Batusdt
Bat Mid-term Trend reversal [Tripple bottom and more]Thanks for visiting.
Key points:
1) We're facing historical lows + strong support
2) Triple bottom + lowering volumes are strong reversal indicators
3) 1st and 2nd take-profits are based on historical supports
Trade plan:
1) 1st take-profit 75% or 100% (if level will be holding for too long)
P/L ratio 3.66
2) 25% or 0 for the second one
STOPS: near green line
BAT/USD - There Are No Mistakes, Only Opportunities!Hi, today we are going to talk about the Basic Attention Token (BAT).
At the BAT we observe at the chart the effect of the listing announcement at the Kraken exchange (recently highlighted at the media for the massive OTC volume), with the breaking of a Downtrend Line on the 4H timeframe chart. However, the price found a second and stronger Downtrend Line above, that made the price flinch. The first and overcome Downtrend Line works now as a support for the price, and the second one as resistance, on this zone of swing we might have good possibilities of trades.
* Trade and Funding will be available on Kraken, at 13:30 UTC on August 22.
Thank you for reading and leave your comments if you like.
Let's try to repeat the same setup on BAT/BTC Easy 10-20+% gainHello guys and hope everyone is doing well.
It's a good thing we took profit last time as BAT is in similar position as it was before.
Bullish divergence is happening again and this should provide an easy 10-20% gain again.
Targets are drawn on chart.
BATUSD formed shark pattern | Upto 33% profit potential tradePriceline of Basic Attention Token / US DOLLAR has formed a bullish shark and entered in potential reversal zone.
RSI is oversold and turning bullish.
Stochastic RSI has given bull cross.
As per Fibonacci sequence the targets are as below:
Buy between: 0.20762 to 0.1915
Sell between: 0.22310 to 0.25651
Regards,
Atif Akbar (moon333)
Let's See How Much Will Bat Increase. A Very Bullish TokenHi every one,
I introduce a powerful project with very bullish tecnique
I am developer of smart trading bot with artifical intelligence called mikabot
2 hourse ago, Mikabot told us, "batbtc broke long term trend from march"
That is very important.
Let' see how much batbct increase soon
If you have an idea, dont hesitate to give a comment
Opinion #BAT / USDT- price compression within a symmetrical triangle
- slight bullish divergence on D1-Ch4
- attempts to exit the triangle on increased volumes
- good risk / reward ratio
- in the case of breaking through support, most likely will form a downward channel, which we will already analyze on the situation
Who is in position, stop to put under the support of $ 0.3. Profits $ 0.375-0.42-0.49-0.54.
Who is out of position, enter after penetration / retest of the upper (black) resistance. Stop and profits are shown above.
We carry out our own analysis! The figure is formed for quite a long time, do not forget that there is a chance for the price to go down, be very careful
Is it the beginning of the end or the end of the beginning? #8Trading crypto has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest or trade the financial markets.
PLEASE UNDERSTAND WELL THE SENTENCE BELOW!
Definitely not for everyone and there is tons of ways of playing this Crypto game but anything worth while takes some hard work! You have to ask yourself why you are here! My ultimate goal is making money in crypto. If I am not making enough money for the time I put in it, I am out!
About 90–95% of the traders / investors lose money on Crypto Market, especially beginners. This is a well-known and publicized statistic. And it’s true!
The reasons are manifold: greed, lack of Crypto education, no consistent Crypto strategy, follow wrong people without Do Your Own Research. Usually no more complicated than going to Las Vegas all excited with some cash in your pocket and little common sense or skill in your head! The casino wins. You lose. So why, when the odds seem against you, does Crypto still attract so many new investor every day?
Because most people trust in their good fortune and are willing to take the chance for fast profits. But the smart, experienced Crypto investor does not compare himself with a gambler nor a Las Vegas casino person. For the smart investor it’s an art, skill, and patience strategy!
The second ultimate goal is to help the crypto community , I want to share everything I’ve learned because knowledge is only power if passed on.
