Basicattentiontoken
Bassic Attention Token Historical ChartBATUSD Weekly Chart with Fibonacci Levels, and potential EWT Count.
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Always do your own research and consult with a licensed investment professional before investing.
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Bullish cypher and up channel can lead the BAT to $2After the drop since Nov 2019 the bear leg is completed coz this is the point where the Cypher pattern is completed and now we are in the potential reversal zone of this pattern.
On 27 of Nov we had a very long bear spike which has hit the bottom of potential reversal zone but the power of Cypher did not let the priceline to breakdown this support.
At this point we have four different supports whom did not let the price action move more down and now they are pushing the price action up.
1. Simple moving average with time period of 50
2. Bollinger bands support where the price action has hit after Sep 2019
3. The Ichimoku cloud support
4. And the most powerful support above all is the potential reversal support of bullish Cypher pattern
The channel has been changed:
Since April 2019 the priceline of Basic Attention Token was moving within a down channel but after hitting the lowest price $0.14660 in Sep 2019 now the priceline has changed its channel and now it is forming an up channel and at the moment the price action is getting bounced from the support of this channel.
If we keep hold the token then this channel can lead the price action to $0.50 between 3 to 6 months, but crossing the 50 cents resistance can lead the price action to $2 before the end of 2020.
However for short term trade we can buy within PRZ area of this bullish cypher pattern and sell between 0.382 to 0.786 Fibonacci projection of C to D leg of this Cypher pattern as below:
Buy between: $0.21094 to $0.18625
Sell between: $0.23047 to $0.27724
Regards,
Atif Akbar (moon333)
AltCoins that im buying for 2020 #HODLWhat coins are good for next year?
Its alt season gonna start soon?
What are my favorite coins and where i can buy them? Lets find out in the next video traders. Bless
Basic Attention Token ($BAT) is going to get some attention.BAT is currently forming right shoulder of inverted H&S pattern.
Potential entry point is 3341 sats (break of the neck line).
With two potential target profits:
1. 4194 sats
2. 5113 sats
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
Bullish INV. H&S on Basic Attention Token vs Bitcoin Everything you see is on the chart. Inv. H&S is formed on daily chart. But this pattern is a failure before confirmation. Go long only if price is above 3400 satoshi on BAT/BTC daily chart. This could be confirmation of bullish inv. h&s pattern. Invest or buy only that you could afford to lose. Press like & subscribe to my tradingview!
BAT Weekly LongMACD, RSI, Stochastic RSI and Squeeze Momentum all suggest that Basic Attention Token has upwards momentum and is about to move higher.
The brave browser is gaining users by the day while the BAT token is seeing increased adoption across a variety of platforms at an alarming rate.
I believe in the product behind Brave and the solution it provides for advertisers. Given the resurgent bullish momentum across the crypto market in recent weeks, I believe anything from .22-.26 is a buy.
BATUSD: Reversal Watch - 2-3x Potential on Positive GrowthAnalysis:
-Lots of action in a relatively tight range for several weeks now, roughly the $0.20 - $0.16 region.
-Alt run in action
-Band hits for default KC 1.25 have been a good indicator for reversal (either way).
-Volume lulls frequently lead to high volatility periods, and has shown on this chart.
-21w ROC has a well-validated buying level at roughly -65%.
-A higher low here, especially with 0.236 acting successfully as support, would likely imply a higher high with 0.786 being a likely scenario. This may hint at a long-term reversal for BAT, as it may finally make the switch from LH,LL,LH.... to HH,HL,HH.... Could the growth of Brave browser users and publishers be the impetus for this reversal?
With the alt season already running at full steam, it's tough to choose which alt will have the best returns. LINK, BAT, XRP, and several others will be fierce competitors for money pouring out of BTC. Interesting times indeed.
BAT BULLISH consolidation bellow resistance ?BAT was during bullish consoldation between 2410 and 2650 sats. Price action: BAT closed above 2650 sats breakout. Major Resistance was double top at 3450 sats.
BAT closed above EMA 21,50,100,200 periods Uptrend. Potential Target: 3150 sats.
Volume: of buyers increased confirm bullish price action.
Indicators: MACD bullish crossover above zero line, RSI above 50 points. Bullish Sign.
Pattern: Bullish Consolidation bellow resistance.
S/R: Major Support at 2211, Support 2410. Resistance 3150, Major Resistance 3450 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
BAT parallel channelBAT chart is good because it formed a nice parallel channel. When channel is formed price tend to follow its borders untill they are broken - then it will move into breakout direction.
Now price in the middle. Support at 2424, center at 2525 and resistance at 2626 (easy numbers easy to remember). Now you have a roadmap. Follow it. Buy support, sell resistance.
Breaking channel down will take price to ~2222 support. Breakout will meed 2727 resistance and then move towards ~2950.
Basic Attention Token - Buying within the channelTrade Idea
Trading within a Bullish Channel formation.
The sequence for trading is higher highs and lows.
Bespoke support is located at 0.2240.
Preferred trade is to buy on dips.
Further upside is expected although we prefer to buy into dips close to the 0.2240 level.
Expect trading to remain mixed and volatile.
Buy at 0.2240
Stop: 0.20925
Target 1: 0.2800
Target 2: 0.30000
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BAT news effect ?BAT jumped after Binance news. "Binance Adds Margin Trading for BAT". BAT price action above EMA 21,50,100,200 Uptrend. Hold above green support trend line. Potential long target: 3150 sats 1.618 fibs level.
Price action inside uptrend channel between green support trend line and red resistance trend line.
Volume: confirm bullish price action.
Indicators: MACD bullish crossover above zero line. RSI above 50 points.
Pattern: Uptrend channel.
S/R: Support at 2490, Major Support 2350 EMA200, Resistance 2915, Major Resistance 3150.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Basic Attention Token (BAT) Let's add one more alt to the bucket of charts that look good for a long position...
Round bottom, New 60-day high, breakout above key S/R level, Strong weekly/daily momentum, Average volatility, decent Risk:Reward.
BAT Basic Attention Token strong Uptrend ?BAT price action above EMA 21,50,100,200 strong uptrend. Above green support trend line.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
Volume confirm bullish price action.
S/R potential support 2175, resistance 3150 (1.618 fib level)
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.