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
Batusdt
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.
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.
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!
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.
Thanks a lot for your support.
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Because everything is possible!
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Namaste.
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/