Get started
Basic Attention TokenBasic Attention TokenBasic Attention Token
#188#188#188

Basic Attention Token

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BATUSD trade ideas

BAT 4hr Trending and Tracking! BAT on the 4HR. Technicals: -5-Data points on the upper solid green resistance (confirmed). -Orange dotted trendline; 3-data points (confirmed) -Secondary Trendline – Dashed trendline changes price distribution from a bull flag to a bull pennant (3-data points (confirmed). The Pole for the pennant price patterns formed February 26, and the price has continued bullish since. -Volume is not extraordinary. -Fib Retracement tracking price $0.1026 to $0.38770 and is not significant at the .382 ($0.21059). -Significant resistance at fib price level .50 ($0.24421) and fib level .618 ($0.27784) Denoted by the 2-down red arrows. -Current price distribution shows Value Area High for this dataset. Conclusion BULLISH! The price action in BAT has been moving in a structured accumulation price pattern. Something changed on Feb 25, to move the price distribution into a bullish pennant. BAT’s price has doubled in less than 30-days. The largest price retracement has been under .02 (most recent timeframe) but recovered timely. Anytime the price tracks another higher trendline away from the primary trendline, probability suggests the secondary trendline will break and the price will fall through it, or trade through it; and determining when that happens is very difficult. BAT's price action is classic for what accumulation looks like and could be used in a textbook on what a real structured bull trend looks like. Treading Ideas: Long: If you’re no in BAT yet, I would seek to buy near the dashed trendline. 5% of your total BAT invest only, or same for what you're adding to your existing position. Short: None Biff’s Opinion: BAT is extremely bullish and is being accumulated. What is very interesting to me is that since entering the BULL pennant price distribution the candle sizes increased – notice the difference in the candle sizes from entering the bull flag to the bull pennant? What does it mean? It looks like the people who were “in the know” on whatever is going on with BAT got in early and met their price targets. It looks like the rest of us joined the party as seen in the BULL pennant. I had placed a support/resistance green horizontal line where I felt price BAT would meet with the greatest resistance. Since the horizontal green trendline has been breached we can just refer to is as another potential buying opportunity if your bullish and want to go long. I feel the price may retreat to $0.18431 (set Buy). There is a lot of energy to move this crypto higher but not a lot of volume. I have some trepidation where those who purchased at the beginning of the Bull Flag denoted by the rectangle may decide to unload their positions en masse! I am also concerned that the volatile candles in the bull pennant have such small volume! To me, that means the price could fall $.06 at any time, BUT BULL is BULL is BULL and BAT is on a terror like an unstoppable enemy force! Even if the price falls to the primary trendline and it held at $.016 or so, BAT would still be considered BULLISH long-term. BAT is a buy on Biff’s list, on trendline pullbacks. One last thing; note the size of the HVN at the .50 Fib price level ($0.24421). Is this where BAT is going? That would place BAT in another price distribution. Don't forget to leave a like and follow Biff for more EXCELLENT charting! Best, Biff P.S. (I will have more exciting videos to come!) I had to do prom shopping for my daughter and handle some consulting, so my time is getting short. Please advise me of any mistakes in my analysis and feel free to respectfully disagree with me! Housekeeping: I use green trendlines for overhead resistance price levels. I use orange trendlines for support price levels and to show price distribution patterns. I use an orange dotted trendline to indicate the Primary Trendline and a dashed orange trendline to denote the secondary trendline. My charts have a volume bias. Indicators: Fibonacci retracement Volume Profile Volume The data calculated Is contained in the chart area. If you expose the chart to more, or less data, the Point-Of-Control may move to reflect the addition or subtraction of new data. Nomenclature : POC – Point-Of-Control is the price level for the time period with the highest traded volume . VP – Volume Profile displays trading activity over a specified time period at specified price levels. HVN – High-Volume Node are peaks in volume at or around a price level.
B
by biffbifford
Wedgie time around the cornerDescribe what I'm thinking and why... hmm okay. well I am currently going Long, in at $0.18 target $0.24 trade... by looking at the long term downtrend we are looking at possibly as high as $0.26 spike and another good drop over a few weeks down to $0.10... BUT...will this theory hold? I'm going to sell at $0.22-$0.24 either way for a 20-30% gain... ... if we see a spike above $0.30 in this current run, and if that price doesn't look like the previous runs, with a 3-5 cent 1 day candle wick.... then maybe we're breaking the tread, this falling wedge will trigger the reversal. But I'm thinking we can get a tighter squeeze back down to 10 cents before a final reversal. It's crypto, no one knows. I don't know. I'm just keeping an open diary of my rants. Best of luck!
