BATUSD trade ideas
BAT Parked on SupportBAT Is needing to stay here. This candle tells a story. Opened up @ .2210 , Bulls pushed as high as .2322 , Bears tried to break it down a took it as low as .1904 but could not keep it there. If this candle closes the day looking like this than its signaling a possible trend reversal.
BATUSDBAT is rising above 700MA on the daily chart and 100MA on the weekly chart.
If you can form a box segment from 0.28206292 to 0.30073596, you might be able to challenge 0.37662744.
However, it is expected to be difficult to form a box segment, and it will not be too late to trade if we can see if we can keep the price above the 0.24858192 point.
It would be better not to approach too hastily.
BAT believes that those who buy below the 0.24450884 point are more likely to start selling slowly if prices rise above 0.28206292.
BAT.USD on the verge Breaking Out again? Coming FastBAT is advancing rapidly towards the current Ceiling.
Last attempt was quickly squashed into a sole wick.
Perhaps this time there will be less sellers up here.
Above are a couple of "Wide Open Spaces".
Break Out wave should jump a band or two.
There should be many breakout traders waiting
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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page .
BAT top call (still in play)
EOS top Call (near perfect plot)
LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
ETH breakout (instant Profits, no drawdown)
BTC bottom 3.1k (caught the EXACT bottom)
ADA breakout (PERFECT targets, massive profits)
ZRX bottom call (200% gain, Perfect target)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
RVN top call (Perfect Target, take profits)
LINK re-entry (caught the spike)
MATIC top Warning (caught the EXACT top)
MATIC rocket (massive Profits, breakout entry)
NEO Rocket Launch (great entry, massive profits)
FET top warning (EXACTLY on time)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
BATUSDWe are looking forward to seeing a complete break out of the downtrend line.
It is an important day on November 14 and expects prices to stay above the 0.24858192 point.
If prices fall, we expect to touch the 20MA and 300MA nearby or 500MA points.
As BTC's inflection date is approaching, the price flow is not good.
I should be careful about trading.
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More details here: basicattentiontoken.org
Here we have a textbook example of what we want our biggest positions to look like. The Bears had a 182% run from mid April until mid September until they at last relinquished control to the Bulls. Bat has recovered 69% after shaking off the weak hands and is moving back north with overhead resistance occurring at multiples of .05 . Macd just had a bullish crossover, Stoch RSI is strong and steady, SQMOM is getting ready to turn green. This point in time is still pre-FOMO. What more can we ask for? This not investment advice and I am not licensed to dispense advice. Do your own due diligence. Happy trading!
Only thing I see that might improve this picture is a heavier volume red bar at the bottom pivot in September. What is your take on how the Bear run ended?
BAT Weekly LongMACD, RSI, Stochastic RSI and Squeeze Momentum all suggest that Basic Attention Token has upwards momentum and is about to move higher.
The brave browser is gaining users by the day while the BAT token is seeing increased adoption across a variety of platforms at an alarming rate.
I believe in the product behind Brave and the solution it provides for advertisers. Given the resurgent bullish momentum across the crypto market in recent weeks, I believe anything from .22-.26 is a buy.
BATUSD: Reversal Watch - 2-3x Potential on Positive GrowthAnalysis:
-Lots of action in a relatively tight range for several weeks now, roughly the $0.20 - $0.16 region.
-Alt run in action
-Band hits for default KC 1.25 have been a good indicator for reversal (either way).
-Volume lulls frequently lead to high volatility periods, and has shown on this chart.
-21w ROC has a well-validated buying level at roughly -65%.
-A higher low here, especially with 0.236 acting successfully as support, would likely imply a higher high with 0.786 being a likely scenario. This may hint at a long-term reversal for BAT, as it may finally make the switch from LH,LL,LH.... to HH,HL,HH.... Could the growth of Brave browser users and publishers be the impetus for this reversal?
With the alt season already running at full steam, it's tough to choose which alt will have the best returns. LINK, BAT, XRP, and several others will be fierce competitors for money pouring out of BTC. Interesting times indeed.
BATUSDWe expect the BTC's inflection date to begin on November 10th at 11:00 UTC.
This is expected to affect the price of BAT.
The next inflection date for BAT is around November 14.
If you succeed in keeping the price above the 0.24450884 point around November 14, you are likely to challenge the 700MA and 200MA.
If it fails to hold the price down, it should maintain the price above 500MA, leaving room for another major coin to rise.
It is important to stay out of the historical downtrend line and maintain price above 0.24450884.
It is likely to rise above 0.30073596 point.
If you climb above 0.37662744, it's surprising.
I think it is good not to expect too much rise this year.
(An inflection day is a day when price changes are severe or the flow can reverse or rebound.)
BATUSDBAT is rising above the critical point of 0.24450884 and touches the historical downtrend line above the 0.24858192 point and is now in position.
The inflection date for BAT is from around November 9 to around November 14.
If you stay above the downtrend line and keep the price above 0.24858192, you are likely to touch 0.30073596 again.
There are 200MA and 700MA in the middle, which are expected to limit the rise.
If the price falls, we expect to touch 500MA.
If the flow of BTC moves rapidly, it is expected to move along in that direction.
(An inflection day is a day when price changes are severe or the flow can reverse or rebound.)
BAT pump soonHistory doesn't always repeat itself, but it usually rhymes. Last time we had a run up after a downtrend, BAT formed a bull flag. Then, it had a massive 150% pump. We just had a run up after a downtrend, and now the bull flag is almost done forming. If it plays out similarly, we should be expecting a huge pump if we break out of the bull flag to the upside.
BAT - Bears are in Control Elliot wave analysis of BAT/USD
Its clear the recent small bull move up was in 3 waves, with a strong RSI bearish divergence on the daily.
This means we are looking for 5 more waves down, likely to retest the height of previous bottom support around .13-.14 cents.
I always liked this Alt, but its not ready for a bullrun just yet based on elliot count.
Just my analysis, not financial advice. Best of luck!
BAT will fly like a Bird !! LONG BATUSDHi Beautiful peopleeee on the weekend!!
Looking at the Daily BATUSD chart, you can see BAT did break big red trend line to go upward. It came with strong bullish divergence on MACD and RSI as well as the price currently stay on top of 21 daily EMA which is bullish sign.
From these reasons, I see a opportunity here to go long with a tight stop loss around $0.2-$0.198 as well as my sensible first target is $0.28 and the second target is $0.36. If you like this idea, pls click thumb up to support me more and more!! Have a nice weekend : )
***** THIS INFORMATION IS MY IDEA AND IS NOT RECOMMENDATION TO BUY OR SELL. IT IS TO BE USED FOR EDUCATIONAL PURPOSES ONLY. ******
