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BATETH

BAT/BTC: Something's Gotta GiveAs shown (predicted?) in one of my previous charts, BAT price against USDC appears to be stabilizing. However, the last few days and weeks BAT has been getting crushed against BTC and traders are no doubt feeling the pain emotionally and financially. "Should I dump BAT for BTC or ETH?" has crossed my own mind, so no doubt it's crossed yours. Should I FOMO from a consolidating asset into an overextended, overheated blue chip? Well, I guess when I put it that way it seems obvious, and looking at the ratio it appears BAT may be heading into oversold versus BTC. Take a look at the highlighted areas in Price, RSI, and MACD. This is not the best time to would flip BAT for BTC, in fact if anything I think these indicators are flashing a red hot stinking Sell BTC for BAT. With BTC appearing overheated we should see a rotation into alts like BAT, but the big question is whether the USD/USDC price will follow?
by cryptocrude
There is a possibility for the beginning of an uptrend in BATETHTechnical analysis: . BasicAttentionToken/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . While the RSI downtrend 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 (0.00096300 to 0.00085900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00096300) Ending of entry zone (0.00085900) 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= @ 0.00106300 TP2= @ 0.00117500 TP3= @ 0.00137000 TP4= @ 0.00156500 TP5= @ 0.00180400 TP6= Free
Long
by ForecastCity
BAT is inside of a huge symmetrical triangle.BAT is amazing project with quite strong founder and the team. According to TA it's finds itself inside of symmetrical triangle and if it's going to break out we might see a move to red zone on the chart. It's only one of potential TPs, hypothetically price can go even higher. However if price going to break down the triangle we might see some bearishness. In this case good opportunity would be to catch in the green box price range or even below that. It's not a financial advice. Trade carefully and good luck!
by elefante
There is a trading opportunity to buy in BATETHTechnical analysis: . BasicAttentionToken/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00096300 to 0.00085900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00096300) Ending of entry zone (0.00085900) 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= @ 0.00106300 TP2= @ 0.00117500 TP3= @ 0.00137000 TP4= @ 0.00156500 TP5= @ 0.00180400 TP6= Free
Long
by ForecastCity
BAT (and other altcoins) and ETH doing a danceGrab your partner round and round. One goes up and the other goes down. Good day ladies and gents. Looking at recent price movements for BAT, it's an important reminder of the weight that BTC and ETH hold on the market. Take a look at ETH starting on Dec 18. After 11 days of sideways movements, it finally broke through a line of resistance and went on an 8 day bullish run. Undoubtedly, this was due to the excitement of the upcoming Constantinople upgrade for ETH which is due to arrive on Jan 16. Now let's look at BAT. It's been on a bullish run since Sep 29, an incredible run considering most of the market has been stagnant or bearish during this time. Finally, the bullish run started to run out of steam around Dec 2. You'll notice mostly sideways movement until Dec 18 when it reached the tipping point, the same day that ETH took off on a bullrun. All the money started flowing out of the other altcoins and into ETH. This triggered a big selloff for BAT (and many other altcoins) and BAT continued downward movement until Jan 5. A savvy investor would keep an eye on ETH and BTC as much as their own coins, and and with ETH going on a bullrun, and simultaneously BAT slipping, it was time to exit your position on BAT. Now let's jump back to ETH on Jan 5. You'll notice ETH finally lost momentum and it has started to slide into a bearish pattern. Meanwhile, on the same day, BAT (and many other altcoins) have started to go bullilsh. Again, we have opposite price movements between ETH and BAT, as money flows out of ETH and back into other altcoins. Moving forward, I'd keep an eye on ETH until the Constantinople upgrade is complete. It's tough to know what ETH will do beyond that. I think there will be a strong selloff right before the upgrade (other altcoins will go up) and some selloff has already occurred. There is always uncertainty on how smooth these upgrades will go and what kind of performance increase we'll really see on the blockchain. As for BAT, look at the RSI since Jan 4. It's been mostly in the upper half of the RSI range which is good indicator that it's got a solid bullish position. We might be at the beginning of another Elliot Wave pattern 12345, after our retracment ABC. Watch for retracements during periods of bullish behavior for ETH and BTC. Look for the retracements to bounce near previous lines of support and resistance. The monkey wrench in everything is what will ETH do after Jan 16 upgrade.
