Buying Low - Selling HighThere's been 14 consecutive weeks of red in which BAT lost value towards BTC unable to keep up with BTC's rally.
BAT hit close to it's lowest low it ever had in relation to BTC. Talking about buying low selling high.
This looks like a great entry point. The best entry was last week but second best entry can be still a great entry with a total of 143% to get back to August highs!
BATBTC trade ideas
BAT Ready to FlyBasic Attention Token (BAT) breaks the downtrend structure. BAT also tested the downtrend line and confirmed the breakout. This is a good buy for quick returns. BAT is the native token of Brave. Brave browser is gaining a lot of attention and users in the past few months. Hopefully, we see a good rally in BAT.
Buy Range: 1150-1180
Target: 1300-1470-1690-1960-2200-2550
BAT/BTC 15m (Binance Spot) Bullish flag breakout & retestBasic Attention Token has just broken bullish and is pulling back to give us entry, time to get onboard for a scalp!
Current Price= 0.00001323
Buy Entry= 0.00001329 - 0.00001319
Take Profit= 0.00001353 | 0.00001382 | 0.00001415
Stop Loss= 0.00001295
Risk/Reward= 1:1 | 1:2 | 1:3.14
Expected Profit= +2.19% | +4.38% | +6.87%
Possible Loss= -2.19%
Fib. Retracement=1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 48h
✳️Basic Attention Token/BTC (24/10) #BAT $BAT #BATBTCBAT is in a quite desperate situation when its prices have continuously decreased since September. However, we are approaching the support zone at 1600-1650sts, which is the starting point of BAT's super strong pump to 3400sts in September 2019.
So here we can buy with the stop loss below 1550sts, the risk is quite low and if we hit the stop loss we would wait to buy BAT back in the 1350-1400sts zone, there exists a considerable buying force.
BAT/BTC Bottommed in Bullish Territory? (+75% Potential Profits)Hello Traders,
Today we are looking at the daily chart for Basic Attention Token (BAT) on Binance, a coin which seems to be testing some key levels that have acted as strong supports in the past. We can see that this coin has retraced massively since its last bullish wave, which peaked at around 3700 satoshis. The MACD is also very low and the RSI is entering oversold regions, indicating that this downtrend may be coming to a halt soon.
We can see, historically, that whenever this coin trades at these levels (blue boxes), it is only a matter of time before the next, massive bullish wave. Keep your eyes on this coin for that bounce, because we may see some massive growth shortly after.
A potential trade set up could be:
Entry: 1850-2000
Support: 1700-1800
Take Profits:
1 - 2250 (+15%)
2 - 2525 (+32%)
3 - 2925 (+53%)
4 - 3325 (+75%)
Let me know your own thoughts and comments down below. Also, leave a like and follow me if you liked the post! Thanks for reading, happy trading.
Price at writing: 1910 satoshi
BAT BTC LongHi everyone,
Here is my BATBTC chart where I have observed a pontential for growth of Basic Attention Token.
The MACD is low and on the 4h chart we see the cross which may mean a trend reversal. The 1DAY Rsi is very low which gives it also room for growth. On top of that I see a falling wedge which usually breakes to the upside.
Backing up these conceptcs and to conclude BAT is a project which is working and growing and has a stable team. It has been around for a long time and its a matter of time for it blow up in value to BTC.
The targets I have shown in the yellow boxes.
@Trade at your own risk - this is not financial advice@
BATBTCHello traders!
BAT is on its ancient support line and ready to see some altitude again.
On both daily and hourly timeframes double bottom patterns are expected to be formed.
Trade it spot or margin as you see fit. Set SL on daily close below the red line.
I'd appreciate each and every one of your likes and it'd make me so happy. So don't hesitate to smash the bottom!
Happy trading!
BATBTC is testing weekly support, again 🦐BATBTC is testing weekly support, The price is in the important weekly range.
If the price will break 4h resistance and gains bullish momentum, we can see a new bullish impulse
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.