Batusdsignals
Short on BATUSD (Leverage Trade)With the current crypto sell-off that we are going through and the overall crypto meltdown,with our team we have prepared another short trading idea which looks at capitalizing on the overall market trend:
🔹 Leverage 10x
🔹 Entry price: 0.30-0.31 (current price)
1) Target 🎯 : 0.295
2) Target 🎯 : 0.29
3) Target 🎯 : 0.27
⛔️ STOP: 0.331
BATUSDT Formed Falling Wedge Pattern!BATUSDT Technical Analysis update
BATUSDT formed a falling wedge pattern in the day chart, if the daily candle closes above the resistance line, we can confirm the breakout.
In the above chart, Bullish RSI Divergence occurs when Price makes a lower low but RSI makes a higher low. One goes down, the other goes up! It shows that sellers are easing up. and also rsi trend line breakout in daily RSI chart.
BATUSDT currently trading at $0.7220
Swing trade setup
Long Entry: Above 0.730 (only buy if the daily candle closes above the resistance line)
Stop loss : $0.60
Target 1 : $0.820
Target 2 : $0.960
Target 3 : $1.100
Max leverage :1x or spot buy
Thanks
Hexa
BATUSDT Trade Setup!BATUSDT (4h Chart) Technical analysis
BATUSDT (4h Chart) Currently trading at $1.219
Buy level :Above $1.228
Stop loss: Below $1.037
TP1: $1.339
TP2: $1.418
TP3: $1.578
TP4: $1.720
Max Leverage 3x
Always keep Stop loss
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BATUSDT , It can move up . . . Hello guys
We analysed one of the most powerful project that is working on crypto BAT
According you can see on chart after rally we have , we are in correction wave until the first support and it is so important for the price to support in here and we expect after supporting in here it can go up until the trendline resistance
If it cant support in here and it wanna fall down the second support is the other main support that the price should support in there
Until the price is not fall down below the key point level the trend is upward and we are going up and reach to the new ATH
Dont forget use stop loss and attention to money management
Good Luck
Abtin
Basic Attention Token (BAT) also needs to make a decisionWarning: our thoughts are ours; not financial advice.
Yet another project we love and we keeping a very close eye on.
BAT hits the top of its ascending channel. A decision needs to be made soon to either break the channel to the upside or we see a pullback way down, a possible guess would be 30 cents.
Whatever happens, a pullback signals more opportunities to stack up some more. A continuation means we get to keep some profits. So, it's all win-win.
BASIC ATTENTION TOKEN / US DOLLAR (BATUSD) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
BAT can breakdown the support to complete the BAT patternA Recap:
In my previous post we have see that the Basic Attention Token had found the resistance at: $0.1959 and support at : $0.1487 and this support was not broken since 29 Aug 2019 when the price action took drop more than 29% upto $0.1326 but failed to breakdown this support.
And after finding this firm support the price action was moving sideways above this support level since Aug 2019 to Dec 2019 and in the meanwhile the price action was hitting the upper band of Bollinger bands and the mouth of bollinger bands was expanding and moving up and Relative Strength Index ( RSI ) was oversold up till 18 Dec and was turned bullish and Moving average convergence divergence ( MACD ) was turned strong bullish.
The Directional movement the +DI has crossed up -DI and ADX is above 29 level and giving strong bullish signals.
And upto 12hr chart the Ichimoku cloud was turned bullish and lagging span of ichimoku cloud had crossed up the priceline and the price action also crossed up the bearish cloud on the other hand the chop zone had also given strong bullish signals by turning bullish.
On daily chart simple moving averages were also expected to form an open Alligator’s mouth and with all these bullish signals the price action also formed a bullish Shark pattern and entered in potential reversal zone.
Based on all above indicators I predicted that the priceline of BAT token will now breakout the $0.1959 resistance and it will hit the next resistance at: $0.2695
Now What Next? :
Retesting The Previous Resistance As Support:
Now we can see that the price action not even broke out the $0.1959 resistance but also has broken out the $0.2695.
From this level the Basic attention token was expected to retest the recent broken resistance as support and move up to next resistance level at $0.4067 as the BAT token did after breaking out the previous resistance level of $0.1959.
