BAT - Bull PennantBAT/BTC is falling in a pennant after a recent run. It looks like it is holding support right now and we can see some buying volume coming in here. This leads me to believe we will be running for resistance again with potential to break it.
Entry: 1040 - 1070 sats
Stop Loss: 975 sats
Targets: 1150, 1200, 1350 sats
BATBTC trade ideas
BAT looking bullish short and long termAside from fundamentals, it seems that BAT has taken a nosedive in BTC value. However, on longer timeframes, the candles have started to show a clear trend reversal. This is even more apparent in the fact that the 1D candles have been maintaining above the Ichimoku Cloud for 3 days now with increased bullish volume (volume has been INCREASING day-by-day for 3 days now!).
Also, on the USD chart, BAT is about to enter a blue-sky breakout, so any newbies to BAT may see this as a great opportunity to buy a token that seems to have "infinite" space to run (meanwhile, the whales and dolphins are watching BATBTC over BATUSD charts).
Your best friends for confirming this trend for yourself (instead of blindly trusting me) will be the Ichimoku Cloud indicator on the 4-hour, 1d, 2d, 4d, and 1Week timeframes. Also VPVR and RSI.
My gameplan: I have diversified about 30% of my portfolio into this coin for the time being, to at least ride the very likely massive bullish traffic and attention this token with good fundamentals is bound to gain. Depending on how the charts play out, I may skim some profits off of obvious resistance and buy at wherever the bears decide is a good resting spot.
I am short-term and long-term bullish on BAT. Medium term is something I'm going to have to play by ear. I will likely swing trade as we enter clear areas of previous support that may have turned into resistance now. EITHER WAY, this is a relatively safe investment considering the clear shift in sentiment from bearish to bullish overall, as well as the fact that BATBTC may never reach these low prices again. I believe this because, anecdotally, I know that many whales have been accumulating BAT for YEARS now, based solely on fundamentals. At these prices, BAT is a very low-risk, potentially high-return asset. At the risk of sounding over-exuberant, this feels to me like catching ADA or LINK before anybody is wise to its full potential. Which frankly feels incredible!
BAT: BTC, nice Cup & handle setup +48%Nice to see these patterns playing out lately, wait for the re-test for an entry.
Target: 1616 sat (+48%)
Heaps more setup on the radar, don't miss them ----> Like & Sub
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
Basic Attention Token (BAT) / BTC - Regular Bullish divergenceFollowing a near 80% correction since August and oversold condition (orange / dark orange column); an ‘incredible buy’ opportunity now exists.
The above 2-day chart has now printed Regular bullish divergence between price action and all oscillators (RSI, Stochastic RSI, & Money Flow Index). Divergence with all three is powerful.
Is it possible price action falls further? Absolutely.
Is it probable? Very unlikely.
Target? 5000 sats or 500%+ from here.
Good luck & be patient.
Crypto|BAT/BTC|LongLong BAT/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
BATBTC BATUSD -- WHY I JUST WENT BIG ON $BATThis is not financial advice - I just quadrupled down on BAT token for several reasons. First and foremost, the chart of BAT/BTC is bottoming out and a new uptrend is beginning against bitcoin (at least in the short term). After that last 2 week candle close it is pretty obvious that is the bottom for me. When I look at the USD charts for BAT I notice very stead sideways consolidation and movement. A nice base has been building on BAT around .20 for some time now.
The next reasons I like BAT and went big on it TODAY are more fundamental reasons. It is on Coinbase and on Voyager Digital brokerage, which are 2 of the highest exposure markets for crypto. This creates longevity in liquidity and accessibility for the token.
BAT token is a token designed for the advertisement industry. It is dispersed through the Brave browser, which is a growingly used privacy browser. I personally use Brave on my phone and on my laptop and yes I have earned about $10.00 in BAT there this past year from just using there privacy browser and blocking spammy ads and data collections from 3rd party sites.
Characteristics of Brave ::
-Use of a web browser to control your ads.
-Fair distribution of advertising revenues among advertisers, publishers and users.
-Creation of a transparent and efficient digital advertising market.
-Move from a quantitative to a qualitative advertising model: fewer ads but better quality ads.
-Advertisers receive better data on their highlighted products.
-A Blockchain-based payment system with the Basic Attention Token (BAT) at the centre of the system.
-Prevention of the manipulation of the number of clicks by robots.
-Avoid the misuse of users’ personal and mobile data by trackers when displaying advertisements.
$BAT vs $DGBThis might be a little more than most want to get into, but if you like trading alts against alts, these comparisons are the best way to decide when its a good time to switch one alt for another. The data doesn't go super far back on TV when you have my account level, but it goes far enough back to show that BAT is at recent highs against DGB. A swap of these to tokens, BAT to DGB right now seems like a valid play if you want to just earn more crypto buying power over the near term. Not financial advice, merely another way to punt your money.
BAT/BTC Bullish Price Action SpottedBAT/BTC has seen some very strong price action in the last two days, increasing almost 40% in value.
Most of the time, candles like these indicate a strong shift in trend, to the bullish side in this case. Seeing that there's a lot more money flowing into X/BTC pairs currently, I think we will see much more of this coin in the near future.
I've marked two areas of resistance on the chart, R1 and R2. Do your own DD.
Happy trading!
Basic Attention Token (BAT) Wakes Up Strong!This one has been really quiet for a long while... After noticing this, I quickly rushed to buy some as I knew it would move soon.
When nobody is looking, they tend to move.
Today we have a strong breakout for the Basic Attention Token altcoin trading pair BATBTC.
We can see a decisive break above EMA50 with additional growth expected.
This is only starting there will be more.
Namaste.
Basic Attention Token (BAT) Trading SetupBasic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.
This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.
What Makes Basic Attention Token Unique?
The primary use case for the Basic Attention Token is as a payment token for running advertising campaigns through Brave Ads. As of November 2020, advertisers must commit to a minimum ad spend of $2,500 per month to be able to launch their campaign, but a self-serve platform with potentially lower limits is currently in the pipeline.
Currently, this advertising budget must be paid entirely in Basic Attention Tokens, which advertisers can acquire from a variety of third-party exchange platforms. Out of this, Brave takes a small commission, and the rest is distributed to publishers and users.
Setup & Reasons:
BAT is a strong fundamental coin & blockchain project that will have it's moment at a point in 2021.
Trading setup with entries on explained on chart, we are currently outside of long downtrend channel waiting for upside momentum.
For details comment at any time!
Don't forget to follow and like if you find this helpful!