Batusdt
BATUSDT AnalysisThe trend is currently moving below the uptrend line. There are a few possibities.
1. According to Bollinger Bang Strategy, I should not make a decision to sell or buy, as long as the trend is in the blue cloud. At this point, I should wait until I reach a buy or sell signal from the Robo .
2. The trend may go up and break the resistance line, in that case I will watch for an open-close candle above this line and then buy it.
3. The trend may continue to go down and break the support line below, and in that case I will watch for an open-close candle below this line then sell it.
BATUSDT ANALYSISAccording to my analysis, the candles may go up at the resistance level(0.2878) and then, go down again at the support level. However, according to I and an indicator (EngineringRobo), the candles will pass the resistance line(0.2878) very soon, and the new support line will be 0.2787.
Basic Attention Token [BAT/USDT] on July 12 (#BAT #BATUSDT)Even BAT has some selling pressure but I think it is not ready to be dumped in next days
We still can accumulate it in the range of 0.24-0.25$ for big pump to next targets about : 0.32$ - 0.4$ or even the highest point 0.5$
Be careful if it drops below 0.235$ because it will drop sharply to 0.2$ or even 0.15$
Basic Attention Token (BAT) - June 20Hello?
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We need to make sure we can continue to receive support from the uptrend line (4).
If it goes down, you should get support on the uptrend line (2).
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
BATUSDTThe trend is currently moving on the uptrend line through the resistance line.
-Possible opportunities;
1. According to Bolinger Bang Strategy, do not make a decision to sell or buy, as long as the trend is in the blue cloud. At this point, please wait till you reach a buy or sell signal from the Robo.
2. The trend may continue to rise and break the resistance line, watch an open-close candle above this line then buy it.
3. The trend may go down and break the support line below, watch an open-close candle below this line then sell it.
BATUSDT Short-term Trading PlanBATUSDT seems like forming a simple A-B-C move after the pullback from the high of the March low rally. Point B pulled back to exactly 0.65 level from point A, and now we are having a final rally to point C. With a Fib-extension from the bottom to the top, we have a 0.65 level at 0.26 ish and a 1 to 1 level at 0.287 ish. Bulls who longed BAT at point B will likely to take some profit at 0.65 level since there is a resistance pivot there, but keep an eye on RSI and other indicators to make sure BAT is at overbought levels before shorting at 0.65 level since BAT could go all the way to 1 to 1 level at 0.287 ish. I do expect a drop at those levels since RSI and some indicators are at overbought levels already, and there might be a final push coming soon, either to 0.26 ish or all the way to 0.287 ish in my opinion, and they might be good positions to short. Thank you guys.
BATUSDT 5% Quick Money Long Trade 20200621BATUSDT Continue the upward trend trade
Set up -1 with a small SL, may apply high leverage, while Set up -2 with a wide SL for a low leverage.
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Timeframes: 1H -2D
Signals: Light Green -> Green: Trend continues
Context: multiple Blue -> Green: Support -> Trend
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Time to Buy - Crypto Assets are Waking UpAltcoins are booming one by one: IOSTUSDT, QTUMUSDT, BATUSDT(Basic Attention Token)
So Bitcoin should be able to start a new rise trend, as I mentioned in my recent post.
It may be a good time to buy Crypto.
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
BAT/BTC UpdateSo my previous chart on BAT got invalidated due to lack of bearish momentum. So, i made a new analysis on BATBTC.
- As we see here, BAT broke out of the channel and flipped it to support.
- We can expect the price to go up to the 1.272-1.618 fibonacci extension. That would be our first take profit region.
- If the price extends beyond that point we can look to tak our next profit at 2.24 extension. All of which is marked in the chart.
Will update when required. Follow me for regular content on Crypto and Equity based charts.
-Kautilya.K