Bat
MATICBTCThere is a possibility that is a bat pattern in the MATIC-BTC. That is just my opinion and there are 2 targets in the graph that is shown. Do not forget to use stop-loss.
TOP 10 Strong Altcoins 4 LongTerm Bullish Potential @alanmastersGood Day & Life!
My fellow cryptocurrency lover, I would like to share a trade idea today with a completely different format, so this is something that is requested from me on a daily basis, so here you have it by popular requests.
Today I will be sharing a list of TOP Altcoins that are STRONG for LONG TERM holding and at the same time have good BULLISH potential.
So the key words here are TOP, STRONG, LONG TERM and BULLISH... This is what we will be looking at from major to minor altcoins.
I am hoping that you enjoy this post... Feel free to hit like if you want to now, to show your continued support.
Before we get started I need your help!
I am going to be writing a series of TOP 10 articles mentioning different categories of altcoins to consider for the top 10 list but we have many, many options, there are thousands of different altcoins... Here is where/how I need your help.
I need you to leave a comment choosing which of the following category you best prefer to read about next, as well as share your own variation for me to consider for the next post:
(1) TOP 10 Altcoins for Short Term Profits
(2) TOP 10 Altcoins with Highest Profits Potential
(3) TOP 10 Altcoins with Best Products
(4) TOP 10 Most Popular Altcoins (your choice)
(5) TOP 10 Altcoins with The Biggest Gains
So pick one, or multiple choices, and add your own to the bottom of the list. You can leave a comment and I will share next the list that gets more requests...
Remember to mention your favorite altcoins or the one you want me to look at in case #4 wins.
Now... Let's get started!
Thanks a lot for the support.
TOP 10 Strong Altcoins for Long Term Bullish Potential
Binance Coin (BNB)
I believe Binance Coin (BNB) to be one of the strongest altcoins which you can buy and hold for long term growth, stability and profits potential.
Binance is the biggest cryptocurrency exchange by volume and lists some of the best altcoins in the market for us to trade.
Binance implemented credit card purchase to buy cryptocurrency and its own altcoin, BNB, can be used to pay trading fees.
Here is the quick conclusion, the more the cryptocurrency space grows the bigger and better that Binance Coin becomes. And since the market is really young, this altcoin has the potential to keep on growing more and more.
Trade ideas:
BNBUSDT
BNBBTC
Ethereum (ETH)
We continue with Ethereum (ETH), which is a " decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference."
Ethereum is the second biggest cryptocurrency by market capitalization, second only to Bitcoin.
Ethereum has its own "reality" in the crypto space and most exchanges offer trading against ETH.
This is a very strong project with huge long term bullish potential.
When you look at the long term chart, ETHUSD is basically at its bottom:
Let's continue.
Litecoin (LTC)
Litecoin is the first Bitcoin copycat and has established a reputation as being a very stable altcoin project.
Chart:
Even though my charts are showing profits potential compared to all-time highs, altcoins can create new highs just as they can create new lows.
A new all-high can push the price of any altcoin project dozens of times higher than the last high. All that is needed is a bull run.
Cardano (ADA)
Cardano is one of the best and most trusted projects out there and it is already being used in different types of commercial establishments in Asia (Korea).
The last bull run back in late 2017/early 2018 pushed ADABTC to generate over 3,000% profits. With these altcoins projects being the ' companies of the future ', the potential here is hundreds of times of what we are seeing now.
Here is the chart:
Cardano is a great altcoin which is strong and can be held long term.
Siacoin (SC)
Now, we looked at big market cap and famous altcoins, here we will be looking at two smaller but older ones.
Siacoin (SC) is a project that has a real working product (file/cloud storage) and has been around for long. It is said that Satoshi Nakamoto, one of Bitcoin creators, lend his support to this project.
And old gem, Siacoin is massively stable and has lots of potential for future growth.
Right now sitting at very low prices, this is an altcoin that can grow 5-10X easily within this year, and up to 50X by the next cryptocurrency market bull run... Wait, wait... I know, this is huge, but this is how the amazing/crazy cryptocurrency market works.
DigiByte (DGB)
DigiByte is another old gem and I am sharing it here simply because of its long term potential and stability as an altcoin project.
DGB held its value better than most of the altcoins available throughout the bear market.
Chart:
BitTorrent (BTT)
From old to new, BitTorrent needs no introduction. BitTorrent is a file sharing system that now has its own altcoin which can be used to monetize content and traffic while sharing online.
This project is linked to TRON (TRX) and has huge massive growth and long term potential.
Here you can find our BitTorrent trade, this is for the medium term, long term potential is much, much higher:
Basic Attention Token (BAT)
This is a favorite for my friend and developer and for good reason. BAT has its own browser which can be used to monetize traffic on any website... The method of payment? BAT of course.
This project comes from the creators of Mozilla and is a must-have for any cryptocurrency lover.
Ripio Credit Network (RCN)
One simple feature got RCN into this list, which is the Ripio Credit Network New dApp.
