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BATBTC trade ideas

BAT-BTC : Next stepsHi everybody, this can be easily sorted to Beyond Technical analysis category. There is no philosophical background behind this idea, I just played with fibs time zones a little and all past tops pretty fits. This may be just huge coincidence, but let indicators talk: MACD: golden cross - bullish MACD: histogram buy signal STOCH : buy signal (dotted lines/gray stripes are daily chart resistances) Realize that this is 1W chart and If trend remains, next top by fib time zone would be at 02/2020. This is not a financial advice, do your own research.
Long
by allkrystals
BATBTC - Testing ResistanceBINANCE:BATBTC is testing potential resistance. I've circled the past support at this current level in the past on the BINANCE:BATBTC daily chart. I'm not quite sure the market is ready for #AltSeason as BITSTAMP:BTCUSD appears poised for a major move soon. The RSI and StochRSI are nearly oversold or are already oversold. The price itself is approaching the 100 day SMA, coincidentally at the same level that might be potential resistance. While I like the Brave browser and think there is a lot of potential in BINANCE:BATBTC I have a feeling the recent relief may slow down. I'm looking for the RSI and StochRSI to cool down some and hoping the 50 day SMA can hold as support. I think we are close to a bottom, but the huge bullish potential may not be fully ready to transpire. DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
by BigBitsIO
1
BATBTC: Potential Continuation. Alt Run XRP, ZRX correlation.*Not financial advice* Previous BAT posts below. Nothing much has changed for long term outlook. There does appear to be upside potentially in the near future due to: -ZRX, ETH have already completed their double bottom patterns -BAT AO (momentum) has been diverging for months. -Volume has finally resurfaced from YTD lows. -Currently at historic price range lows (check BAT/BTC 1W chart). Definitely a stop loss trade to manage downside.
Long
by UnknownUnicorn3849902
Basic Attention Token Next Falling Wedge (300% Profits)Here is the full chart for Basic Attention Token (BATBTC) on Binance, it shows data since November 2017. We are going to keep it simple today and look at the multiple falling wedges throughout time. Notice that each time a falling wedge is completed, a new up-wave takes place. The current falling wedge is the biggest one, which means that it can also produce the best results. Here we are looking at 300% potential profits based on my calculations, long-term, but it can produce even more. What are your thoughts? Please share with us in the comments section below... Namaste.
Long
by MasterAnanda
14
BATBTC starting to look good for quick profitsA few caveats here, but BATBTC is starting to look pretty good. The 4hr is trying to break above the resistance zones around the 1860 sats. IF you are going to play this long position, always make sure that you understand that typically there is a retrace after a breakout. So when we break above the 1860 sats and are also above the 10 and 20 MA, allow it to retrace 1-2 candles. You will want to buy in after the retrace and above the retraced support. Set your stop loss to the bottom of your retrace candle (plus a little slippage) and enter into a position above support. I would set up a limit order for this scenario and place it once we are above all the MAs. Looking at possibly 2000 sats or somewhere around the aqua trend line for profit.
Long
by Zulu_Kilo