BATBTC trade ideas
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.
BATBTC, 2x- 3x from hereIf BATBTC can maintain above the current Phantom Script Daily Midline,
I'm expecting a big move,
T1, %100 ROE from here
T2, % 350 ROE
RBI, breadth indicator still bullish on K/D cross (green line above red)
RBI, Signal line, (white line) just signaled a cyan buy, aka incoming turn.
Phantom midline is support,
My current stop loss 2286
Indicators used by: @CoinObsAlgos
-Phantoms script
-Relative Breadth Index
BAT / BTC " BASIC ATTENTION TOKEN OUTLOOK "BAT / BTC , as well as BAT / USD are both oversold.
After increasing to $1.00+ against USD , and +90k sats for BTC, BAT has taken a tremendous downturn over the last several months.
With the semi-bust and non-adaptability of the "Brave" browser, and the lackluster support and downloads of users to the application has probably played a part in the lack of excitement here.
This is one of the most owned coins/tokens by crypto hedge funds around the world. When it runs, it has the tendency to really pile over itself, as we saw as we went $1+ for a short time last year.
Now that we are touching a major historical support zone, i expect BAT to range w/i 10-13% of its current price while it goes sideways through the zone.
We may do this for several days-weeks. At current its up 7.14% on the day, and seems to be cooling off temporarily.
Long term (6-12 months) this is a phenomenal hold in my opinion, and may rise as high as 3-4x over the next year or so.
Short term (3-6 months) this is a good hold in my opinion, and may rise as high as 60-70% + over the next 180 days or so.
Immediate Term (1d-1mo) this is a fair hold in my opinion, and may rise to the target points, and net 20-30% over the next 30 days or so.
BAT/BTC TA Update (Minor Pump on the way?)BAT/BTC
BAT is on a deep downfall for 25 days already without any minor upward price reaction. It is holding the 100 Day MA as support currently and within the area of 0.618 Fib.
RSI is reaching an overbought condition. I expect a minor pump is due for a lower high to be set during this short term down-trend.
BAT/BTC Waiting on confirmation Here we see BAT nearing a breakout of this falling wedge? Will it break through or continue to bob and weave in the wedge for a later date. (BAT) Brave has seen its monthly active users go from 5.5 Million in 2018 to 10.4 Million in 2019. This can be the catalyst that it needs. Awaiting confirmation- Nuetral-Long
BAT/BTC 25% profit ideaMy first prediction here, lets see how it goes... BAT fundamentally is a GREAT project and has shown certain strength for the moment.
Also, here is some technical analysis that clearly shows a movement BAT may do.
Buy in white box! sell in violet horizontal lines.
SL: red horizontal line.
What do you think??