BATBTC trade ideas
$BAT in buy zoneBuy $BAT around 5700-6000 sats. It is currently sitting on the trend line which has been a good support since it started breaking the previous BTC highs.
#BAT $BAT $BRAVE
BAT thoughtsBAT:
Held support, but finally broke through (R1 formerly S).
Reaching that green box below, which I believe will serve as support. From there I think we'll retest R1.
Buy BATBTCBuy BAT with a cheap stop loss now. Buying at 6300 sats, stop loss below 6000 sats. Target at 124000sats, which is a 1.618 of the wave 1. We are currently on a wave 3 on the weekly. On the daily we are right on the edge of an ascending channel, which is my reason for an entry.
BINANCE:BATBTC
we've already retraced 50% of the way from the most recent swing high... we could continue to 63% and go higher, or poop out to lower prices
might continue to sell off mahndoes not look good. we've broken out of a channel we've been in since the start of the year.
Read this first before you invest in BAT!!!I have been using the Brave browser for some time now.
Besides the clean interface, Brave is also proven to be faster than other browsers!
And now, you can also get BAT tokens for watching ads on the Brave browser!
However, as the weekly MACD and RSI is quite oversold, chances are high it will retrace before going up again.
Moreover, in just 2 months, BAT has went up over 150%!!!
You can't just FOMO into crypto that has exploded that much in just a few months.
Overall, I would still recommend it for long-term investment, just be a little bit extra careful about the short-term.
May 2nd 2019 (PT 2)just checking back in from earlier. Retweet for some exposure. need feedback from you EW specialist.
BATBTC: SHS with Bull SignalBear Zone: 5208 - 5314
Demand Zone: 5895 - 6190
Reversal Zone: 6640 - 6858
.
SELL:
Target 1: 8134
Target 2: 8715
Target 3: 10120
Target 4: 11668
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.
Cup and Handle forming on BAT/BTCBAT broke out of the descending triangle to retest the resistance at 8k sats. We are now seeing a bull flag being painted on the 4h chart that will breakout when the C&H on the 1h completes. You can see the same pattern unfold on the 1h at 14:00 on April 16th.
BAT/BTC this possibly be the outperfoming in short term. Look at the chart, its speaks for itself :)
Key moment incomingSupport on 4h 100 but a clear descending triangle. Waiting for confirmation and will get in lower if this breaks bearish
looking for the LTF long setup based the weekly chartposted my weekly analysis here:
So we got a stop run under the 4h lows wich is a good sign for the bulls.
I simply want a break above that S/R level i highlighted to go long. A daily close above that level would be enough for me to get in because of the weekly looking so bullish.
