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Basicattentiontoken

Basic Attention Token Finds Support, Ready To MoveBasic Attention Token (BATBTC) is getting ready to move... It retraced all the way below the 0.786 Fib. retracement level from the last bullish wave. A strong bounce is also in place today with a full green candle. Bullish divergence is also showing up on the MACD and RSI. Multiple scenarios plus support and resistance levels drawn on the chart. Basic Attention Token will resume its uptrend in the coming weeks. Thanks a lot for reading. Namaste.
by AlanSantana
6
BAT Looking for AttentionR1 - Resistance (Down trend; lower highs) R2 - Resistance (5585 sat) S1 - Support (2885 sat) S2 - Support (2100 sat) T1 - Trend channel (upper) T2 - Trend channel (lower) FB - False Breakout / Bull Trap This project has cooled off considerably after reaching 9400, where it peaked after going 200% from Feb 6 to Apr 20. Scenario 1 (green) T1 holds as a line of support and the price rides this slowly up, building momentum, before eventually breaking up again. Look at previous pumps. It usually moves sideways a bit before it pumps, so be patient with choosing your buy point. Scenario 2 (red) Price falls into a previously defined trend channel, bouncing between these lines of support (T2) and resistance (T1), before eventual breakout. Scenario 3 (purple) The price will fall through the trend channel (T1 and T2), and we get a reversal off R1, a previously strong line of resistance. Note R1 going all the way back to Jan 2018 and continuing this strong line of resistance until it broke out for good on Feb 2019. Also note, convergence of R1 and S1. This scenario has the possibility of dragging the price all the way down to S1 or S2, if T2 acts as resistance. If this occurs, look for very small gains, maybe 5-10%, and then take profit and reevaluate. *** Make sure you get good confirmation that the reversal has occurred, before going long. Notice this coin has had several false breakouts in the past, and it also likes to move sideways a bit, before it goes steep. This is a daily chart, so it's a long play for easy money and minimal babysitting for Scenarios 1 and 2.
Long
by CryptoKujira
BAT Pulls an XLM! (And not in a good way)Since my last BAT chart, we hit pretty close to one of my higher targets ( near 10000), but were unable to get above, confirming that the supply zone still exists. I've been talking about this with BAT for quite a while. That supply zone exists because that's where BAT was first dumped when it got on the market. Since the top, BAT has followed a similar trajectory to XLM before the November selloff. This means we're back below one of the previously broken diagonal resistances already (orange). If we cannot get back above soon, we can assume that BAT will head to the lower triangle (light blue), in the 3400 area. If that cannot hold...just as with XLM, BAT can head to new lows. This would mean 1000 or lower is in the cards. People will say "but fundamentals are stronger than even!" Did that do anything for IOTA's price? No it didn't. People are still not seeing much value in holding cryptocurrencies, even if they are being used. Just for comparison, this is what XLM did last fall: I think the chance for the altcoin market to look bullish is diminishing. I would like to be wrong here, but the signs are getting increasingly negative. The market likes to flip on a dime, but these indicators have been lingering for weeks. I guess we'll see how this unfolds. Sometimes the market looks the worst before it gets better. On the bullish side, if BAT can get back above that orange line and HOLD, we may be able to confirm a new range. BAT has a history of wild daily swings, so be careful trading. It could head back up quickly, only to go down twice as fast. And vice versa. This is not financial advice. Just something I'm seeing and this is for personal use and future reference. -Victor Cobra
Short
by VictorCobra
1
$BAT.X $BAT Continues UpTrend - Top 10 Crypto Within the YearBAT, whose CEO invented Java Script and Co-Founded Firefox and Chrome has launched the Ad Industry Disrupting Protocol this week after which the Brave Browser surpassed 1 million downloads within the last month, surpassing Firefox, Binance and Coinbase downloads. I anticipate steady growing potential with the Brave browser protocol and much much more news to come out within the next year. I also anticipate the PPC to reach $4.50 by this time next year.
Long
by StockGuild
BAT: Currently DescendingHello dear crypto friends! Let's have another close look at Basic Attention Token. In BAT/BTC, it is important to understand that we have broken .55 Satoshis as huge weekely resistance already. Currently we're descending on the 4H: We have the lower highs coming in at .8 with big difference to .9, but we have always the same bottom at 0.7 => A break to the downside would lead to the previous Cup&Handle break-out zone at .67 Obviously a bullish break above .8 -which is currently the less probable scenario- would lead to .9, also with beautiful profit. In BAT/USDT the situation shows itself as a descending move inside a bullish channel: We have the 37 cents as bottom. Also in this case a bear break would lead to the 32-33 cent previous S&R zone. A bullish break above 42 cents -again the less probable scenario currently - could lead to the previous highs at 46 and even 50 with the wicks. If you wanna understand the details, please watch the video! ;) I wish you a happy trading. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
by Edgy_
BAT the most bullish looking alt coin out thereAs you can see we broke out of the weekly range and BAt had a nice reaction of the retest of it. That itself was THE perfect entry. You can see now it is testing another weekly level/orderblock i expect another leg up from here so i will be looking for longs around this area( i will post a lower timeframe chart for this shortly after this What is the target? honestly, this might be one that just goes crazy parabolic aka DASH/ethereum 2 years ago So i am not really looking for targets but like long term hold where i will take some profits on logic places and will be looking to add if it gives me the opportunity. I will for sure take maybe 30% profits at the 2.618 fib extension and see what price action is telling us for the rest. Will post the lower timeframe analyses in the comment section
Long
by Civel