BATBTC trade ideas
BAT/BTC: Bullish EquilibriumHello crypto friends, hope you had a great Sunday! ;)
BAT/BTC and also BAT/USDT on the 4H is currently in a Bullish Equilibrium/Pennant, which could see continuation. Strong: We have broken the Weekly EQ, which was holding up since the beginning of 2018, to the upside. Keep BAT in your mind!
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BAT holding a key supportBAT is playing very good with massive returns...
Finally after almost one year breaking the biggest resistance line .
The biggest question is... Can BAT hold this line as support?
RSI is not showing bearish divergences in 3D chart.
Momentum, ADMF are not showing bearish divergences.
But all of them are in overbought area.
Stoch is in overbought are making a sell signal .
In my personal opinion I want to see BAT holding this line for consolidation and all the indicators resetting getting ready for another leg up.
But that wick... means there is a big resistance so I would wait to see confirmation of this line acting as support.
If BAT breaks down I dould expect a free fall to the support line because there is almost nothing acting as support .
maybe .5 fib level could be a good support but the strongest is at .618 and it is matching with VPVR and the trend line support.
If you want to enter at this level ... wait for confirmation of this line as support and don't forget to use stop loss.
Very risky to hold this coin at this level.
BATBTC attempting to reach ATH in satoshi value with 7500 targetHello Everyone!
Lets get into it. Currently BATBTC is trading at 6300''s sat range and
attempting to push higher. Volume is increasing at a nice level with 2300
btc on the 25 hr volume. I can see this reaching roughly 6670 sats from there
we would break highest satoshi value ever see for this coin. I can see BATBTC
going to 7500 sats within a week or so tops possibly much sooner and ultimately can
see this coin reaching a 10000 sats price range by May or June of 2019!
THanks everyone
LiquidMEX!
BATBTC making wavesAlts are picking up volume again and we are loving it :)
Binance is showing most of the action currently but other exchanges are starting to pick up a little bit of volume as well.
We want the markets to show a healthy history of trade volume because cryptos are still a high risk class and we do not need to take on even more risk by trading the penny stocks of cryptos with serious amounts of our capital.
Until we can all trade from our own wallets we will have to do with exchanges if you want to trade a lot and this means managing the risk actively.
Back to the trade,
BAT is showing some good volumes and is available on a lot of exchanges for some time now which makes it a good pair to trade.
Right now, BAT is taking a breather before trying to continue upwards. We have some bearish divergence on the RSI and we may get a nice dip here that we can buy.
The green Fibonacci levels are based on the major price swings and represent my desired buy range in this chart. The goal is to secure the profit in a bounce from these areas and ride the remaining position where we can add to this position at the break of the last high.
For discussion you are always welcome in our Discord channels. Feel free to check out our articles on Coinstreet.NL (articles are in English, we can provide Dutch versions on request) or jump in the channel to join the discussion or learn about Coinstreet.
BATBTCBATBTC
Entonnoir : W/D/H4 (swing)
Trop tard pour rentrer puisque le cycle daily est déjà en fin de vie (3ème impulsion) mais cette paire reste intéressante pour la suite car elle vient juste de sortir de sa compression weekly (blanc).
Je prendrai peut-être position sur la prochaine sortie de compression daily s'il y a.
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Funnel : W/D/H4 (swing)
Too late to get in as the daily cycle is already on its end (3rd impulsion wave) but this pair is still interesting to trade as it just got off its weekly compression (white).
I'll probably go long on the next daily compression breakout if we have one.
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/BTC close to end of wave ? Basic Attention Token near 4.236BAT has been strong and got an extra push by CoinBase.
Now approaching a possible Wave-End at 4.236 extension.
Hope for pullback from Band 4 for clues about continuation.
See my other ALT coin Plots below.
ADA breakout call
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POLY bounce call
ONT top call
BNB sniping zones
$BAT... Looks like a retrace is coming after a 50%+ run...Update on $BAT... Looks like a retrace is coming after a 50%+ run...
UCTS sell signal on the daily.
MACD bearish cross and falling
RSI falling
Volume falling
Lock profits if you didn't, for now we will have to wait for more information to know where bounce can happen..
#BAT
BAT finally breaking free?Through 2018, BAT has ranged horizontally , albeit in a very wide range, while the rest of the market followed BTC and trended strongly down.
Now it's approaching the top of the macro range for the 5th time this year. Daily moving averages are flattening out, so we can expect either a 30-60% drop to the middle or bottom of the range, or a wild run above.
Reasons to be macro bullish include fundamental success, with BAT recently launching its scheme to pay users for viewing ads, and not to mention being listed on Coinbase.
So arguably it's unlikely to be a huge drop, unless the whole market goes down.
Zooming in to the last 6 weeks, the pattern is consolidate - up, consolidate - up, consolidate - up. Now BAT is consolidating at the top of its macro range.
It tested the first long-term diagonal, broke it, fell back, and is testing it again.
For the last couple of weeks it's been consolidating in a pennant above local support-turned-resistance.
We're nearing the end of this triangle, and just broke a mini trend line and retested it.
Market allowing, I'd expect to break up out of this triangle in the next couple of days. If volume comes in, we could then have a crack at the second long term diagonal, the very top of the macro range. If it breaks that, well the sky's the limit.
Hat tip to the very skilled @Jnsane of @TrendySquad for the original diagonals.
Disclaimer: I'm a beginner at charting XD Just publishing some ideas because it helps me to make them more rigorous. Hence no entries, stops, or targets listed. You better do your own research.
BAT-BTC Long Trade PlanCommodity : BASIC ATTENTION TOKEN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point. Letting 25% run in case BAT registers a new high
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 9% to 24%
Prospective Loss : 6%
RRR : SL to TP1 is 1.4, SL to TP2 is 2.5 , SL to TP3 is 3.7
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)