But this time while retesting the recent broken resistance as support the candle sticks are likely to cross down this support or retesting is being failed.
This candle stick is the make or break for Basic attention token because if this support will be broken down than the price action may move more down to retest the previous resistance level at $0.1959, in this situation the coin will loss 39% of its value from the recent high of $0.3221.
But in case the sell will be stopped here and price line will not breakdown this support then we may see the price action to move to next resistance level at $0.4067 and after this resistance level will have only one and final resistance at $0.4493 and if this final resistance will be broken out then the Basic attention token can start a very powerful rally to make new high that will be highest price ever in the history of BAT token.
A Formation Of Bullish Harmonic Pattern:
If we see the short term 4 hour time period chart then the price action is forming a bullish BAT pattern and at this time the final leg C to D is being formed the dimensions of this pattern is as below:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is almost projected between 0.382 to 0.886 of A to B leg's Fibonacci projection (here I have ignored extra spike coz all other legs are perfectly driven) now the final (C to D) leg should be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT pattern and then the price action will be entered in potential reversal zone of this bullish BAT pattern.
As per above pattern we can see that the situation Is still in favor of bears unless the previous support of $0.1959 won’t be retested because the potential reversal zone goes very close to this support however the formation of this pattern is also a hope that the price action may not break down the previous support.
Long Term Perspective:
As on 26th Oct 2019 I posted an article where I revealed that the price action of Basic attention token has formed a big bullish BAT pattern on long term week chart and at that time the price action was in potential reversal zone of this big bullish BAT:
Based on this pattern and some other bullish signals I predicted that the price action may hit the price level between: $0.28328 to $0.42727.
Then from Dec 2019 to Feb 2020 the price action started a bull rally and gained more than 110% value.
Here if we see the 0.786 Fibonacci projection of this pattern then it is at $0.42727 which is very close to its final resistance and at this time the priceline has already hit the 0.50 Fibonacci projection if the price action moves more up from here to breakout the 0.786 Fibonacci level then the Basic attention token will definitely breakout the final resistance as well to make all time high.
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)
Bullish cypher and up channel can lead the BAT to $2After the drop since Nov 2019 the bear leg is completed coz this is the point where the Cypher pattern is completed and now we are in the potential reversal zone of this pattern.
On 27 of Nov we had a very long bear spike which has hit the bottom of potential reversal zone but the power of Cypher did not let the priceline to breakdown this support.
At this point we have four different supports whom did not let the price action move more down and now they are pushing the price action up.
1. Simple moving average with time period of 50
2. Bollinger bands support where the price action has hit after Sep 2019
3. The Ichimoku cloud support
4. And the most powerful support above all is the potential reversal support of bullish Cypher pattern
The channel has been changed:
Since April 2019 the priceline of Basic Attention Token was moving within a down channel but after hitting the lowest price $0.14660 in Sep 2019 now the priceline has changed its channel and now it is forming an up channel and at the moment the price action is getting bounced from the support of this channel.
If we keep hold the token then this channel can lead the price action to $0.50 between 3 to 6 months, but crossing the 50 cents resistance can lead the price action to $2 before the end of 2020.
However for short term trade we can buy within PRZ area of this bullish cypher pattern and sell between 0.382 to 0.786 Fibonacci projection of C to D leg of this Cypher pattern as below:
Buy between: $0.21094 to $0.18625
Sell between: $0.23047 to $0.27724
Regards,
Atif Akbar (moon333)
BATUSD has completed bullish setup | The BAT may hit beyond $2Despite the Basic Attention Token has very strong fundamentals and real use cases on different platforms we will only see the pure technical analysis in this post.
1st breakout and setup of initial leg:
The price action was moving within a pennant since Mar 2018 and its last hit the support of pennant was On Feb 2019, this was the initial setup of X to A leg of BAT pattern and the price action broke out the pennant resistance on Mar 2019 exactly after a year of the date of entrance in the pennant .
