BAT USDT (analyzed with Richimoku & Kumo Waves)Richimoku & Kumo Waves on Basic Attention Token / BAT
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Basicattentiontoken
There is a possibility for the beginning of an uptrend in BATBNBTechnical analysis:
. Basic Attention Token/Binance Coin is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01470 to 0.01270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01470)
Ending of entry zone (0.01270)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.020
TP2= @ 0.024
TP3= @ 0.029
TP4= @ 0.033
TP5= @ 0.037
TP6= @ 0.052
TP7= @ 0.064
TP8= @ 0.076
TP9= @ 0.093
TP10= @ 0.115
TP11= Free
There is a possibility for the beginning of an uptrend in BATBNBTechnical analysis:
. Basic Attention Token/Binance Coin is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01470 to 0.01270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01470)
Ending of entry zone (0.01270)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.020
TP2= @ 0.024
TP3= @ 0.029
TP4= @ 0.033
TP5= @ 0.037
TP6= @ 0.052
TP7= @ 0.064
TP8= @ 0.076
TP9= @ 0.093
TP10= @ 0.115
TP11= Free
BAT could revisit the Buy ZoneMy thoughts:
T T M squeezing again and printing another symmetrical triangle
It dumped the first time, what will it do now? Personally, I'm gonna wait it out and see what it does, there's strong support in the Buy Zone so I may set some orders there.
If it pumps, then I'm targeting the 0.236 as minor resistance and the 0.382 level as major resistance.
Any feedback is appreciated!
[BATBTC] Basic Attention Token Goes for ATH? [280%+ PP]Basic Attention Token (BATBTC) has shown to be very resilient. This altcoin maintained its price better than most and its low after Dec/Jan's bull run, was hit on March. It didn't create a lower low on August nor September as most other altcoins did. BATBTC remained strong throughout the trip.
BATBTC didn't challenge its all time high on the last bull run. So if another bull run comes, we will be aiming at least for all time high or break above it. Here is the weekly chart:
Here we have the Doji candlestick at the end of the trendline. This Doji candlestick (with a #8 on top - at the far right on the chart above) signals an upcoming trend reversal.
Volume is still lacking, yet the volume that followed the candlestick next to the Doji is higher than average for several months.
On the daily time frame, the RSI is on an uptrend and moving to the bullish zone. The STOCH is bullish as well and we are now trading above EMA10.
We can open a long term trade for BATBTC with very low risk and really huge profits potential... let's take a look.
One last note: BAT is on the list of coins that can potentially be added to Coinbase, together with XLM, ZRX and ZEC. This adds to the potential as Coinbase is one of the biggest Bitcoin sellers in the world.
We also talked about simple wave cycles; wave up, wave down, wave up, wave down... We had our wave down, it is time for a wave up, take a look here:
Trade instructions by Alan Masters Trades
Buy in: 0.00002350 - 0.00002650
(1) 0.00002890
(2) 0.00003229
(3) 0.00003530
(4) 0.00003930
Stop loss: Close weekly candle below 0.00002080.
Capital allocation: <10%.
LIVING FOR THE WORLD
When you trust, trust, trust, trust and continue to trust.
Follow the light with eyes closed.
Traveling from state to state.
Let's take another new job.
Let's leave a big tip and run away.
Living for the world...
To me... Just another normal day.
Namaste.
BATBTC Fib retracementThe price broke through Fib 0.786 Resistance level and managed to consolidate. Up from this moment there are 2 possible scenarios:
1. The price can go straight up to the 1st target which is drawn at the chart
2. The price will breakdown the support of Fib level and will head to the next major support level which is located at the parallel projection of the upper edge of price fluctuations.
Stop loss is drawn at the chart if it is triggered then we should wait till it reaches the mentioned support and rebuy again, the target will be the same
BATBTC XABCD and bullish divergenceWe tracked BAT for a long time and the current moment seems to be the best to enter this position. Hidden bullish divergence is revealed due to higher lows at oscillator chart and lower lows at the price chart.
Indicators are bullish: Stoch RSI is in the oversold state, DMI shows possibility of sharp rise. Fundamentals are also great. The price is going to enter Ichimoku clouds and the pattern will be finished. Then it should reconsolidate via ladder pattern thus provide us opportunity to swing trade and rebuy lower and then it will hit the rest targets.
Free target is on the chart. Stay tuned!
$BAT, Lower Low Retest…
Weekly
Looking at our trend teimfraem we see price is looking to form a higher lower on the weekly candle, stochastic rsi showing momentum is getting close to bottoming out. A weekly close above 3500 and we should see a push towards 4500, however if rejected this level we should be seeing a sell off off towards 2500.
Daily
Shifting over to our pattern timeframe we see price respecting our bearish parallel channel, stochastic rsi showing momentum in favor if bulls with no signs fi slowing down
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.19198278 based on ' Hammer ' entry method at 08.14.2018.
