LONG - BAT - Trading OpportunityWith this sudden drop following BTC's pump, a huge bullish divergence has been formed on BINANCE:BATBTC , along with the MA200 working as a strong support on the 4h chart. Expecting a reversal soon.
Entry: 0.00002470
Target 1: 0.00002719
Target 2: 0.00002859
SL: 0.00002389
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BATBTC
$BAT, Showing UCTS Buy signals on the 1D & 2D charts$BAT
Showing UCTS Buy signals on the 1D & 2D charts. Comparing this signals to prior iterations, it grants some bullishness
Volume on prior iterations wasn't that good either
Crossing above EMA50 on the 2D
For better confirmation wait for a cross/flip at ~2970sats as entry
#BAT
BATBTC and riding the waveWhen you see a situation like this I almost buy every time it touches the lower trend line and then selling it in little increments to the upper bar.
Taking calculated risks can maximize your profit but make sure to stop in time whenever you are becoming uncomfortable!
Have a great day trading!
BAT - broke important resistance After breaking out of the 2650 satoshi range, it's now time to get a broader look at where it could possibly move to.
Let's put a long right now and see if we have the 2650 satoshi level as support if we break lower than stop loss would be located at ~2600 sats.
More over the next resistance levels are marked at with the upper red lines.
BAT bullishBAT is so bullish and so overbought. Made a huge progress in one and a half days. Now at 2640 resistance and the last one at 2700 is the strongest and should stop the growth. Certainly worth jumping in after pullback to ~2520 - 2460 is over. But now very risky. As I wrote, should pullback either from current resistance or from the next one.
Basic Attention Token Is looking Bullish | +40% Or Retrace?Basic Attention Token (BATBTC) is breaking EMA50 as I write this on high volume, signaling that the retrace is done.
On the chart above you can find the Fib. targets and support levels.
The 0.618 Fib. retracement support for the last bullish wave has been activated, a solid spot to complete a retrace and resume an uptrend.
If BATBTC goes lower, the light green area will work as support.
The RSI is looking really bullish while the MACD is starting to curve just now but displaying a bullish crossover.
The signals are clear, especially the high volume... Basic Attention Token is ready to move.
Thanks a lot for reading.
Namaste.
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Previous analysis: Basic Attention Token Gains Strength | 350%+ Another Winner (Sept. 20)
BAT/BTC TA Update (Bullish Bounce Off?)BAT/BTC
BAT bounces off right at the 0.618 golden Fib and currently fight the downward resistance coming from the previous Swing High at 3263 sats area. If BAT can break outside this trend-line,
I can see upside action up to the 3000 area before hitting another strong resistance. Priority is going Long and stop-loss below 2200 sats area.
BATBTC Breaking Out - Easy 5% -4H candle close above descending wedge
-RSI above moving average and working its way out of the bearish control zone
-Volume above moving average
-Stochastics pointing up and working their way out of the bearish control zone
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Entry: 0.00002275 - 0.00002295
TP 1/4: 2325
TP 2/4: 2349
TP 3/4: 2375
TP 4/4: 2242
Stop Loss: 0.00002230
Risk:Reward - 2.02
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This is not financial advice.
Basic Attention Token-BATBTC-
It fell below the 0.00002459 point and is now located near 20MA.
Check if you can climb above 0.00002459.
-BATUSD-
It fell below the long-term uptrend line.
Check if you can climb above the uptrend line.
Must be supported at 0.15494740.
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On the BATBTC chart, movements at 0.00002459 are different between 2018 and 2019.
The reason for this is the aftermath of a lot of gains around April 2019.
Therefore, we believe that there is not enough power to ascend.
I think the price should be maintained between 0.00002459 and 0.00003277.
$BAT broke out of the falling wedgeDaily MACD just crossed over, almost reached significant support level. In the next few weeks $BAT might be heading to 0.2332$.
On the chart BAT/BTC price is inside descending triangle just few days ago tested current support line and bounced out of it. And now might be heading to current resistance level 2880-2940 sats
Even though there a plenty things impaling bullish continuation i encourage you to trade carefully and consider current market situation on alt makret.
Do not forget about stop-losses.
Trade carefully and good luck!