BAT Patience tradeBAT was a trade we mapped 1 month ago. The chart shows that with some patience in some trades you can let the wave 3 and 5 play out.
Patience is the key to every trade in Crypto
Batusd
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/Dollar 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 still a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
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:
Trade Setup:
We opened 9 BUY trade(s) @ 0.19198278 based on ' Hammer ' entry method at 08.14.2018.
Take Profits:
TP1= @ 0.242
TP2= @ 0.278
TP3= @ 0.308
TP4= @ 0.362
TP5= @ 0.407
TP6= @ 0.492
TP7= @ 0.703
TP8= @ 1.043
TP9= Free
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/Dollar 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.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
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:
Trade Setup:
We opened 9 BUY trade(s) @ 0.19198278 based on ' Hammer ' entry method at 08.14.2018.
Take Profits:
TP1= @ 0.242
TP2= @ 0.278
TP3= @ 0.308
TP4= @ 0.362
TP5= @ 0.407
TP6= @ 0.492
TP7= @ 0.703
TP8= @ 1.043
TP9= Free
$BAT Basic Attention Token market analysisBasic Attention Token is one of my favorite alts of late. It has held up nicely while $BTC and other Alts have tanked. I've uploaded a short video on my reasoning for taking up a long position here, check it out: youtu.be I will admit, this is a risky trade so please don't copy my call here. This could go in either direction at any time. There's no real trend and I'm simply playing support and resistance levels in a ranging market here. Some argument for a long position, market overbought (could go lower though), testing major resistance level, bottom alert indicator showing a lower bar indicating that there's some green volume picking up. Price has already spiked a little and I can exit at any time from this point on at either zero loss, or profit if it continues north, so there is absolutely no risk for me from this point on. Not financial advice, be careful as the market is very bearish overall. The tops and bottoms alerts indicators I use make me money in any market. Check them out here: www.turbotraderpro.com
BATBTC: Low Risk, High Reward TradeBATBTC has followed a steady upward channel for the last several months. Now it is near its long term support at the bottom of this channel. We target a fib. retracement of previous highs.
A tight stoploss is essential for this trade in the current volatile market.
Buy: 0.00003440 - 0.00003460
Target 1: 0.00003729
Target 2: 0.00004098
Target 3: 0.00004688
Target 4: 0.00005672
Stoploss: Candle Close below 0.00003340
BAT Possibly start of the uptrendTimeframe: 240M
Main Scenario: After having an explosive run movement last Monday, BAT resigned all the winnings and is now moving just below the central Pivot Point in this 4-H chart at 0.00003945. This coin has been moving strongly during the last 6 months and has good support.
The volumes are very low right now and the pair is moving in range since yesterday; the indicators are oversold and pointing up, we could possibly see the start of the uptrend. We can wait for a confirmation for and long entry if the price manages to cross the Central Pivot at 0.00004032
Alternative Scenario: The price could bounce in the Pivot and could fail to look for lower lows this week.
Entry/Stop Loss/ Take Profit: We would go long on this pair if the price crosses the Pivot at 0.00004035 with 2 targets
T1 = 0.00004203 (4.1 %)
T2 = 0.00004443 (10.1 %)
The Stop Loss can be placed at $ 0.00003832 (-4.3%)
Duration: 2-3 Days
Consolidation/Ratification level: If the price crosses the first target, you can drag the stop loss to the entry point.
Warning Level: A further drop below the Pivot S1 will invalidate this setup.
Risk Management: Risk/Reward Ratio: 2.05. If this becomes a valid setup we could have a profit between 4% and 10%.
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.
BATBTC very interestingHello guys,
I think BATBTC is completing an interesting configuration: in fact if price is able to break steadily 0.000055/0.000056 (R1) area it can rise to 0.0000585 (R2) as first step and then to 0.000066 (R3).
I think is very interesting considering prices have been congesting for several months.
Volume is particularly high and this could favor the bullish vision.
Indicators, especially on daily basis, are supporting a possible rise.
Stop loss should be set under 0.000051
To sum up:
Buy if price breaks 0.000056 R1----> 0.0000585 R2----> 0.000066 R3
***This analysis is not a buy or sell advice, it is drawn up for educational purpose ony***
There is a trading opportunity to buy in BATUSDTechnical analysis:
. Basic Attention Token/Dollar 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 42.
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 (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
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= @ 0.33
TP2= @ 0.39
TP3= @ 0.49
TP4= @ 0.69
TP5= @ 1.04
TP6= Free
There is a trading opportunity to buy in BATUSDTechnical analysis:
. Basic Attention Token/Dollar 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 42.
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 (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
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= @ 0.33
TP2= @ 0.39
TP3= @ 0.49
TP4= @ 0.69
TP5= @ 1.04
TP6= Free
BATETHMACD comfortable on the positive side
RSI double confirmation bullish
Wave 3 fibonacci retrace on .5 & .6
vol. looking good
T1 (30%)
That Man Bat Man in the Bat CaveHoly Houdinis - that man Bat Man has disappeared...into the range inside the blue bands, the whole range, which includes the depths of the Bat cave beneath - The candles are already subterranean of the 1x1 fib ray in red, and consequently beneath ascending support - in other words Robin and Bat Girl just aren't coming to help this time - However they do currently have the horizontal support of the Gann Bottom of Square - Observe the previous large impulse to get an idea of what is likely to happen with this one - A reversal would require getting in the Bat plane and smashing thru the 1x1 - I like Bat, but I'm not buying it here
Moon shot getting ready for BAT!After the bears left BAT in pieces, bulls are getting ready on the demand zone to shoot for the moon.
A crypto with strong fundamentals, real use case and a giant userbase. BAT is heading to the demand zone where it always rebounds back. RSI shows great room to grow along with the Stoch. A descending triangle looks ripe for a breakout. Good buy zone is from 10 to 20 cents.
BAT - Breakout and possible inverse head and shouldersTaking a look at the daily chart, BAT appears to have broken out from its downtrend (although yesterday it has had a false breakout that retreated back below the trend). It also has a inverse head and shoulders pattern forming. The MACD shows a (near) bullish crossover on the MACD. I've indicated my two targets at the neckline and if we complete the inverse HS pattern.