BATUSDC trade ideas
BAT possible breakoutHere, BAT breaks out from its channel a few weeks ago, but now is slowly rising and testing what seems to be $0.28. It's edging up nicely and bounced off the 75ema pretty well. However, if BTC were to break soon, then that could rekt alts. I think I'm going to pick some up here. We'll see how it goes.
Check out my recent posts with ZIL and LINK, worked out well.
Buy BAT!Basic Attention Token is testing the low end of the strong bullish channel.
We have the weekly down trend overhead which has already been tested and broken once showing possible bullish sentiment.
We will find out rather quickly whether this is bearish and we should exit, as a break of the .618 would likely mean more downside.
Low Risk High reward set up.
New Trading Bot VisualDollar cost averaging bot.
Made money on every trade, and would have made profits on the orders I panic sold.
Surprised to see I could build a bullish bot and still make money in a down trend.
Will need to run the rest of the week to get better stats on best coins that work for this bot.
"Superbot1.0" Specs
Composit bot (8 coin pairs)
7 active orders at once
0.85% Take Profit
base order $15
Safety order $30 (+1.5% per) - 2 safety orders
Safety Order deviation 1.5% (-1.5%, -4.5%)
$90 Trade with both stops hit = 1.35% to target profit
Practice TA for ALT-SEASON (BAT)LINE KEYS
Red - once over, expected support.
Green - target selling price for each target
Yellow - Immediate Stop Loss
Target Zones (theoretical) and the lines described above are just a formatting structure that I have been testing. No idea if this project/price will continue upwards -- PRACTICE / FORMAT -- purposes only.
Nailed supports precisely! Now what's next?Hey guys. Quick post to let you know that I'm watching these moves closely. Neutral stance right now with longer term (months out) bull bias. Any dip below our supports in the chart above signifies and longer correction which could last weeks before we continue up. If we dip below our supports ( the red trendline and purple horizontal on the RSI), we'll end up back below the 20 cent mark and stay there for a few weeks.
This is a bull market, therefore, I am not expecting the longer term correction. But, it could happen. It is wise to keep some cash on hand for this scenario.
Our 200MA sits right above 20 cents right now. At the very least, we may kiss that one last time before sailing to new highs. But I am not even sure this will happen. These bulls are buying every dip. My only hesitation is lack of volume. Where is the volume on these move?
For these reasons, I remain neutral with bullish bias above our supports. I would turn slightly bearish below our support, with the understanding that the correction will be longer. But overall I would still be longer term bullish even below 20 cents. Dipping below 14 cents would cause me to become bearish longer term. The latter is the least likely scenario IMO.
Happy trading folks.
BAT - Potential to break important resistance zoneIn the next few hours the daily, 2D and 3D will all close.
The key area is marked between 0.27846 & 0.28744. (This level is also marked out as the .382 Fib zone, so this also a significant area to break) If these time frames close above this area then I will be targeting a move firstly to 0.322430, but then 0.3644 (depending also on BTC's movements, but right now it also is long term bullish).
The 3D and Weekly are looking very bullish too. Keep BAT's movements in mind.
Time to close BAT trade. Good work on your %50 gains traders!Ok guys. You can see I called the .30 cents hit spot on. If you have been hanging with me on this one since the .20 cents mark, you should have nailed %50 gains. That's remarkable!
Time to take those profits. Do not get greedy on this one. BTC (which the market follows) could still drop to 6k one more time before we're finally 100% bullish
Basic Attention Token USDC CoinbaseThe pullback on Basic Attention Token has a couple of indicators pointing to a range between (Fib .618).1918 to (Fib .5).2067 as a decent entry point to ride the third wave up to .35 - .38 highlighted in grey (Fib 1.618 bottom to top). RSI hits 74 overbought territories as it now moves downward. Moving averages are kissing the trendline.
I”m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.