BATBTC trade ideas
$BAT vs $DGBThis might be a little more than most want to get into, but if you like trading alts against alts, these comparisons are the best way to decide when its a good time to switch one alt for another. The data doesn't go super far back on TV when you have my account level, but it goes far enough back to show that BAT is at recent highs against DGB. A swap of these to tokens, BAT to DGB right now seems like a valid play if you want to just earn more crypto buying power over the near term. Not financial advice, merely another way to punt your money.
BAT/BTC Bullish Price Action SpottedBAT/BTC has seen some very strong price action in the last two days, increasing almost 40% in value.
Most of the time, candles like these indicate a strong shift in trend, to the bullish side in this case. Seeing that there's a lot more money flowing into X/BTC pairs currently, I think we will see much more of this coin in the near future.
I've marked two areas of resistance on the chart, R1 and R2. Do your own DD.
Happy trading!
Basic Attention Token (BAT) Wakes Up Strong!This one has been really quiet for a long while... After noticing this, I quickly rushed to buy some as I knew it would move soon.
When nobody is looking, they tend to move.
Today we have a strong breakout for the Basic Attention Token altcoin trading pair BATBTC.
We can see a decisive break above EMA50 with additional growth expected.
This is only starting there will be more.
Namaste.
Basic Attention Token (BAT) Trading SetupBasic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.
This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.
What Makes Basic Attention Token Unique?
The primary use case for the Basic Attention Token is as a payment token for running advertising campaigns through Brave Ads. As of November 2020, advertisers must commit to a minimum ad spend of $2,500 per month to be able to launch their campaign, but a self-serve platform with potentially lower limits is currently in the pipeline.
Currently, this advertising budget must be paid entirely in Basic Attention Tokens, which advertisers can acquire from a variety of third-party exchange platforms. Out of this, Brave takes a small commission, and the rest is distributed to publishers and users.
Setup & Reasons:
BAT is a strong fundamental coin & blockchain project that will have it's moment at a point in 2021.
Trading setup with entries on explained on chart, we are currently outside of long downtrend channel waiting for upside momentum.
For details comment at any time!
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Crypto|BAT/BTC|LongLong BAT/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out a large level of trend resistance of a triangle.
* Possible closing of a trade before reaching the take/stop zone.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - the stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
IT'S TIME TO GET A BAG OF BATSDear Traders,
As you can see in the RSI BAT is oversold in the weekly time frame.
Looking at the chart we can identify that price structure has also formed a falling wedge.
If we look at fibbonaccis we can see that BAT could have found support @ 1.618 fib level.
If we look at BAT in the |DAILY TIMEFRAME|, MACD already signals a bullish cross.
I expect alts to try something while bitcoin rests for a while.
Targets:
TP1: 0.00001569 Satoshis
TP2: 0.00002000 Satoshis
Stop-Loss:
SL: 0.00000575
I know that SL is a bit extreme but at this levels it's better not to sell until we break previous minimum prices.
I wish you the best of luck!
#BAT Looks good for ShorttermBAT looks good at current levels. The coin is bottomed out and showing a good upward moment. BAT is the native token of Brave browser. The brave browser has more than 20 million monthly users and the number keep increasing. The coin is undervalued at the current price. We will see a good rally in BAT soon.
Buy Zone: 600-650
Target: 720-790-850-910-990-1070-1160
Stuff Bats in a bag and wait $BAT #BAT This coin is ridiculously cheap. I expect reversal here. Either way it can't get much lower IMO(against BTC). This coin has an extra $450 million in volume over the last 3 days and someone is getting ready to pump this bad boy. Not financial advice.
💡 Don't miss the great buy opportunity in BATBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000068). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Basic Attention Token/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Take Profits:
TP1= @ 0.0000087
TP2= @ 0.0000106
TP3= @ 0.0000140
TP4= @ 0.0000185
TP5= @ 0.0000221
TP6= @ 0.0000258
TP7= @ 0.0000374
SL= Break below S2
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💡 Don't miss the great buy opportunity in BATBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0000068). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Basic Attention Token/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Take Profits:
TP1= @ 0.0000087
TP2= @ 0.0000106
TP3= @ 0.0000140
TP4= @ 0.0000185
TP5= @ 0.0000221
TP6= @ 0.0000258
TP7= @ 0.0000374
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️