#BAT/UST#BAT
The price is moving in a bearish flag on the 12-hour frame
We also have a good penetration and therefore we seek stability
above moving average 100
We have a major support area at the 0.2100 level
We have a positive divergence on RSI
Entry area 0.2330
The first target is 0.2356
The second target is 0.2547
The fourth target is 0.2704
Batbitcoin
Pitchforks Ready BAT/BTC #basicattentiontoken $BAT #BAT Here we see our BAT BTC weekly chart from Binance . You can see BAT had a massive downside here from last summer. But it's recovering nicely and looks great for upside . You see we have drawn a large pitchfork indicator on this chart and it seems to fit. The top of that first pitchfork line up seems to be near 2600 and that also is where you see that long red line . That's an indicator called a VPVR and there's an obvious area of confluence near 2598 , so this appears to be a target in the near future. You can see our first target area - it's where the black arrow is pointing . The target above that appears to be the .382 fib near 3687 . Above that is our middle pitchfork line near 4600 . Above that is very bullish and targets would be
5859 - that's our .618 fib
6669 - that's our .706 fib
7405 - that's our .786 fib
8700 - that's the top of the pitchfork end of year 2021
thank you for having a look ! And fyi this is technically a Schiff pitchfork , it's one of the free indicators in your left side panel on Trading View.
BATBTC. New ATH. SoonHey everyone, we decided to show our BAT analysis results.
Unfortunately, we cannot disclose details of the process. Since this is our development.
Those who subscribed to us in the discord long time know that our approach works.
We cannot recommend buying BAT now as there is a high risk of loss.
In this case, the risk is about 40%, which is quite a lot.
But what can we do to reduce the risk?
Ideal to buy in the green zone. But the market may not give us this price.
If you are not afraid of a drawdown. You can buy in the orange and yellow zone.
You can also place multiple orders in each zone. To get the best average price and normal risk.
The sales area is marked with red lines. 2210 and 2620.
Yes, we can get 100-130% in profit for the next 3-4 months.
Recall that it is very dangerous to enter the position of altcoins for more than 5% of the capital.
Stick to risk management.
#BAT Looks good for ShorttermBAT looks good at current levels. The coin is bottomed out and showing a good upward moment. BAT is the native token of Brave browser. The brave browser has more than 20 million monthly users and the number keep increasing. The coin is undervalued at the current price. We will see a good rally in BAT soon.
Buy Zone: 600-650
Target: 720-790-850-910-990-1070-1160
✳️Basic Attention Token/BTC (24/10) #BAT $BAT #BATBTCBAT is in a quite desperate situation when its prices have continuously decreased since September. However, we are approaching the support zone at 1600-1650sts, which is the starting point of BAT's super strong pump to 3400sts in September 2019.
So here we can buy with the stop loss below 1550sts, the risk is quite low and if we hit the stop loss we would wait to buy BAT back in the 1350-1400sts zone, there exists a considerable buying force.
Bat/usdt testing strong supportBat/usdt idea
Strong support around 0.1990$-0.2$
If it can hold above this price there is high chance of big pumps towards fibo resisance in chart
Enteries :
2 ideas
1- after break of trend line (purple color)
2- in support around 0.2$
Targets :
0.2450$
0.2790$
0.3225$
**Stop daily close below 1770$
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.
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
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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 (Pullback to Key Support)BAT/BTC
-The top may have been set for Basic Attention Token
-If this pullback will continue further for the remaining of this week
-The important levels to be watching is 2800-2600 sat range
-It needs a lot of pressure to bring the price down to our target zone
-But having a concrete plan on your next trade setup will help you limit the risk
-Be sure to have your alerts ready and look for any Bullish signs of reversal
BATUSDT Short-term Trading PlanBATUSDT seems like forming a simple A-B-C move after the pullback from the high of the March low rally. Point B pulled back to exactly 0.65 level from point A, and now we are having a final rally to point C. With a Fib-extension from the bottom to the top, we have a 0.65 level at 0.26 ish and a 1 to 1 level at 0.287 ish. Bulls who longed BAT at point B will likely to take some profit at 0.65 level since there is a resistance pivot there, but keep an eye on RSI and other indicators to make sure BAT is at overbought levels before shorting at 0.65 level since BAT could go all the way to 1 to 1 level at 0.287 ish. I do expect a drop at those levels since RSI and some indicators are at overbought levels already, and there might be a final push coming soon, either to 0.26 ish or all the way to 0.287 ish in my opinion, and they might be good positions to short. Thank you guys.
Approaching a failure of the head and shoulders pattern BATBTCBasic attention token is bullish again! The basic attention token to bitcoin chart is approaching the height of the right shoulder on the recent head and shoulders pattern. If it breaks this, the new target will be 0.00002832 BTC. (Note my previous charts with the downward target had slightly overestimated the height of the head above the neckline. I use the more accurate measurement here).
Patience is Rewarded -- WEDGE on BATBTC triggering higher highThe MOST important figure is 2093 -- AKA THE STOP LOSS.
If you're NOT new to my publications then you've seen me press on this point OVER and OVER again, and I apologize for sounding like a broken record: but those who are new need to hear it!