BLong
by CryptoKujira
There is a trading opportunity to buy in BATETHTechnical analysis: . BasicAttentionToken/Ethereum is in a range bound 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 44. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00093100 to 0.00082500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00093100) Ending of entry zone (0.00082500) 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= @ 0.00106300 TP2= @ 0.00117500 TP3= @ 0.00137000 TP4= @ 0.00156500 TP5= @ 0.00180400 TP6= Free
Long
by ForecastCity
Consolidation phase for BATBATETH on Binance, 30m After breaking upward near the tip of a descending triangle, we've locked into a consolidation phase with movement going sideways. Remember we must have at least two touches to form a line of resistance or support. Support We've got a solid support line (Green) with six touches, so if it finally does break through downward, I expect quite a bit of a fall before a bounce into an uptrend. Resistance Similarly, we've got two lines of resistance keeping us in the rectangular shaped consolidation phase. The first line of resistance is around 110000, and the second line of resistance around 111900 give or take. If it breaks through the first line of resistance, it will be good to watch how it tests against the second line of resistance. It it breaks through the second line of resistance, we could see some decent movement up. Any time price is moving sideways, getting in on the action feels like a gamble. Sitting on the sidelines and waiting to see if the bulls or bears is going to win is probably the best play right now.
B
by CryptoKujira
Descending Triangle forming for BATETH on BinanceBATETH on Binance, 30m After yesterday's retracement to Fibonacci level 0.786 ( Elliot Wave ABC ), we have a bearish pattern emerging with the formation of a descending triangle (red shaded area). The intriguing parts are the well defined lines of support and resistance for this continuation (sideways) movement. We have two nearly identical highs which form our line of resistance (red horizontal), and six lows which form our line of support (green horizontal). Two possibilities. Watch the candles as they approach the upper trend line of the descending triangle. 1. It it breaks through the line of support (A), look for the bearish trend to continuing and down we go. 2. If we test the support line for a seventh time (near point A), and the bears cannot break through, and additionally we have smaller candles (losing momentum) as it approaches, we might bounce back up and through the upper trend line (top line of triangle). If this happens, we'll need to watch our horizontal line of resistance (red) and see how it tests there again, and re-evaluate. I'm not seeing a clearly defined entry point for going long, or shorting. Thus, I will wait until we have a clearer picture, before choosing my entry point.
B
by CryptoKujira
Inverted hammer formation for BATETH on Binance, 30mBATETH on Binance, 30m 1. Support trend line 2. Resistance trend line 3. RSI indicating oversold 4. Inverted hammer candlestick formation signaling possible reversal 5. Confirmation candlestick following inverted hammer to confirm trend change 6. Fibonacci levels to identify potential sell point to take profit Watching the charts this morning for an early Christmas present, I noticed the formation of an inverted hammer (4). The inverted hammer criteria is as follows Must follow a downtrend Upper shadow must be at least two times as big as body Lower shadow really small or non existent Body located at lower end of trading range Added trend lines (1 and 2) for most recent movement to see what the potential lines of support and resistance are. Added RSI overlay (3) and confirmed status as potentially oversold. Waited until the next candle formed (5) after inverted hammer, for additional confirmation of change in trend. Added Fibonacci overlay (6) from top of most recent significant drop within my downward trend lines, to the lowest point where the inverted hammer (3) formed. Entered my position around 101 and exited my position around around 110000, near Fibonacci level 0.786. Will watch closely to see if this is a new upward trend, or merely a retracement within a continued downward trend. Happy holidays!
BLong
by CryptoKujira
Basic Attention Token (BAT) Bullish Div, good time to trade.This time we have a very good looking chart on Bat. Coinbase rumors and the strong price action over the last 6 months has proven that this coin has a lot of support. Also, this is one of the two coins I hold long term. Right now we have a bull divergence on the 4 hour and the 1 hour, and currently we have found support. This is an ideal trade with a 3:1 risk/reward ratio. The tight stop loss is under the long term trendline. When TRX broke this trendline, it went straight down. BAT is hovering on it right now. Buy in: 4220 Sell target: 4600 Stop loss: 4100 Thanks for viewing! Please leave any comments in the box below.
Long
by HD1184K
There is a trading opportunity to buy in BATETHTechnical analysis: . Basic Attention Token/ETHEREUM 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: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.00041 to 0.00037). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00041) Ending of entry zone (0.00037) 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 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= @ 0.000450 TP2= @ 0.000490 TP3= @ 0.000535 TP4= @ 0.000593 TP5= @ 0.000643 TP6= @ 0.000783 TP7= @ Free
Long
by ForecastCity