BATUSDT trade ideas
BAT to 0.45Broke over two longterm resistances and now retesting RS flip. If supported target is 0.45
BATUSDT AnalysisPeople who bought BAT in the first week of August from BULL signal, enjoy your 28.38% PROFIT that you made in less than 2 weeks!
If you are holding BAT, do not hurry to sell since there are no sell signals present and the candle has open-closed above the resistance level (0.33) for 1D and it turned into support level.
You can sell when there are sell signals present from EngineeringRobo or you can wait for candle to open-close below the support level (0.33) for 1D to sell.
Also, if you haven't bought BAT, the risk-reward ratio is higher than 2, there are BULL signal present and the candle has open closed above the resistance level. So, if you want to buy, you can buy right now. Once you buy, please watch out for EngineeringRobo's sell signals.
Basic Attention Token BatUsdt Long Term AnalysisIt has broken the downtrend since April 2019. It also retested the trend line. It's like a safe buying zone. Don't be a fomo? =)
This amateur study is definitely not investment advice.
Goodluck for everyone
P.S. Thanks to Oğuzhan for his opinion.
BATUSDT, 1HHello MEGaGENTE¡ we have what it is to go down from March 13 Approximately at 5:00 in the morning we have what that black line is Okay I marked it as an uptrend line good Remember that always what is a support then is a new one resistance that uptrend line that draws you on that black line was a support for a long time and on 24 at 1 in the afternoon Argentina broke it broke use of support that major downtrend line on the daily chart that we bring back a long time ago and that was explained in previous ideas.Well, he broke it that day and was using it as support and then that Black trend line already named served as a ceiling, see how exactly on August 10 at 9 in the morning it touched it as a ceiling and bounced down Okay remember these the daily chart What happened next came touched broke those moving averages is both exponential and weighted broke and touched in fact and use more or less support what It was the ma100 Okay now currently not These moving averages already named closed as I beat open the ema20 as the wma50 But what happened what when it touched that ma100 a bounce went up and started to form a small ceiling at 0.2742$ Okay currently broke it but see how it did not rise strongly to touch the black line that already mentioned that is around 30 cents Okay our next Target 0.30$ Success for all
Binance Hot list coin August 13, 2020 : BATUSDT #2BAT has broken out of the yellow resistance trend line which acts as a major resistance previously. It's retested this yellow region as a support too which formed a closed body slightly above the .382 fib level. With this current structure, the phase 2 of break out strategy is being met and we'll see the upside moves toward the next resistance which is having an alignment with the golden pocket zone.
Bullish confirmation on BAT/USDTBAT confirmed bullish market structure on the other side of the downtrend line tonight.
Pushing up through the $.28 resistance into close. Trading above VPVR value high, a close back inside value would not support this long setup.
AB=CD harmonic objective has perfect confluence with the 1.618 Fib extension up in the Short RLZ of the recent downtrend.
Watching for an influx of buy volume to support this breakout.
