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.
BATBTC trade ideas
Basic Attention Token (BAT) | Patience Is Key!Some people are losing patience with Basic Attention Token (BATBTC)... But remember, patience is key!
This is the setup we have now where prices moved above MA200 but quickly fell below...
Even though there was a rejection at this level, EMA50/100 is still working as support.
From this level, prices can easily jump (green arrow)... But even if prices drop, we remain bullish after the drop...
Patience is the key to win/succeed.
Namaste.
BATBTC | Structural Support | Apex | Low Volume Todays Chart – BATBTC – trading in a multi-month triangle formation nearing its apex.
Points to consider:
- Support and resistance converging (apex)
- Macro swing low failure
- Low volume
- RSI breaking below 50
BATBTC needs to hold local support for a break and of local resistance.
However, failing to hold local support; a break to structural support is plausible.
Swing low failure (higher low) on the daily is indicative of a macro trend shift. S/R flip st structural resistance will solidify trend reversal.
Volume is below average, an indication that an influx is imminent coinciding with the probable breakout.
RSI is breaking below 50 showing weakness in the market indicating a probable retrace to structural support
Overall, in my opinion, BATBTC has some work to do and needs setup.
A long trade will be validated on a re-test of structural support (conservative entry) or a break and re-test of local resistance (aggressive entry).
What are your thoughts? Let me know in the comments below!
Be sure to leave a like and follow me for daily chart updates.
As always, focus on you - and the money will too!
BATBTC Head and Shoulders PatternBATBTC is forming a head and shoulders pattern. Expect BAT to be bearish in the near future relative to the bitcoin and therefore the crypto market in general. I don’t see a head and shoulders, however, in the BATUSD chart, so BAT may still be a good buy relative to fiat. The Brave web browser recently received some negative coverage (to read about it Google: “Brave affiliate link controversy”) and I suspect that may contribute to a downtrend in the near future. In the long term I believe that is something Brave and BAT will put in the rearview mirror, and I do expect BAT to be one of the coins that most benefits from the bullish crypto cycle that we are now entering.
BAT - On the move...#BAT Retraced to the demand zone where buyers stepped in and pushed price up with an impulsive more. After some consolidation price should now ready to breakout on LTF with another impulsive move... If your not in alrea BINANCE:BATBTC dy could be a nice spot to hop in..
15M
Please take a look, like, comment...
Thanks
BAT is ready to Explode! BUY SIGNALGuys PAY ATTENTION!
Been accumulating for a while and is ready to explode! If you are selling it, i ask you what are you doing in crypto? Soon this coin will be at $1+ ....until $8 to $10... Are you calling me ambitious? We will talk by then.
NOT A FINANCIAL ADVICE, JUST MY REVIEW ;)
PLEASE INVEST AT YOUR OWN RISK
QS BAT/BTC quick scalp opportunityNo time for BIG explanation if this have to be actuall.
I just see this toppy here and reversal possible.
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m 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/BTC UpdateSo my previous chart on BAT got invalidated due to lack of bearish momentum. So, i made a new analysis on BATBTC.
- As we see here, BAT broke out of the channel and flipped it to support.
- We can expect the price to go up to the 1.272-1.618 fibonacci extension. That would be our first take profit region.
- If the price extends beyond that point we can look to tak our next profit at 2.24 extension. All of which is marked in the chart.
Will update when required. Follow me for regular content on Crypto and Equity based charts.
-Kautilya.K
$BAT, Crossing over ~2600 sats level..$BAT
Crossing over ~2600 sats level & trying to flip it into support as 12H EMA50/200 are showing a golden cross
Making a HH w/ increasing volume could also lead to confirmation of continuation to the upside..
Next resistance/target should be around 2900sats (~12%)
$BAT
#BAT-BTC- MAY SPARK UPTO 86% BY THIRD WEEK OF JUNE 20AS 20 SMA EXPECTED TO CROSS 200 EMA AROUND NEXT WEEK , UPTILL BAT TODAY AT AROUND 2500 SAT MAY TOUCH ONCE 3000 SAT THEN AGAIN WILL MOVE BACK TO AROUND 2500 AS INDICATED BY YELLOW SQUARE AND THEN FROM IT WILL SPARK TO BLAST FOR ITS NEXT RIDE UPTO 4700 SAT APPROX AS SHOWN IN RED TEXT IN THIRD WEEK OF THIS JUNE.
Basic Attention Token Is Now Ready, Final CallThis is the final call for the BATBTC (Basic Attention Token) trading pair.
The resistance level marked by MA200 has been tested and retested, now it finally broke.
With this barrier taken out, Basic Attention Token can now grow.
Previous chart:
Namaste.
$BAT Major Upside Potential
Looking at the 12h chart of $BAT here, I like the 12h chart just because it's a 1D timeframe but split into two candles instead of one, giving me more data to work with
I signaled entry in my telegram group at 2321 sats, bottom of accumulation zone, which is a known and respected weekly level
Breaking it down into the science of trading, 1st TP which isn't really much of a target because it's already been tested once before at 2580 sats (top of accumulation)
Daily close above is huge, meaning the 2715 level is next to be tapped
1st TP at 2715 sats
2nd TP at 2819 sats
3rd TP at 3022 sats
4th TP at 3246 sats
5th TP at 3452 sats
Will continue to update this post as this move progresses, I have a bag of BAT that i'm holding
That being said i'm also not biased, using very logical thinking here not throwing out some delusional numbers either. I've been watching this coin all year and waiting for this crucial close over the top of the accumulation
BAT/BTC 2D (Binance) Channel supporting & triangle near breakoutTA: Basic Attention Token is accumulating in the upper part of the parallel channel with only one fake-out to the downside.
I'm expecting the price to break-out the symmetrical triangle and retrace back to where it was a year ago.
FA: BAT is one of the few tokens to have a real product already functional: Brave.com a Browser rewarding you for the ad content you see.
Also, you can Earn up to 6% APR in Crypto.com App investing at least 1250 BAT (or 125 in flexible term but with less interest of course).
Current Price= 0.00002274
Buy Entry= 0.00002292 - 0.00002152
Take Profit= 0.00002682 | 0.00003026 | 0.00003859
Stop Loss= 0.00001762
Risk/Reward= 1:1 | 1:1.75 | 1:3.56
Expected Profit= 20.70% | 36.18% | 73.67%
Possible Loss= -20.70%
Fib. Retracement= 0.382 | 0.5 | 0.786
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1440
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.
BAT, real potential for usable cryptocurrencyBAT is one of the few cryptocurrencies that has an actual use case, and with a very competitive and well designed browser, they have a tangible asset that is useable right now. I am keeping a close eye on it and waiting for a break above the massive supply zone before taking long term positions. In the mean time, might be able to swing a bag the next few weeks.
BAT/BTC (Bullish Weekly Pattern?)BAT/BTC
-currently forming a bullish descending channel
-testing the trendline resistance
-we also have a bullish rejection at previous support
-best trading strategy is to buy the break of trendline
-your target is the swing top resistance at 3300s
-stoploss is placed under 2150s