Basic Attention Token BAT USD Weekly/Daily/4H analysisHello traders!
Let's keep it short and simple.
:::Weekly Technical Analysis Facts:::
- MACD -> uptrend.
- 10 consecutive weeks in an uptrend.
- Stochastic RSI -> uptrend
:::Daily Technical Analysis Facts:::
- 200MA working as a great support for price.
- 50MA and 200MA close to make the golden cross happen, maybe beginning of June.
- MACD - about to change direction upwards, still the weekly MACD is very bullish and is an stronger indicator..
:::4H Chart Technical Analysis:::
- MACD -> uptrend.
- Double bottom in progress with a 10% drop, and with a spike in volume after each bottom, still to confirm the breakout.
Overall : I would expect BAT to hold support above the 200 Daily Moving Average, and a breakout after the double bottom might happen.
Fundamentals : Basic Attention Token has a browser and seems to be building a healthy ecosystem around it.
As always this is technical analysis, not financial advice, do your own research.
:::Please let me know what you think in the comments below, having feedback is greatly appreciated:::
Bravebrowser
#BAT is near a major resistance level, good bounce is expected#BAT is looking good and it seems that March will be a profitable month for holders.
The coin almost reach its major support which has been holding the price from falling since 2018 year. Expect to see a nice-bounce in mid-term.
My previous idea on #BAT:
If you like my idea, Follow and Like and Comment.
BAT (Y20.P2.E1).Macro.V or CupH. PotentialHi All,
Its another coin and area to pay attention too.
MACD looks good on the daily with convergence, unlike many other coins.
Note the V or W formation, very bullish or potential cup and handle.
It would not surprise me if it goes all the way up.
Inverted H and S to be completed. A 0.236 fib pullback potentially with BTC looking to move sideways for a short time.
Supported by potential BTC Dominance to keep dropping in the short term. Note the Bullish Div . on the 4 HRLY.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari
(for my reference > Master.Macro)
BAT/BTC Waiting on confirmation Here we see BAT nearing a breakout of this falling wedge? Will it break through or continue to bob and weave in the wedge for a later date. (BAT) Brave has seen its monthly active users go from 5.5 Million in 2018 to 10.4 Million in 2019. This can be the catalyst that it needs. Awaiting confirmation- Nuetral-Long
BAT-BTC : Next stepsHi everybody,
this can be easily sorted to Beyond Technical analysis category.
There is no philosophical background behind this idea, I just played with fibs time zones a little and all past tops pretty fits.
This may be just huge coincidence, but let indicators talk:
MACD: golden cross - bullish
MACD: histogram buy signal
STOCH : buy signal
(dotted lines/gray stripes are daily chart resistances)
Realize that this is 1W chart and If trend remains, next top by fib time zone would be at 02/2020.
This is not a financial advice, do your own research.
BAT Token and Brave BrowserHello guys,
I will start watching BAT/BTC closely.
The Basic Attention Token is starting to get application in the Brave Browser , with the main goal to decentralize ads on the internet.
Even though the browser looks awesome and all, the project is still recent and needs time to develop in order to reach its goal. But I trust in the tech !
I will be looking to buy in some BAT but now is not the time as the chart shows.
We could simply buy at the bottom of the channel but chances are price will not drop this much : an ascending trend line with higher lows is forming and will work as support for the next move I think.
Keeping you guys updated !
BAT-ter UP!!!The recent distribution of BAT by Coinbase has renewed interest in the Brave browser. We are down 30% from the pump on February 6th. It is is my expectation that we will hit most of the levels to 25% by Valentines's Day. With a strong bitcoin anything is possible. If bitcoin goes down because of the getcoiners and coinists BAIL!
BATBTCI don't analyse and trade less known coins lately, but BAT is one of coins I like because of its idea with Brave browser.
Regarding chart, this 3k - 3k1 area looks like a nice support and an opportunity to make some profit (hopefully). Trade setup:
- entry at 3060
- stop loss at 2880
- target 1 at 3550 (near previous high)
- final target at 3950 (just bellow psychological level) with mind set on to left part of trade for long run
If 3060 won't be reached again, breakout entry above 3260 would also fit in. Let's watch it closely.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)