Basically, Ripio Credit Network has a dApp now where you can loan them money and they give you a % back in 30 days with Ripio backing all the loans. This gives out a varied return, monthly/yearly, for RCN that you would be holding anyways if you are into crypto. At the same time this feature can promote long term slow steady growth for this altcoin.
This feature is active now and can be found here: rcn.loans
RCN has huge growth potential that can go beyond ATH long term:
Bitcoin (BTC)
Needless to say, BITCOIN IS THE NAME OF THE GAME.
BITCOIN IS THE BEST!
You can always buy and hold Bitcoin long term as this is the best cryptocurrency of all.
Namaste.
Conclusion
Here we have a mixed list of altcoins, I tried to put in new projects, old projects, known projects, not so known, with good profits, etc. Variety, so there is a little bit for each and every one of us.
Which TOP 10 Altcoins you want me to write about next?
Remember to hit like and leave a comment with the altcoins that you believe are best.
This is Alan Masters.
Thanks a lot for reading.
Namaste.
BAT / BTC / long trend / break guideline BAT has broken the medium-term upward trend at this time
and therefore by market structure
we can wait at 0.78% in fibonacci
since it is support by structure and price action
to be in soprtes
it would be very interesting to invest to be able to have an acceptable profitability
greetings friends
Harmonic Patterns - BAT- (AB) has to cross the 0.5 of the (XA), but cannot touch to 0.618 of (XA)
- (BC) has to cross the 0.618 of the (AB), but cannot close above of A
- (CD) is expected to be flagged at 0.886 of (XA)
- The first target is the 0.382 of the A to D
- The second target is the 0.618 of the A to D
- Stop is usually put to 20 pips below of X
Bat Action Magnet MoveIn my previous idea i had posted about the bullish bat , which in due process got its PRZ violated and got morphed into a bat...
Herest is the current bullish crab in formation...https://www.tradingview.com/chart/BTCUSD/3Xk8coRL-Few-more-candles-to-Cavalry-Charge/
Here is the failed idea...
Disclaimer... For educational purpose onlyNot an investing/Trading recommendation
EURGBP-M1-How to find a perfect BAT (educational)When looking for harmonic patterns, its better when we find and trade perfect ones (Its our money and should take care of it)
They are rare but offer the HIGHEST probability trades, its almost ATM CASH!
For example, this perfect bat ocurred on EURGBP-M1 chart (i remember i traded this one live)
There are six requirements for a perfect bat. You can see on chart.
I see most traders look only for 2 or 3 of them. Trading this way they have a low probability trade.
Whe should look for perfection!
BAT FORMATION ENTRY OPTIONSHere is a perfect example of how neutral sentiment can be in the markets on the DAILY TIMEFRAME.
SCENARIO 1
Lets suppose we are anticipating a BAT formation, which hasn't fully revealed itself, but we want to anticpate trade opportunites. The CD LEG of the BAT presents a great shorting opportunity because of previous structure shows a level of resistance. If triggered it gives us a favorable Risk Reward Setup of 5:1
SCENARIO 2
We can place a BUY order at the 618 FIB Level to anticipate a move to the upside. This presents a 1.5 to 1 Risk Reward Setup. Not a great Risk Reward profile, but a conservative trade nonetheless.
SCENARIO 3
We can follow through for the completion of the BAT pattern and enter at the completion point. It presents a clear cut exit if the trade doesn't play out. Remember we only place our STOPS where we know the trade won't play out. Great Risk Reward of 5:1!!!
All the best,
Lewipapers
Inception of Shark pattern 5-0 pattern & bat patternAfter Shark pattern's target , there is a 5-0 pattern.
After 5-0 pattern's target, there could be a emerging bat pattern.
The fibonacci numbers is not exact true.
This image just showing the trade opportunities after shark pattern.
In essence the Shark is an emerging 5-0 pattern that you trade from C to target D. (target D is not shown in the diagram above - it's at the confluence of AB=CD and 50% Fibonacci on the BC leg).
Following that trade, you then have an interesting sequence of possibilities for further trades.
Apart from being a tradeable pattern in its own right, the Shark can also lead onto 3 other subsequent patterns, which you have the possibility to trade one after the other.
Firstly, The Shark leads onto the 5-0 pattern. Here is the 5-0 pattern. You can see how the Shark relates to it. (Note that not all 5-0 patterns are preceded by a Shark though).
The first target of the Shark is the D of a 5-0 pattern. And now with the 5-0 you have the possibility to enter a trade from the D in the opposite direction of your previous Shark trade.
Next, notice that the BCD of a 5-0 pattern often turns out to be the XAB of an emerging Bat or a Crab pattern (with B at 50% XA, it could turn out to be either a Bat or Crab).
So now we watch for the emerging Bat or Crab and if a C point is made - if so, then we have the possibility to enter a BAMM trade (trade from price at the B level to target the D of the emerging pattern). But we only enter the BAMM trade if it is in the direction of the prevailing overall trend. Do not trade a BAMM in the counter-trend direction.
Finally - whether or not the BAMM trade was taken, we now have the possibility to enter a new trade with the Bat or Crab pattern - if it has formed.
That's 4 possible trades all starting with the Shark. As i said - it's one of my favourite patterns.
Good Trading!