BATBTC trade ideas
BAT Structural Resistance|Respecting Support|Probable BreakoutEvening Traders!
Today’s update will be on BATBTC, clearly supporting its trend line as projected direction is into structural resistance.
Points to consider,
- Trend putting in consecutive higher lows
- Structural resistance to break
- EMA’s providing current support
- RSI respecting trend line
- Stochastics neutral
- Healthy volume
BAT has been establishing consecutive higher lows; a higher high will confirm a change in the overall market structure. Structural resistance in a staunched level for the bulls to close above, this is an important level at the apex.
The EMA’s are providing current support, must hold true when structural resistance is breached.
RSI is respecting its trend line, looking healthy in this immediate uptrend into the apex. The stochastics on the other hand is neutral, stored momentum in both directions.
Volume has been healthy, must sustain an increase upon break of structural resistance.
Overall, in my opinion, BATBTC has a clear structural resistance to break in order to change overall market structure. A break needs to be backed with viable volume, target are at equivalent resistances.
What are your thoughts?
Please leave a like and comment,
A remember,
Trading is mostly a waiting game. if you want action that happens on your own terms, you’re in the wrong field.
Bat is in a Excellant Buy ZoneHello Traders,
Basic Attention done a pullback to its downtrend line and now is just above an strong support level in a excellent buy zone. Its expected that the price goes to the Fibonacci projection with an excellent profit.
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[$BAT] On the road babyLe $BAT ( coin du navigateur Brave) est sur le chemin du plan indiqué précédemment ( )
On suit tranquillement les mouvements du King $BTC qui arrive bientot sur un point de rebond en terme de dominance BTC.D
Comme toujours , patience est signe de vertue :) et toujours un plan B (au cas où)
Peace!
BATBTC ready to battle 3400 satsWelcome fellow Tradingviewers,
BATBTC has not shown much traction since we shared our first analyses, mostly just sideways action.
Untill the start of February where we finally retested our MA's for 'one last time' before aiming for higher grounds.
Without further or due, lets start analysing:
We will be analysing BAT using a top-down strategy, including candlestick patterns, indicators and price patterns.
Monthly :
- This last monthly candle wasn't that interesting, but this one is turning in to a bullish engulfing candle, indicating more upside.
- The volume this month is definitely increasing, currently prices are increasing to, indicating more upside momentum.
Weekly :
- The last weekly candle closed in a bullish engulfing candle, indicating more upside.
- The volume on the last two weekly candles keeps on increasing, indicating more upside momentum.
- MACD has crossed bullish , indicating more upside momentum.
- RSI is still neutral.
- Approaching the 3200 weekly resistance, indicating downside momentum.
Daily :
- We clearly found support on the 200MA indicating that the bullish case for BAT is still legit, indicating more upside.
- Above all Ma's indicating more upside momentum.
- MACD has crossed bullish indicating more upside momentum.
- RSI is nearing oversold territory, indicating downside momentum.
In summary:
We can clearly see that the bulls are trying to let BAT take off.
The volume is increasing a lot while price is slowly following, which are major bullish signs.
We still have a long way to go but the first steps are being made here.
The 3200/3400 sats resistance is going to be important for the bulls to break.
This analyses is only intended to share my idea, to educate and entertain you guys.
This should not be considered as financial advice.
I hope you guys enjoyed this analyses, if you did don't forget to leave a Like !
If you want to share your thoughts, please do so in the comments below!
Kind Regards,
FORALLCRYPTO
BAT/BTC - CryptoBROBAT mit einer bullish Konsolidierungs-Range
Preis ist über dem Hochpunkt der vorherigen Monats und über dem 0-5 Fib Level der aktuellen Range. Alle Zeichen deuten daraufhin, dass der Preis zur oberen rot eingezeicneten Supply Zone steigen sollte. Fomot wird mit jedem weiteren Anstieg wachsen.
BAT/BTCJust got a nice wick down to trigger stops on Finex.
Eve & Eve bottoming pattern forming on a healthy FOMO coin.
I'm interested. Wish it was trade-able on margin on Finex.