BINANCE:BATUSD
by BP_BTC
1
BAT Making big moves on the DAILYBAT, breaking out on the daily. Looking at BAT on the daily it has moved parabolically off the primary Orange Dotted Trendline. I am looking for more primary trendline support and, giving STRONG consideration to adding BAT to my portfolio. There is significant resistance at the green horizontal trendline $0.19869 as well as the upper green channel trendline. The price has nearly doubled since hitting BAT's most recent low, NOT BAD, and something to keep on your watch list! Trade recommendation: Too bad it’s difficult to consider entering at these levels because we don’t chase trades. We have to wait until the profit taking occurs and determine if we are going to get some distribution to the next lower high-value node. I think dollar cost averaging with an entry price consideration of .15xxx or lower. This is a really big move for BAT, and unless the longs are going to DIG in, the previous volume indicates prices are slated to go lower after we strike resistance. Don’t forget to hit that thumbs up and follow Biff on Twitter for more crypto news and fun in the crypto sun. Keep a watch on BAT! Best, Biff
B
by biffbifford
#BAT $BAT/USD Basic Attention Token - #BRAVE - weekly#BAT $BAT/USD Basic Attention Token - #BRAVE - weekly Range .101 - .171 resistance test at top of range .171 btc macro trend uncertain VOL ATR - LONG target .275 support at .101 Long term LONG target .275 If my ideas are helping, please consider using my Binance referral link to trade $BAT message me on twitter @btcbiff for assistance thank you, and trade responsibly - this is my idea not financial advice Binance ref link: www.binance.com
BLong
by btcbiff
Been relatively easy to swing trade this one with some patience!Haven't been using my entire portfolio, very small amount actually because I'm setting my stop / losses pretty wide for this one and swing trading. Seems to bounce off the bottom support each time it hits (which i understand is no guarantee), but after waiting for a few confirmation bounces, then setting a stop/loss pretty low under the support, has made it possible to see a range of 5% profit on the low side, to 20%+ profit on the higher side; without staring at the computer all day ( for this chart at least :] )! Enjoy!! Of course this is not financial advice as I'm just a regular ol Joe, so gamble at your own risk!!
BLong
by RingDing
BAT Daily - Please can I get a little basic attention!Hi all, I hope you're having an equally fantastic hair day like me. Anyway, I don't have a long position on BAT (Basic Attention Token), but I do have to say...loving the technical picture on the chart. It looks a lot like Ethereum's falling wedge. See my other publication on that. The thing I love about the chart (I forgot to highlight) - the double bounce zone at .1233. Nice confirmation of support. Now the thing with falling wedges is that this is signaling a trend reversal especially if forming nearing capitulation or bottom part of a wave. So what's important to understand here is that although we are making lower highs, the momentum of lower low's is becoming more exhausted. More simply put we are finding the bottom of a trend or market cycle and bears are losing strength overall. So we could go lower thats the point so trading falling wedges are tricky. I tend to wait for a break out of the wedge (if I missed the bottom) and confirmed retest near the top of the trend line. I'm conservative on this pattern so I'll probably wait for Wave 4. Or if I didn't miss the bottom I try and and go long near the bottom trend line. The point is always before trading this pattern you need to have your exit plan established and be disciplined on it before going long. Figure out the zones that best fit your risk/reward style. I do love the overall technical picture of BAT and I do love their browser. I use it 100% of the time for both mobile and desktop versions as it's a great product. The only thing that's held me back going long is I have trouble coming up with a valuation of the token itself. I get what they are trying to do by revolutionizing the ad industry by actually giving users the ability to control ads, what kind of ads and reward content creators...I'm still figuring out ok based on this what is this utility token's value. It's easier for me to calculate multiple valuations for Bitcoin whether we talk about the store-of-value business or as M1/M2 monetary supply economics. I think the best way to value BAT is comparing it to a mobile browser like GOOG Chrome or FireFox. The creator of Firefox actually started BAT in case you didn't know. So if Firefox I think has a valuation around 300M I think (double check that). So based on BAT tokens you can do a very rough valuation. That could be it's potential economic value if you're trying to wrap your head around the project. Anyway, simple chart and it speaks to itself as far as where I see things going the next 5 impulse waves. Good luck trading, Bobby -Don't hate the hair, hate the game"
B
by UnknownUnicorn1615160