✳️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.
BATBTC trade ideas
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.
BATBTC - Channel Bounce, Historic Pattern 🐈⬛BATBTC historically loves this big horizontal channel and usually respects it on both sides bouncing up and down for a long period,
NOW ITS ON THE BOUNCE, And it could easily travel 40% moving forward.
1st Target : 0.00003132
Only A NOVICE trader follow my analysis at your own risk - I publish for feedback, I love chatting to people about what im seeing for education so do comment !
BAT ready for BULL RUN - (Currently at MONTHLY SUPPORT)#BATBTC Technical Analysis Update:
Reasons for BULLISH MOVE:
1. BAT is currently at a monthly level(Support) around 2125 sats.
2. BAT is also near the DEMAND ZONE. If we look back on 30 SEP 2019 (BAT was in DEMAND ZONE, After which it did 75 % percent UP MOVE), right now after 1 year, again we are in the same DEMAND ZONE.
3. BAT back in 04 MAY Week was also in DEMAND ZONE, after which it went again 75% up. So whenever, BAT comes into DEMAND ZONE, it flys afterward.
4. BAT has been in accumulation ZONE since DECEMBER 2019, so huge breakout can be expected in coming weeks.
5. BAT Price has been fallen in the last month but the important thing to note is that there is no selling volume. The amount of distribution volume is very low, which means the downtrend is not supported by the volume. and we can expect BULLISH move.
Reasons For Bearish (In case)
1. Bitcoin Dominance can cause all the ALTS to PUMP & DUMP. Always watch out the levels of bitcoin dominance.
If Bitcoin Dominance Increase & Bitcoin Price Increase >>>> Then Alts BLEED/DUMP/BEARISH
If Bitcoin Dominance Decrease & Bitcoin Price Increase or Sideways >>>> Then Alts PUMP/MOON/BULLISH
If Bitcoin Dominance Increase & Bitcoin Price decrease >>>>> Then ALTS DUMP >>> Accumulate FIAT(USDT) in that situation.
Thanks.
Stay Tuned.
Support needed just give me a thumbs UP if I deserve, otherwise, Thanks anyways. Stay Blessed.
BATBTC LONGMaybe 2163 is a good level for long position according to Istanbul indicator.
Istanbul is a smart support/resistance indicator based on price action. It analyzes price with different lengths and decide where is the high volume and reversal pattern.
For more info:
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
BAT/BTC BREAK THE FALLING WEDGE a.k.a BREAKOUT================ BINANCE:BATBTC ================
BATBTC break the falling wedge
I long
maybe TP 1 in : 2440
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this is Not Financial Advice
Please use Risk Management
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BAT/BTCBAT is actually sitting right above the range low on the daily. This is where swing traders should step in. With the whole market is rallying a bit, I expect that BAT will follow from here.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
Bullish Engulfing on important Support levelHello, traders.
The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows. The Bullish Engulfing pattern appears in a downtrend and is a combination of one dark candle followed by a larger hollow candle. On the second day of the pattern, price opens lower than the previous low, yet buying pressure pushes the price up to a higher level than the previous high, culminating in an obvious win for the buyers.
Best regards.
BAT/BTC It will grow soonHi
Kindly like the ideas if it is helping you and leave a comment
no need to say something , chart is speaking it self .
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
This is not financial advice.
Remember to do your own research and build your own plan before you trade
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Good luck.