Basic Attention Token, so basic?Hello all crypto enthusiast!
Today I would like to take a look not at the coin from top 5, but at some Tokens that currently we are having in our market.
Basic Attention Token (BAT) caught my eyes the first.
In the middle of October, the cryptocurrency known as Basic Attention Token (BAT) has had a good run in the cryptocurrency markets as shall be intricate. At the moment of October 11th, this token had the value of $0.157. Then, it had an upwards to $0.27 . his is a percentage increment of 72% in a time period that is less than 2 weeks, which was describing great potential of it and promising.
As November appeared to be the bottom for market as such, of course Tokens in general suffer a lot from it and BAT is not an exception.
Nevertheless, currently managed to break support level which is now resistance and the price of it is $0.142 at the moment of writing, which is quite well indicator for such a token.
To conclude, I see the possible raise and the range in the upcoming 24 hours between $0.145-0.158
BATUSD trade ideas
Bat SupportObviously it sounds like I'm talking about the Caped Crusaders spongy rubber utility support grapple hook pants but in actual fact I'm referring to the fibs and fib rays, please try and take things more seriously <><> Looking at those Joker sized sell bars i doubt that man Bat man will be doing any crusading just yet, but the fact that the ceiling of the downtrend got smashed in looks good for the next attempt and quite possibly Bats sustained market value in general <><>
BAT Short triggeredThe market reversed since our last BAT trade, where we took good profits on the long and were looking to possibly re-enter long.. However, the indicator signalled a short setup, which triggered us into a short a few candles ago. We now have extreme overextension signals, and we're nearing and nearing a support area. Because of these two things I moved my stop to at least break-even. According to the strategy I'll move the stop down further as new signals are printed, or when a reversal candle appears.
We made good profit on the up move (see our previous BAT trade idea of how we played that), and now let's see what the market does for us.
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BAT - buying the dipScaling in long here on the macd bars and macd line gap. VFI has remained in bullish territory and looks to turn here near the zero line and stay above it.
BAT will find support after the coinbase effectBuild up position in the zone 0.22-0.26...the trend is bullish still, needs to lose 0.20 for this to happen, stay tuned
Long play BAT dailyWe’re in the long for BAT daily since the long setup triggered at trade (1). At (2) we took partial profits (off the 4HR chart signals), and reinforced the position at (3), following the re-entry signal strategy. We’re now at resistance (4) and a weak overextension signal. The red line is where we placed our stop according to the 4HR chart.
We have a medium overextension signal at resistance. Looking for the signal to become extreme (red) and for reversal candles following. Let’s see how it plays out..
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Time to start paying Basic Attention to BATUSDBATUSD has long been on my radar, but its failure to breach long term descending trend line resistance has always stopped me from doing anything other than buying on support between $0.1300/0.1600 and playing the range.
After the news that coinbase Pro is adding support for the token we have now taken out that bogey level and the story for me is changing for the better!
Already ripping 25% higher as the story broke, you can be forgiven for being skeptical of jumping in here. In my mind there is still huge upside POTENTIAL and I have highlighted the areas that should be in play over the coming weeks.
Resistance: $0.4345
$0.5473
$0.6904
BAT gets listed on Coinbase!!!
BAT just got listed on Coinbase
EMAs continue to trend upward providing support for price
We have broken past resistance that just turned into support
Tapped into supply zone above before returning back lower under resistance
We could see a pullback as traders take profits from this 30+% rise at one point
We are looking at the demand zone below for a possible entry target to ride this back up near the highs
Thanks guys!
BATUSD, Basic Attention Token/ Dollar, H4: Flag patternBATUSD, Basic Attention Token/ Dollar, H4: Flag pattern
==> UP
BATUSD, Basic Attention Token/ Dollar, H4: Flag patternBATUSD, Basic Attention Token/ Dollar, H4: Flag pattern
==> UP
basicbasic had a nice up trend the question is wil we see the trent contionue.
There are 2 possibility's
Number 1 is we see a break aut of the webge going to the upside whift some big volume
Number 2 is we se a break to the down side and then the dubble top has confirmd for this to happen we need to break the red line of resistans
There is one more option but i dong think this is going to happen we can olso make a 3 top and then go down .
Hoop this helps good luck
BAT - New LevelsNew support, resistance and pivot levels for BAT. Watch .24 carefully in the short term..
BAT Falling WedgeBAT is forming a falling wedge. These patterns have a bulllish bias and gan gain you some great profit.
Buy on breakout + watch for volume increase
#0003. BATUSD. Long. Again will buy.Market capitalization: 151 M
Capitalization rank: 47
coinmarketcap.com
'BAT' - Basic Attention Token. We consider it will buy at the price of $0.15. We have already opened a long position on the price of $0.15.