Let’s start it! All your trades should end in one of four ways: a small win, a big win, a small loss, or break even, but never a big loss. If you can get rid of big losses you have a great chance of eventually trading success.Too many people do not know how to apply money management techniques. They have no discipline, no plan. Many also overstay when the market goes against them , and wont limit their loses!
The key to trading success is emotional discipline. Making money has nothing to do with intelligence or luck. Never gamble if you do not know what you are doing!
7 GOLDEN CRYPTO TRADING RULES
1) Never over-trade
2) Don’t close trades without a good reason.
3) Your stake size should not be more than 2% of your capital on any single trade
4) Do not FOMO, but consider the effects of FUD
5) FOLLOW #cryptoengineering on Twitter - ( I am sharing great things there )
6) Don’t try to guess tops or bottoms. Let the market show you that it has genuinely made a top or bottom.
7) Never buy or sell just because the price is low or high
8) Risk Only What You Can Afford to Lose
Be in a profit at the end of the day! Dont forget The S&P averages 9% per year. In Crypto, So many people want to do 100% overnight and 500% in a week. If you only focus 5% CONSISTENT WEEKLY PROFIT, You will amaze with a result.
Guest Trader Series -1
Ed Seykota
“In order of importance to me are:
(1) the long-term trend,
(2) the current chart pattern, and
(3) picking a good spot to buy or sell. Those are the three primary components of my trading.”
Seykota converted a meager $5,000 investment into an unbelievable $15,000,000 in his client account. In the early 70s, he designed and standardized a commercial programmed trading system. He was the first one to emphasize the price action patterns and chart patterns in the trade market. Seykota’s success came from an intense focus on patterns.
TARGET? The charts speaks itself! I’m happy to answer any questions you’ve got! Just put them in the comments below here or under my twitter post.
DISCLAIMER : Do your own resource and make your own decisions about where to put your hard earned money. I am not a financial adviser and this is not financial advice and if I really need to tell you this then it’s best to keep your money under a mattress anyway because when you lose it you’ll only blame other people for your mistakes rather than yourself.
Basic Attention Token BAT Looks At The Moon To Move UpHi everyone,
As i told you before, I am computer engineer that developed smart trading bot with artifical intelligence called "Mikabot"
From my profession, I respect technology phenomena that have done great things in the past.
I trust people who have done great things in the past. Especially if one of them is one of the Mozilla founders who develops the Javascript programming language and produces an original project in the field of blockchain, I follow that project closely.
Brendan Eich is the person who changed our web world. Javascript is the language of the web. I love you, Grand Master.
BAT is short for Basic Attention Token; it is a digital advertising token which is built on the Ethereum blockchain. The purpose of the BAT token is to create an ad exchange marketplace which will connect the advertisers, publishers, and users in a decentralized manner. The purpose of BAT is to monetize user attention and remove all the other needless expenditure related to ad networks.
The BAT token takes care of the following:
*Serves as a unit of exchange by cutting out the middlemen
*Rewards users, publishers, and advertisers.
*Users get paid for giving attention to ads.
*Publishers get a portion of the ad revenue as is the norm.
*Advertisers get better ROI for their content.
In google trend, Basic attention token is very up trend
Bat price in the bullish pennant.
The prices bounced from fibo level 0.786
If the price breaks up the resistance with volume, then the target will be 0.70 usdt
BAT/USDC Profit Taking and ConsolidationOvernight, savvy traders saw the opportunity for a quick flip with BAT hovering at highly oversold territory. A big bounce off 0.27 burst through the Correction Channel convincingly and those who made a quick 20% in the span of a few hours will be locking in profits. Look for a brief selloff in the near term followed by some consolidation. Watch the price action for confirmation of strength to the upside. BAT has declined roughly 50% from its recent highs. As a result, the probability of further sell-off is declining and risk/reward is tipping toward the bull case. BTC continues its grind upwards as traders watch in disbelief. As the bear-clouds clear from the horizon and bulls take control, BAT will be the beneficiary of the Bitcoin tide rising all boats.
TLDR: Consolidation in near term through the weekend, followed by growing probability of more strength.