Take Profits:
TP1= @ 0.242
TP2= @ 0.278
TP3= @ 0.308
TP4= @ 0.362
TP5= @ 0.407
TP6= @ 0.492
TP7= @ 0.703
TP8= @ 1.043
TP9= Free
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.19198278 based on ' Hammer ' entry method at 08.14.2018.
Take Profits:
TP1= @ 0.242
TP2= @ 0.278
TP3= @ 0.308
TP4= @ 0.362
TP5= @ 0.407
TP6= @ 0.492
TP7= @ 0.703
TP8= @ 1.043
TP9= Free
Coinbase Wallet features 0x and BAT. Wow... is this a hint? Please look at the pic on the Coinbase wallet website.
Do you see what I see... 0x and BAT
I know that they talked about "exploring the addition of several new assets": Cardano/ADA, Basic attention token/BAT, Stellar/XLM, Zcash/ZEC and 0x/ZRX.
But their new wallet website shows in the main picture the logos for 0x and BAT.
A wallet that gives you access to decentralized exchanges... like... maybe Coinbase Pro... :-D
So is this confirmation that BAT and ZRX will be added...? I don't know.
Maybe... maybe not.. but when you are looking at 5 possible coins and wondering which will be added next, if not all of them, I think that this is pretty telling.
wallet.coinbase.com
twitter.com
Buy the way, please consider giving this a "like" if you believe it was helpful.
Thank you!
p.s.
The 0x protocol has been of great interest to people exploring decentralized exchanges and atomic swaps.
As such, it must keep evolving. A new version of the protocol will be introduced soon. keep an eye on 0x.
nulltx.com
A new trading opportunity to buy in BATBTCTechnical analysis:
. BasicAttentionToken/Bitcoin is in a Down Trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
New Trading suggestion:
. There is a possibility of temporary retracement to the new suggested support zone (0.000030 to 0.000024). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000030)
Ending of entry zone (0.000024)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
New Take Profits:
TP1= @ 0.0000350
TP2= @ 0.0000390
TP3= @ 0.0000444
TP4= @ 0.0000500
TP5= @ 0.0000540
TP6= @ 0.0000578
TP7= @ 0.0000678
TP8= Free
Previous Trade Setup:
We opened 6 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .
Total Profit: 7502 pip
Closed trade(s): 6208 pip Profit
Open trade(s): 1294 pip Profit
Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
TP3 @ 0.000045 touched at 04.18.2018 with 2027 Profit.
TP4 @ 0.000054 touched at 04.30.2018 with 2927 Profit.
727 + 1427 + 2027 + 2927 = 6208
Open Profit:
Profit for one trade is 0.00003120(current price) - 0.00002473(open price) = 647 pip
2 trade(s) still open, therefore total profit for open trade(s) is 647 x 2 = 1294 pip
Previous Take Profits:
TP5= @ 0.000068
TP6= Free
A new trading opportunity to buy in BATBTCTechnical analysis:
. BasicAttentionToken/Bitcoin is in a Down Trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
New Trading suggestion:
. There is a possibility of temporary retracement to the new suggested support zone (0.000030 to 0.000024). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000030)
Ending of entry zone (0.000024)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
New Take Profits:
TP1= @ 0.0000350
TP2= @ 0.0000390
TP3= @ 0.0000444
TP4= @ 0.0000500
TP5= @ 0.0000540
TP6= @ 0.0000578
TP7= @ 0.0000678
TP8= Free
Previous Trade Setup:
We opened 6 BUY trade(s) @ 0.00002473 (day close price) based on 2-day reversal candle (2-day Hammer ) at 03.19.2018 .
Total Profit: 7502 pip
Closed trade(s): 6208 pip Profit
Open trade(s): 1294 pip Profit
Closed Profit:
TP1 @ 0.000032 touched at 03.27.2018 with 727 Profit.
TP2 @ 0.000039 touched at 04.18.2018 with 1427 Profit.
TP3 @ 0.000045 touched at 04.18.2018 with 2027 Profit.
TP4 @ 0.000054 touched at 04.30.2018 with 2927 Profit.
727 + 1427 + 2027 + 2927 = 6208
Open Profit:
Profit for one trade is 0.00003120(current price) - 0.00002473(open price) = 647 pip
2 trade(s) still open, therefore total profit for open trade(s) is 647 x 2 = 1294 pip
Previous Take Profits:
TP5= @ 0.000068
TP6= Free
BAT vs Bitcoin Range TradingFollowing the previous idea on Basic Attention Token , price has reached the upside target at 61.8% Fibonacci retracement level and rejected it. Currently BAT is correcting downwards and it seems that it has stuck between the support area near 3600 satoshis and resistance at 4700 satoshis.
Nevertheless, BAT/BTC started to produce hihger highs and higher lows and the probability of the uptrend continuation remains high. Although price enter the consolidation phase while continue ranging between the support and resistance.
Break and close above the 4717 satoshis, should confirm the uptrend and potentially result in a strong growth of BAT against the Bitcoin. But if it breaks below the 3500 satoshis support, further decline towards 3000 satoshis should be expected.