$BAT Holders! Save 20% If You Sell Now and Buyback Later!Despite of potential Coinbase's listing news, the chart seems not friendly right now. BAT having 1.5 billion total supply and 1 billion circulating based on coinmarketcap and has been a year+ since it's listing right there. BAT token seems like having less volatility compared to others but still we need to consider this move and unprofitable one, or... a wise one?
So basically the chart that i draw an Elliot Wave on it, plus a certain RSI level heading south along with the price action. So based on this if you sell now and buy back at the red box (if achieved), you'll have 20% more on your holdings.
Not only that, if, something happened towards BTC price which is one that related to my opinion here is go downward, it will affect BAT price either. That probably will breaching our next supports.
Trade safe!
BATBTC
Loading BAT for the 5th Elliot waveThis is a price hypothesis for BAT/BTC based on Elliot Waves, Fibonacci Ret (0.5 on Ret 90 at 1 day chart) and exponential moving averages.
The EMA 20 would act as a trigger for the 5th wave crossing the 0.5 Fibonacci (the middle line on the purple rectangle).
So, now we should load BAT on it’s way towards the EMA 20 and sell on top of the working area (purple rectangle)
Good trades to you all!
A couple entry prices for BATBTCFib retracements levels of confluence showing support and resistance levels.
I'd be wary of entry until we see a MACD crossover.
This is looking a big like a head and shoulders play.
Entry between 0.00003634 and 0.00003387.
Looking to take profits at 1.618 and 2.618 on a bull run.
Stops around 0.0000313
Establish a trading plan and execute.
BAT – BasicAttentionToken – 100% profit possible - short-termHi Traders!
We’ve observed BAT since a couple of weeks and finally, we have a solid confirmation of its uptrend.
So here are the details of the technical analysis:
• Price has bounced from the previous support at 2115 st and still in the micro uptrend
• Chaikin Money Flow – very strong pressure on the price
• MACD – positive convergence
• Fibonacci scale – very low at Trend Based Fib-Extension
• Weis Waves – supply has evaporated – nobody to sell = price is going up
• Ichimoku Cloud – just crossed TenkanSen on the daily chart
• 1st target to achieve – 3364 st (Fib scale)
• 2nd target to achieve – 4137 st (Fib scale)
• 3rd target to achieve – 4767 st (Fib scale)
• 5th target to achieve is 5400 st (last peak which aligns with Fib scale)
• 6th target to achieve is 6293 st (penultimate peak which aligns with Fib scale)
So Guys. This trade can take up to 6 weeks with many swings on its way. Be patient. Don’t panic.
Future is bright. Don’t forget about that!
HUGE Hugs!
WBM Team
There is a possibility for the beginning of an uptrend in BATBTCTechnical analysis:
. BasicAttentionToken/Bitcoin 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 a possibility of temporary retracement to suggested support zone (0.00002480 to 0.00002080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002480)
Ending of entry zone (0.00002080)
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= @ 0.00002900
TP2= @ 0.00003100
TP3= @ 0.00003410
TP4= @ 0.00003830
TP5= @ 0.00004240
TP6= @ 0.00004820
TP7= @ 0.00005570
TP8= @ 0.0000678
TP9= Free
There is a possibility for the beginning of an uptrend in BATBTCTechnical analysis:
. BasicAttentionToken/Bitcoin 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 a possibility of temporary retracement to suggested support zone (0.00002480 to 0.00002080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002480)
Ending of entry zone (0.00002080)
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= @ 0.00002900
TP2= @ 0.00003100
TP3= @ 0.00003410
TP4= @ 0.00003830
TP5= @ 0.00004240
TP6= @ 0.00004820
TP7= @ 0.00005570
TP8= @ 0.0000678
TP9= Free
[BAT/BTC] TRYING TO CATCH THE KNIFE [ 25-125% PROFIT ]#BAT / BTC ( Most Exchanges )
Buy Range : 2500-2570
Stop Loss : below 0.00002000
Target 1 : 2977
Target 2 : 3858
Target 3 : 5544
WEEKLY CHART
- Interesant 8-9 on TD sequential ( Positive )
- Reversal hammer candle and positive green continuation ( Positive )
- Stoch RSI on the lows like Oct-Nov on last year. A good point to climb up ( Positive )
- CCI remains negative but is turning up ( Neutral )
- CMF touched negative territory but its turning ( Neutral )
- RSI pointing up but need make a higher high to confirm uptrend ( Neutral )
DAILY CHART
- Supported by EMA20 ( Positive )
- RSI touched oversold zone at 30. Now its pointing up ( Positive )
- CCI on green territory ( Positive )
CONCLUSION
Altcoin market has started to show some interesting movements on the last days.
Price remains very low on most altcoins which makes risk/reward very interesant if you are looking to catch the knife.
BAT/BTC has touched the lows on March making an interesant Double Bottom. If prices and market consolidates it could be back to the highs so soon
If we look into low timeframes, this coin looks very good for short-term trading. If it extend this mommentum it could be reaching our targets very fast
However, market need to confirm bullrun to make sure this is not another dead cat bounce. It will happen when bitcoin consolidates over 7500$.
If you are looking to long-term hold, this coin its a trustable project and target 3 will be touched without a problem.
Good luck
BAT / BTC analyticsBasic Attention Token is a token created on the ERC-20 for payments on advertising platform integrated into the Brave browser. The algorithm allows to track the delivery channels of advertising and improving its effectiveness.
The asset reacted very poorly to Bitcoin movements, until volumes increased in mid-July. Now the token follows the market, but when it falls, interest in the asset is not losing.
In the middle of September a steady uptrend was formed with a rather big angle. The asset is stay in portfolios. During the day, the volatility is 10-15% with large volumes, at low - 3-6%., be sure to pay attention to this indicator when opening intraday positions.
The minimum was formed at the level of 0.00002056, but the price did not stay there and abruptly bounce up.
Buy points are in the range of 0.00002550-0.00002610. A part of the asset deposit can be allocated for the long order at the level of 0.00002440-0.00002470, because breakdown is possible.
The asset has weak resistance zones and high volatility, therefore the sell point is not defined. Attention zone - 0.000031 – should observe the price behavior at this point. A relatively strong resistance line is 0.00003470, which can be a sell point.
The asset is well suited for both intraday and long-term trading.
BAT USDT (analyzed with Richimoku & Kumo Waves)Richimoku & Kumo Waves on Basic Attention Token / BAT
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BAT Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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BATBTCBAT has been forming a bullish rising triangle for several days now. It has been battling with the 23.6 fib and judging by the charts it looks like it will win soon. I suspect we are in the final accumulation zone before we take off and attempt a try at the 38 fib line. Keep a trailing SL due to BTC's tight trading zone.
Buy Zone: 2600-2700
SL: 2550
First Target: 2900
Second Target: 3000
Third Target: 3400
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!