Formation of bullish BAT pattern:
After hitting $0.50 the price correction period started and the priceline dropped down to retest the resistance of the pennant as support but the bulls took over again did not let the price action hit the pennant resistance again in the meanwhile the priceline formed a complete bullish BAT pattern as A to B leg was retrace upto 0.50 Fibonacci then B to C leg projected between 0.382 to 0.886 Fibonacci and then C to D leg retraced up to 0.886 Fibonacci, this movement of the price action was perfect as required for BAT pattern .
Now the price action was supposed to take bullish divergence from this potential reversal zone which it has almost taken and now it is moving up.
The indicators and oscillators:
Stochastic has given bull cross from oversold zone and strong bullish .
MACD is turned weak bearish form strong bearish and now turning strong bullish soon just wait for bull cross from the MACD its mean that MACD is clearly indicating that the real game is not started yet, it will begin after when the MACD will be turned strong bullish .
Volume oscillator is moving up and this time it is assigned to bulls.
Price action went very close to lower bands of Bollinger bands but did not hit at the support ever, but this time in Aug 2019 price action has hit lower bands 1st time ever in the life of Basic Attention Token and bounced form this support.
The moving averages:
In above figure you can see in Mar 2019 the exponential moving averages EMA 10 and EMA 20 both moving averages crossed down the priceline one after another and lifted the price action up and formed a golden cross which produced a powerful bullish divergence same as like that now again EMA 10 and EMA 20 crossing down the price action and expected to form a golden cross soon which will again produce a powerful bullish move.
On day chart in Mar and April 2019 the golden crosses between simple moving averages MA 25 , MA 50 , MA 100 and MA 200 completely formed, and alligator mouth was opened which produced massive bull move same as like that again these simple moving averages are opening an alligator mouth you can see in above figure.
The trade volume:
The volume profile of complete pattern is showing traders interest is very weak at potential reversal zone level and after consolidation the priceline is now moving up and priceline can easily hit the POC level of volume profile .
Volume indicator is also showing that trading volume is also very low during consolidation period.
After getting confirmed from all indicators, moving averages , oscillators and patterns if we place the Fibonacci sequence method to confirm the buying and sell targets then technically the price action should move between below price range:
Buying zone: $0.14712 to $0.23280
sell zone: $0.28328 to $0.42727
But the real bullish setup is just completed on Basic Attention Token with Bitcoin pair's chart which can take the priceline above $2:
On July 28th I shared the chart of Basic Attention Token / Bitcoin where the price action has completed a big bullish Cypher pattern on 2 month chart and entered in potential reversal zone.
If you see above chart then the game is not started yet, it has just formed its setup and ready to produce upto 287% profit.
On this chart the volume profile is showing very weak interest of traders at PRZ or potential reversal zone level and we have a very strong support at 0.00002125 sats which is not broken since Mar 2018.
So when on this chart the price action will start bull move then it can be very powerful bull run coz this is the pattern on 2 month chart, but going above the $2 price is subjected to the BTC price if the Bitcoin will move above the $20K then definitely the Basic Attention will move beyond 2 dollars.
Regards,
Atif Akbar (moon333)
LONG BATUSD FIBO BULLISH PARABOLIC UPBATUSD has all indicators volume, bb, kc, fibo, + FCP forex (mechanical; check link below) --
forexwot.com
SHORT @ $0.20363 -- FIBO/PIVOT
STOP @ $0.15873
DISCLAIMER
NOT financial advise. Enjoy your weekend!
-@a1mtarabichi
P.S. Sorry for lack of publications lately; will update more frequently (a lot more) post mid quarter / mid-late OCT.
BATUSD formed shark pattern | Upto 33% profit potential tradePriceline of Basic Attention Token / US DOLLAR has formed a bullish shark and entered in potential reversal zone.
RSI is oversold and turning bullish.
Stochastic RSI has given bull cross.
As per Fibonacci sequence the targets are as below:
Buy between: 0.20762 to 0.1915
Sell between: 0.22310 to 0.25651
Regards,
Atif Akbar (moon333)
BATUSD Buy Signal - 50% profit opportunityPattern: Channel Down on 1D.
Signal: Bullish towards a Lower High.
Target: 0.2800 - 0.30000.