BATBTC trade ideas
Basic Attention Token ($BAT) is going to get some attention.BAT is currently forming right shoulder of inverted H&S pattern.
Potential entry point is 3341 sats (break of the neck line).
With two potential target profits:
1. 4194 sats
2. 5113 sats
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
Bullish INV. H&S on Basic Attention Token vs Bitcoin Everything you see is on the chart. Inv. H&S is formed on daily chart. But this pattern is a failure before confirmation. Go long only if price is above 3400 satoshi on BAT/BTC daily chart. This could be confirmation of bullish inv. h&s pattern. Invest or buy only that you could afford to lose. Press like & subscribe to my tradingview!
BAT\BTC (Y19.P1.E1).Alts have reached their peakIt seems many of the ALTs have come to known resistance points. Eg. BAT.
Question that comes to mind, is this when BTC dominance kicks in? or is BTC to go more sideways and the ALTs continue to rise?
Hence why I'm watch this pivotal point.
BTC Dominance chart, 4 HRLY
$BAT, Moving above resistance level at ~3k sats with volume$BAT
Moving above resistance level at ~3k sats with increasing volume and UCTS Buy signal...
Crossing above EMA200 (usually goes pretty good when that happens)
RSI about to reach overbought levels
Looking for an entry on current level retest (12H for reference)
#BAT
BAT:BTC market cycle longBAT:BTC pair. a consistent performer in terms of its market cycle.
currently approaching all time lows to scale back in in anticipation of the new bull cycle. if you were to enter this trade, i would look to sell at previously established highs in the areas of 45-52k SATs , per the fib lines (78% and 100% lines respectively) . RSI profile playing with oversold territory as well with trajectory upwards per the meme arrows. notice the bullish bounces around these historically low price levels of ~20k SATs over the last ~18 months back to the start of the chart in Dec '17. March 2018, September 2018 are those bounces to begin trends upwards. 3rd time is the charm we are looking for with this trade.
counter idea: BAT could alternatively bleed out cuz RIP alts but hey, who knows. trade wisely no financial advice xd. long btc regardless
BAT/BTC - Kumo Breakout off a Kijun BounceBAT bounce off the kijun and just broke out of the kumo.
I am entering a long as soon as we have a clear break as my alert is above the kumo we also had a long on our cryptorhythms indicator too for more confirmation.
Looking for 2.4R-3.2R on this trade.
Trade, Chart, Learn, Repeat
Coach K
@coachkcrypto
BAT BULLISH consolidation bellow resistance ?BAT was during bullish consoldation between 2410 and 2650 sats. Price action: BAT closed above 2650 sats breakout. Major Resistance was double top at 3450 sats.
BAT closed above EMA 21,50,100,200 periods Uptrend. Potential Target: 3150 sats.
Volume: of buyers increased confirm bullish price action.
Indicators: MACD bullish crossover above zero line, RSI above 50 points. Bullish Sign.
Pattern: Bullish Consolidation bellow resistance.
S/R: Major Support at 2211, Support 2410. Resistance 3150, Major Resistance 3450 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.