Batusdt
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.
BAT: Currently DescendingHello dear crypto friends! Let's have another close look at Basic Attention Token.
In BAT/BTC, it is important to understand that we have broken .55 Satoshis as huge weekely resistance already. Currently we're descending on the 4H: We have the lower highs coming in at .8 with big difference to .9, but we have always the same bottom at 0.7 => A break to the downside would lead to the previous Cup&Handle break-out zone at .67
Obviously a bullish break above .8 -which is currently the less probable scenario- would lead to .9, also with beautiful profit.
In BAT/USDT the situation shows itself as a descending move inside a bullish channel: We have the 37 cents as bottom. Also in this case a bear break would lead to the 32-33 cent previous S&R zone. A bullish break above 42 cents -again the less probable scenario currently - could lead to the previous highs at 46 and even 50 with the wicks.
If you wanna understand the details, please watch the video! ;) I wish you a happy trading.
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Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
BAT TOKEN LONG STRATEGYHi guys,
Today I share an automated strategy for BAT/USDT on BINANCE in 15m Timeframe.
This is a long only strat.
Backtest below is made with 0.05 commissions and an order size of 10% from an equity of 10 000$.
I used my latest indicator Cyatophilum Bands Pro Trader V3
You can get it here today.
May I have Your Attention, please!Hello dear crypto friends!
Basic Attention Token is close to breaking 35 cents important Weekly resistance in USD. We changed the Weekly trend already by breaking 16,5 cents lower highs.
First TP zone in that scenario would be 40 cents: 16% profit
Second TP zone would be 50 cents: 40% profit
Accompanied should the move in USD be also by relative strength towards grandpa Bitcoin: Here we have already broken the important Weekly Equilibrium at .55 and successfully retested the breakout. Currently we have a nice Cup & Handle on the 4H.
Good luck & happy trading! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
[BATBTC](71% PP) Basic Attention Token Trade Signal @alanmastersBATBTC is breaking out with good strength. I am seeing early signals of a breakout with a break above EMA10 and 50 on the 4H time frame.
This accompanied by a bullish RSI, bullish divergence on the MACD and increasing volume.
With these signals in place, we can start to trade.
Hit LIKE to get started and enjoy the profits as they come.
Trade: Basic Attention Token (BATBTC)
BUY: 0.0000340 – 0.0000360
TARGET:
(1) 0.0000397
(2) 0.0000435
(3) 0.0000498
(4) 0.0000600
STOP: Close daily below 0.0000333.
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BATBTC SHORT PROFITBuy Price: Green area
Profit: Targets
Invest Suggestion: 15 Percent
Profit Expectations: - 20 - 40 Percent
Fundamental Analysis: BAT going to be list in BitHumb in a few hours!
Looking at the chart of Bat, we could see a support line growing and we have two new indicators pointing a buy for this coin( i've tested this new indicators together in a lot of coins, 70% of time it generated profit ( 1.40 factor )!
Also, i could identify a pattern in this chart, when EMA 13 touch EMA 34 ( from upside to downside ), it raise in the next charts!
So, let's profit guys!
According the way you trade, sell when you get some profit.
Keep following us and please like this idea.
Any doubts? Send in the comments or in our telegram or Inbox here.
Thanks for visiting.
BATBTC SELL/BUY SIGNALSELL ORDER: 0.00003890
BUY ORDERS: 3325, 3350, 3400, 3425
Analysis:
- bearish engulfing pattern reinforces historic 4000-4050 resistance level
- price below Ichimoku Cloud Senkou A, and soon B support
- thin Ichimoku Kumo Cloud gives no confidence of support
- the market is exhausted after this rally, people are buying at the top
- expect a loss of Kumo Cloud to be extremely bearish, hence the sell order!
- piercing pattern support should be considered weak considering exhausted buying
- loss of 0.00003597 Fib is not certain, but it will be tested. Expect price to find (temporary) support here. Given the height of this rally I think a retracement below this point is logical
- the safe place to buy then is far below the Fib support, near the areas of previous support provided at Morning Star and Piercing Pattern prior pullbacks
- the icing on the cake is that the Pitchfork center line near 3300 area is a strong psychological support area and a rally from this point is to be expected
image]https://www.tradingview.com/x/ZpbgPaRM/
BAT now one of the giant coins in Coinbase. BAT could be like how 0x did a 100% when it got listed on Coinbase. BAT is now confirmed to be with the giants.
If BAT breaks the long term darvas box consolidation, this can fly hard like how BATs do when they get out of the cave.
I expect some crypto mania multipliers from here. x5 is possible.
BAT BTC SHORT PART 2 :)
BAT is a good project and also the investors was speculated too much a Coinbase listing which means the price would be pumped a lot of :-) but:
Now we have a series of bearish signals:
-BTC CME(bullish) future contracts will expire today
-Volume going down
-MACD overbought hard and also volume dropping
-Stoch overbought:They can force from here a little bit but sure sure will going down they need to refuel
-RSI above 70 is overbought also
Bull signal: It s above ichimoku cloud which is a bullish signal but they can go down untill 2840 sats to remain bullish because there is a support from ichimoku cloud
In my opinion this will going down.
1st target: 3899 sats
2nd target: 3550 sats
3th target: 3200 sats
4th target: 2840 sats
BAT BTC SHOORT
BAT against BTC now is bearish becouse they formed a LOWER HIGH you can see this huge bearish divergence at 1D chart.
Stoch is overbought and also we have a bearish divergence there.Stoch can keep it down for a longer time but when stoch hits overbought area and also we have a bearish divergence confirmation the coin will going down sure
RSI overbought 80. (Above 70 it s still overbought)
Volume increased hard becouse Brave and also Coinbase rumour FOMO ,if you want to make an entry wait a little bit .
Supports:3982 sats
3580 sats
3195 sats
2473 sats
2083 sats
These is the 1D supports. Good luck
$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