It breaks my heart to see so many new excited crypto enthusiasts transition into new adopters only to get CRUSHED by the sheer volatility & loose regulatory "wild west of wall st" candor that is the global crypto markets -- which NEVER close.
I cannot tell you how many times I've seen cats with decades of experience on WallSt boast about how easy they think forex swing trading crypto is/would be *cough* Peter Schiff *cough* but the sad truth is that they always get dominated, just as I got dominated, as all the tech moguls get dominated.
Another point I've pressed upon in the past (repeatedly) is that fintech is a hydra/3headed beast. If you're not familiar with API/SDK/multisig3/open source p2p blockchaintech/whitepapers/roadmaps, if you're not familiar with indicators, double bottoms/C&Hs, bart simpsons & elliot waves; if you're not familiar with SDK protocol/Smart contracts/node: you are INCAPABLE of taming the 3 headed beast!
I've been doing this FULL-TIME (all you QQing about "self-quarantine" I've been self-quarantineed 24/7/365 since the summer 2014, so to me I notice nothing different) with my point being: it took A LOT OF PAINFUL LOSSES & WASTED TIME for me to start reaping significant ROI!
I'm not trying to lecture or boast; I'm trying to save you the pain and trouble I went through by reminding you to humble yourselves (regardless of how much of a boss you think you are at forex trading, or how badass a dev you think you are) that's neither here nor there.
There's a reason blockchain/fintech was rated #1 on top 10 most difficult fields of 2020. Generally financiers don't care for software engineering, and vice versa.
Personally I began as a developer. I love writing algos. I love patterns & solving puzzles. I hated numbers & arithmetic, most of all LOATHED finance. Then I realized that after several dozen quarters and over 5000+ (atleast) hours of doing this -- charts began to reveal patterns and not randomness.
Here's an analogy to clarify: Lebron James loves basketball. That's a given. Now ask yourself if Lebron couldn't dribble, missed every foul shot & was HORRIBLE in every game -- do you think he'd still have the same passion?
Not to drift too far off topic; I'd hate to digress, so let me get to the point: people grow to enjoy what they're good at and vice versa! as I'd never envisioned myself enjoying conducting TA though once I broke through those first few years & got a handle on how things were done; once I started seeing patterns & not just random candles, and most importantly: once I started MAKING more money than LOSING after developing a solid formula for Forex EMA swing trading: I began to enjoy it. Aside from the fact that I am making money, even if I were to paper trade for lulz it is still something I'd find a passion (something I'd never though I'd admit years ago) so with that being said:
TP1-4 are green horizontals respectively. It's difficult to pinpoint an accurate timeframe for when alot of these alts will peak though I'd have to guess it would be after the halving (which is already priced in) though it is what it is.
Thanks to the COVID19 scandal it seems as if my 'strategic consultation' for the GOP has been suspended until further notice, therefore all regulatory policy proposals & think tanks I participate in are suspended until June and so for that reason I've been allowed to resume full-time crypto trading without risk of violating 15 U.S. Code § 78u–1.Civil penalties for insider trading. Nonetheless, I'll still tag a disclaimer so you folks know the drill.
I'll keep this as a mid-long in terms of time-frame: though it's difficult to tell. I'll know for certain by closing bell Friday (16:00EST) & keep you guys updated/posted.
Respectfully,
@a1mtarabichi
DISCLAIMER
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
BATBTC formed Gartley on 2 week chart | Upto 59% move expectedA formation of big bullish harmonic Gartley pattern:
At one side the Basic Attention Token with Bitcoin pair has formed a very big bullish Shark pattern on 2 month chart that I have already shared however for reminder I will again share that 2 month bullish Shark chart again.
Within that big bullish Shark pattern on 2 week chart the BAT has formed a big bullish Gartley pattern that can also help the execution of bullish Shark pattern that is formed on 2 month time period charts.
Let’s dig the pattern deeper to see how perfect it has been formed.
Intial leg was started in Sep 2019 and ended on Oct 2019, after initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.618 to 0.786 Fibonacci and now entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: 0.00002289 to 0.00001973 sats
Sell between: 0.00002539 to 0.00003138 sats
So this trade can has capacity to produce upto 59% big profit.
Stop Loss:
The potential reversal zone area that is up to to 0.00001973 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
BATUSDT formed bullish Butterfly | Upto 24% moveA formation of harmonic bullish Butterfly pattern:
This time on daily chart Basic Attention Token (BAT) with Bitcoin pair has formed bullish Butterfly pattern and entered in potential reversal zone and ready to move up at any time.
Even though after visiting the buying area the pricline of BAT has already hit 2 times in sell zone but MACD is still turning bullish therefore I am expecting that the price action of Basic attention token will again take powerful bullish divergence to enter in sell zone.
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.328 to 0.886 Fib of A to B Fibonacci projection area and last leg (C to D) is retraced between 01.27 to 01.618 Fibonacci and now entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern should be:
Buy between: 0.00002223 to 0.00002086 sats
Sell between: 0.00002329 to 0.00002587 sats
So this trade can has capacity to produce upto 24% good proit.
Stop Loss:
The potential reversal zone area that is up to to 0.00002086 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.