistance level will be broken then a strong bull run can be observed.
The Harmonic Move:
In my previous predicted that Basic Attention Token has formed the Shark pattern and it will hit the projection area of 0.382 to 0.786 Fibonacci of C to D leg of this Shark pattern and below was the article:
Now you can see sofar the price action has taken the bullish divergence form the potential reversal zone of this Shark pattern and entered in this projection zone as I predicted Alhamdulillah and sofar it has produced more than 25% gains this is a very positive signal but we need a breakout the 0.786 Fibonacci projection level in order to start a real bull run and as we have see above all signals from moving averages and indicators are turning bullish so it is really possible
So guys be ready I hope this prediction will be full filled soon as my previous article however if you have any suggestion and ideas you can share in comments section with me.
Thanks and Regards,
Atif Akbar (moon333)
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.174 to 0.146). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.174)
Ending of entry zone (0.146)
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 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 :
Take Profits:
TP1= @ 0.2200
TP2= @ 0.2700
TP3= @ 0.3145
TP4= @ 0.3640
TP5= @ 0.4530
TP6= @ 0.5300
TP7= @ 0.6660
TP8= @ 0.8010
TP9= @ 1.2385
TP10= Free
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.174 to 0.146). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.174)
Ending of entry zone (0.146)
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 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 :
Take Profits:
TP1= @ 0.2200
TP2= @ 0.2700
TP3= @ 0.3145
TP4= @ 0.3640
TP5= @ 0.4530
TP6= @ 0.5300
TP7= @ 0.6660
TP8= @ 0.8010
TP9= @ 1.2385
TP10= Free
BAT prediction 2020!So looking at the fundamentals, BAT is one of the best in the whole crypto space. It is quite reasonable to say we are in this triangle formation with an apex in april 2020! With the next altcoin boom, if we can get above the 0.5usd level and will create a higher high, expect the price of BAT to start rising. I would say it is very likely we are going to break the previous ATH in 2020. Things are looking bullish!
BAT/BTC TA Update (Bullish Bounce Off?)BAT/BTC
BAT bounces off right at the 0.618 golden Fib and currently fight the downward resistance coming from the previous Swing High at 3263 sats area. If BAT can break outside this trend-line,
I can see upside action up to the 3000 area before hitting another strong resistance. Priority is going Long and stop-loss below 2200 sats area.
BAT may continue his correction since last HighHi, my first try here.
I'm trying to see the BAT going to give us some highs but, my very little knowings about elliott waves is telling me that we'll MAYBE have to be patient, seeing some more lows.
A good thing to accumulate !!
Comments are welcome, I want to progress. Thanks !
Basic Attention Token-BATBTC-
It fell below the 0.00002459 point and is now located near 20MA.
Check if you can climb above 0.00002459.
-BATUSD-
It fell below the long-term uptrend line.
Check if you can climb above the uptrend line.
Must be supported at 0.15494740.
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On the BATBTC chart, movements at 0.00002459 are different between 2018 and 2019.
The reason for this is the aftermath of a lot of gains around April 2019.
Therefore, we believe that there is not enough power to ascend.
I think the price should be maintained between 0.00002459 and 0.00003277.