Basic Attention Token (BAT) - May 23Good morning?
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Trend lines or points to be supported: Long-term uptrend line (2), 0.19916000 points
MA to climb over to ascend: 1W 50EMA
Support points to expect further gains: 0.22723991
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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
Batusdt
BATUSDT formed big bullish Shark | Upto 144% move expectedHi fox hope you are well, here I have found another big profit potential trading idea and this time on long term 2 week chart after successful formation of bullish BAT battern the Basic attention token (BAT) has formed another bullish Shark pattern and entered in potential reversal zone to move up.
The Pattern:
Let’s dig the pattern deeper to see how perfect it has been formed.
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.886 to 1.13 Fibonacci and now entered in potential reversal zone. Even though the priceline has hit the spike beyong the PRZ level but now retraced back and entered in PRZ area again.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $0.1492 to $0.1136
Sell between: $0.1931 to $0.2778
So this trade can produce upto 144% big profit.
Stop Loss:
The potential reversal zone area which is up to to $0.1136 can be used as stop loss in case of complete candle stick closes below this level.
BAT/USDT (Holding Immediate Support)BAT/USDT
-new resistance top at 0.2561 area
-consolidating above Cross Ultimate Moving averages
-this is still a bullish sign as the price holding support
-cross ultimate indicator signal priority is still Long
-enter a trade on breakout & candle closed above the 0.2168
-stoploss is placed under 0.1978
Basic Attention Token (BAT) - May 17Hello?
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We need to make sure we can get support at the critical point of 0.19916000 and the long-term uptrend line (2).
You should also see if you can rise above 50 EMA on the 1W chart.
I think it is in an important position for further gains.
I hope you will be able to ascend with support.
However, I think that trading should be done according to the flow of market conditions.
Therefore, we believe that careful trading is necessary.
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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 where purchase is possible to generate profits as a support point or section
Basic Attention Token (BAT) - May 12Hello?
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I need to make sure I can get support at the 0.17952350 point.
You should also check if you can get support by rising above the 0.19916000 point, which is an important point in the vicinity of Low.
In order to switch to an upward trend, you need to rise above the 0.19916000 point and be supported.
If you fall below the 0.17952350 point, you are likely to touch the 0.15494740 point or the 0.11939172 point.
If I can get support at 50 EMA or higher, I think there is a possibility that it will rise again.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
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
BAT/USDT (Bounce at Previous Support?)BAT/USDT
-cross ultimate indicator priority is Long @ 7th April
-strong sell area is reached last 9th May
-market drop as BTC dump the price to 8k regions
-if the price can hold the current levels
-we could see a potential upside bounce
-our key stoploss is below the green box support
Basic Attention Token (BAT) - May 9Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
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Bitcoin Halving has about 4 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
There is not much left this week.
You have to watch what will happen over the weekend.
It broke above both the long-term uptrend line (2) and the uptrend line (1).
I think this shows that there is considerable power inherent.
I think it is possible to check whether it is supported by the upward trend line (1) whether it is a temporary rise or not due to circulation pumping.
You should also make sure you can get support above 0.22723991.
The long-term downtrend line (3) is passing within the 0.24450884 to 0.28206292 range.
We also need to check if we can rise above this downward trend line (3).
This is definitely a strength, as it rose above the point where the sharp drop on March 12 was.
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Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a response 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
Basic Attention Token (BAT) Might Explode Like A BombProject Description: Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain.
The token can be used to obtain a variety of advertising and attention-based services on the BAT platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.
We see that the bat price is stuck in a long-term symmetrical triangle. I guess that wherever this long-term symmetrical triangle moves, it can move hard in that direction.
Red areas are trend areas. Green areas are the potential accumulation zone.
Let's see what the bat project will do in the future.
Yours ..
Basic Attention Token (BAT) - April 20Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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Must be supported at 0.15494740.
Around May 3, we need to make sure that the uptrend line (1), the uptrend line (2), and the 0.19916000 points may be supported above the 0.19916000 point after the crossing.
Before that, we need to see if we can rise above the uptrend line (1).
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It's time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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
BAT Is In a Downwards Channel, But Might Soon PumpBat is going down again here in this channel after seeing a significant upwards spike of 100%+.
Surprisingly, the coin didn't suffer much during the Corona crisis. However, you could argue it's already priced in as we're looking at the BTC pair here and not the USD pair.
I expect the price will continue to go downwards for a while until we reach a very important point: the confluence of the channel and the support zone.
I think this area could be a great buy opportunity as we've seen BAT does have the potential to spike when it's making lower lows. I will put it as a short for now with the expectation it will follow this channel, but I am bullish long term.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Basic Attention Token (BAT) - April 15Hello?
Dear Traders, Nice to meet you.
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It must be supported by the uptrend line (1).
In addition, it must be supported at the important point, 0.15494740.
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It's time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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
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"Like" is a great power for me.
We will try to reciprocate with better information.
Thank you for always supporting.
BAT Reached Support Zone with Confluence on Volume ProfileHey all, here’s another entry on my tradingview series called 'Quick Updates'.
We can witness this nice confluence on the support zone by price, but also by volume profile. This is clearly a very important area for BAT. That's why this could be a very interesting LONG position using a standard support and resistance trade setup.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Basic Attention Token (BAT) - April 5Triangular convergence is reaching its peak.
You need to see if you can climb above the 0.15494740 point to get support.
Must be supported at 0.11939172.
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