BATBTC formed Gartley on 2 week chart | Upto 59% move expectedA formation of big bullish harmonic Gartley pattern:
At one side the Basic Attention Token with Bitcoin pair has formed a very big bullish Shark pattern on 2 month chart that I have already shared however for reminder I will again share that 2 month bullish Shark chart again.
Within that big bullish Shark pattern on 2 week chart the BAT has formed a big bullish Gartley pattern that can also help the execution of bullish Shark pattern that is formed on 2 month time period charts.
Let’s dig the pattern deeper to see how perfect it has been formed.
Intial leg was started in Sep 2019 and ended on Oct 2019, after initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.618 to 0.786 Fibonacci and now entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: 0.00002289 to 0.00001973 sats
Sell between: 0.00002539 to 0.00003138 sats
So this trade can has capacity to produce upto 59% big profit.
Stop Loss:
The potential reversal zone area that is up to to 0.00001973 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
BATBTC trade ideas
BATUSDT formed bullish Butterfly | Upto 24% moveA formation of harmonic bullish Butterfly pattern:
This time on daily chart Basic Attention Token (BAT) with Bitcoin pair has formed bullish Butterfly pattern and entered in potential reversal zone and ready to move up at any time.
Even though after visiting the buying area the pricline of BAT has already hit 2 times in sell zone but MACD is still turning bullish therefore I am expecting that the price action of Basic attention token will again take powerful bullish divergence to enter in sell zone.
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 01.27 to 01.618 Fibonacci and now entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern should be:
Buy between: 0.00002223 to 0.00002086 sats
Sell between: 0.00002329 to 0.00002587 sats
So this trade can has capacity to produce upto 24% good proit.
Stop Loss:
The potential reversal zone area that is up to to 0.00002086 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
BAT/BTC TA Update (must hold key support)BAT/BTC
BAT just barely closing below important support at 2200 sats level and currently holding it for 7 days already.
BAT is approaching immediate trend-line resistance which is located between 2300-2400 sats.
If the bulls can break this key trend-line, we may conclude that new support is built and we can expect a short-term rally up to 2700-3000.
If you are a conservative trader, waiting for the breakout confirmation is a must to add an extra layer of security.
Basic Attention Token Trade Signal [BATBTC](116%)Basic Attention Token (BATBTC) is trading within EMA300 (grey) and MA200 (black).
This setup is bullish since prices are now moving above EMA200 and we have a bullish cross on the MACD and strong RSI.
Other altcoins are also starting to grow.
Below the full trade numbers...
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Trade: Basic Attention Token | BATBTC
BUY: 0.00002500 - 0.00002750
NEXT SUPPORT: 0.00002222
TARGET:
1) 0.00002950
2) 0.00003150
3) 0.00003500
4) 0.00003750
5) 0.00004150
6) 0.00004400
7) 0.00004750
8) 0.00005750
PROFITS POTENTIAL: 116%
(Price at writing 0.00002666)
STOP: Close weekly below 0.00002000.
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This is not financial advice.
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Namaste.
BATBTC - WATCHLISTHello All!
I will share my thoughts of the current market situation and any possible targets. You can make your conclusion out of this and make your own decision how to play it!
BATBTC; Bat is on my watchlist because since januari 2018 we are ranging in a wedge, this wedge had a bullish breakout in February 2019 but fell back down and is now respecting that pattern again. In June 2019 it seems that a cup and handle pattern is building into the bigger pattern. I believe that once we close above resistance we can see a big move again as back in February 2019.
Next target; give this idea a like and me a follow : ))))
Thanks for your support !
Remember ; Every Moment Is Unique !
BAT/BTC - typical structure on the most of altcoinsI started SHORT BAT/BTC, because it has very nice bearish structure, ABC correction should be finished (we got a small triangle in the wave "C" and triangle is always before last move in certain direction). Nothing bullish, this should be easy short.
BAT/BTC - last leg up before crash (short term trade)All altcoins are finishing their corrective uptrends, so every long on altcoins is pretty risky, but there is still some juice left - I found good setup on the BAT/BTC. After nice leg up (wave "a") we slow choppy move and now we break out of that corrective channel and finished wave "b". The wave "c" should finish at 2670 satoshi, I will close long there and probably consider short.
BAT / BTC Fractal 2019. History repeats itself. Potential + 180%Copying. While there is a clear tracking of the fractal. Even the time frame is almost day to day.
Maybe this is specially done to deceive at the most crucial moment.
The price is now at the resistance line of the downward channel in increments of about 33%.
ENTRANCE
On a break of the downtrend line, or a rollback after the break, depending on your trading strategy.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the coin volatility))))
As history shows Stop Loss on this coin for losers. Stop Loss knocked out was -33%. And in most book traders put Stop Loss at 3-5%, well, the most aggressive at 8-10%. But still, those who are smarter know where the crowd puts Stop Loss. Why pull the crowd and give money? The crowd should buy only near the highs, or who does not dare to enter the market after knocking out Stop Loss, feels a sense of "lost profit", as on this coin. And to justify oneself is all manipulations, this is not an honest game, the book does not write to do so). In such a Stop Loss knockout, no Stop Loss size will help you ...
Therefore, the pump happened by + 180% from breaking through the downtrend line, and if we take into account the knockout of Stop Loss from the price to about + 210%. Growth was without passengers.
Therefore, I emphasize once again that it is not the Stop Loss size that matters, but the entry point!
TARGET
In cases of breaking a downward trend line and working out a fully fractal, the potential is about + 180%.
It is also worth noting that I showed the time frame of the price movement, but you need to understand that this is subjective, but with what the demon is not joking.
Pivot points (zones) I showed on the chart. All levels (price zones) on the chart.
Also, if the price does not break the downtrend line (resistance of the downtrend), then the possible work in this channel with a width of about 33%.
Work on the situation, depending on how the price responds to a particular level (zone).
Also, do not forget that the price is now flat at the bottom of the main horizontal channel of the trend.
BAT is at the bottom of its former channel Potential + 140% October 2019
The trading idea of this coin is to the dollar.
BAT / USD Formation of a symmetrical triangle. Potential + 310%
#BAT is near a major resistance level, good bounce is expected#BAT is looking good and it seems that March will be a profitable month for holders.
The coin almost reach its major support which has been holding the price from falling since 2018 year. Expect to see a nice-bounce in mid-term.
My previous idea on #BAT:
If you like my idea, Follow and Like and Comment.
BATBTC Long opportunity with 100-300% targetHey guys spotted potential right angle ascending broadening wedge with price just bouncing off the bottom of the pattern.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to our risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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