BATUSD LongDiamond formation - bullish pattern.
Mind the potential trap though so set a healthy stop loss.
I expect to see a continuation of the bulls quite soon. (as indicated).
BATUSD trade ideas
BAT PREDICTIONHey guys, I drew this up chart up 3 days prior to the formation panning out and thought I'd share this with you.
BAT forming the notorious W head and shoulders pattern or (left cup, hump in middle, right cup)
First Target - 0.26400
Second Target - 0.27400
Third Target - 0.29000
Final target - 0.31000
Leave a comment and let me know what you guys think :)
Basic Attention (BAT) with Double Bottom Adam & Eve validated...BAT/USD Binance. Time-frame 1 Day.
* Golden-Cross confirmed, with the 50-day MA moved above 200-day MA.
* Breakout neckline done that is validating the Adam & Eve pattern.
* Fibonacci retracement @38.20% passed - Next FIB target @61.8%.
* Target 1: +37,5% from buy entry.
Note: Learning TAs in order to improve my analyses, I will be glad to get any advise from TradingView experts. Thanks.
BATUSD possible new support coming inBATUSD might break the resistance and give us a new entry on the daily chart
BAT.usd initial Rejection from Strong Resistance, retrace LevelsFollowup to my previous post showing the Massive Resistance at 27 cents (click) .
As expected, we have a pullback from the first Strong Resistance zone.
The pullback thus far looks to have "Fib Legs" so it might continue further.
Plotted are some key levels to watch for further clues about bull strength.
The rejection was a classic "double top" pattern, usually telling of a top.
The last leg down appears to have "fib rhythm" so it may well continue.
It is "possible" that retrace is complete, but "likely" another leg down.
See my Previous BAT analysis: (click links below)
27 cent Resistance
15 cent Bottom
23 cent Break Out
30 cent Break Down
I also plot Forex and Stocks, see my TV Profile Page .
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.
BAT Breakout to $0.30 Short TermI believe BAT will break out to $0.30 Feb. 14th-15th. Momentum is building and Basic Attention Token will be a big winner in this bullish alt season. Very bullish on the Brave Browser as well.
BAT (Brave Browser) - Looking bullish, but correction neededBrave Browser is great, but BAT has been in the same levels for awhile, and for a Cryptocurrency, it's not has not been very volatile.
Currently we've had a slow rise to the upper resistance, though it's unlikely we break out of it immediately as it's been a strong level for over 2 years.
The likely scenario I see, depending on how Bitcoin performs, is some consolidation towards the 38.2% levels and then bouncing back strongly to make a Head And Shoulders or Cup And Handle pattern, that would hint for a bigger rally upwards. (this will follow the green line)
The other scenario, is if Bitcoin begins to make sudden moves, either drop or pump, causing Altcoins to take another big hit and testing lower levels once again. (red line)
Good luck, make sure to buy with caution as we're in a pretty deciding point right now. (Altcoin Season or Bitcoin Boom/Doom)
BAT.usd against a SERIOUS Resistance and one MORE above yetBAT is sizzling against a formidable resistance right now.
3 powerful Ratios from 3 different Fibs in tight confluence.
Above is another Triple Cluster with empty space between.
Break above 27 cents should run to high 30's pretty quickly.
But entire market looks due for a pullback so CAUTION.
Small dip before breach of ceiling is probably best case.
Follow up to my Previous Plot that caught the 15 cent bottom
Basic Attention Token Price Feb 05, 2020BAT has broken through the uptrend line and could now make a bullish continuation.
Reasons:
- Support Level 0.15
- 1st and 2nd Bottom
- Above the Moving Averages
Basic Attention Token Trends + 200MAIt seems that BATUSD has come out of a descending resistence at the same time breaking above the 200MA in blue.
There is also a retest of the underlying uptrend which shows promising signs.
There is the potential to make a further retest of the green line whilst staying above 200MA.
BAT/USD - Basic Attention Token - (LONG)BAT/USD - Basic Attention Token - (LONG)
From my previous idea price reached the first target a moved above it. Price created a running flat on the first resistance zone and a bullish triangle on the second zone. As we can see price reacts very good on 200 EMA for this crypto and after tested it broke out for the triangel. The next target is the top.
Thank you for your likes and support!
Good Luck!
Bat aka Brave.com posit to run or break outBat token feels a lot of volumes. look to run from .21 to .25 plus. within 12 hrs. #Bat #Bitcoin #.33 this is for short or long entry.
BATUSD - 120% Gain Trade SetupIn depth analysis of BAT/USD.
Two elements that I use to analyse my charts are hidden. Meanwhile there is also a double-bottom formation and a higher low.
120% gain for about 23% risk.
Who's in?
BAT (elliot count) - New All Time Lows???Ive been calling for BAT to go down for a long time now with my previous posts, so far its exactly what it's done. And its only looking more bearish to me. Now I will try and look at it from a bigger picture.
The current momentum from X wave on way down seems to me as a 5 wave Impulse (will be confirmed once we see the final wave 5 head lower towards the 11c range).
A 5 wave move down as an impulse means the overall structure is not done and is likely much larger, the last leg should be in 3 waves per Elliot count before a major bull run can start.
So I will be expecting another B of larger X to take structure, a .618 fib retracement of previous X is a good expectation. After which a bigger final leg Z should take place. And unfortunately towards the end of 2020 i will be expecting new all time lows for BAT. Keep in mind, it was nearly worthless beginning of 2019 so heading back below 1c is a very possible - in my eyes likely scenario.
Do i want it? absolutely not, i believe in this coin and its success. But im just not seeing the confidence in the market for the 2020, and a bigger correction could take place.
This is my new primary count. I will check back every few months to see how it tracks along.
Not a financial advice, just my analysis.
BATUSD - Bullish and has bounced off the long term trendlineBAT has held the long term trend-line since Feb 2019 and has bounced off it yet again.
The token looks very bullish to me and ill be keeping tabs on this token.
BAT testing resistance on the hourly - BAT is testing resistance on the hourly.
Could be a S/R flip and a push for some upside.
Levels drawn are fiblines from the daily.
BATUSD setting up for a nice runHey guys, I've been practicing TA for a little while now and it's time to put it to test in an accountable environment. BAT is quite an exciting project as it offers value to all parties involved.
- User
- Advertisers
- BAT
It has all the hallmarks of success and after a nice little run it's now heading back down into a sweet spot. I haven't added explicit entries, targets, or stops. I just have a rough idea of what I think price action will behave like.
If you wish to take the trade yourself please exercise due caution and pick your entries and targets to suit your own trading style.
Usually what I would propose is selling 75% at the first target, 10-20% at the next, and then let the remainder run.
If you like this TA and found my content valuable please give me a follow on Twitter @SirSaltyThe1st
Happy new year!
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.174 to 0.146). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.174)
Ending of entry zone (0.146)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2200
TP2= @ 0.2700
TP3= @ 0.3145
TP4= @ 0.3640
TP5= @ 0.4530
TP6= @ 0.5300
TP7= @ 0.6660
TP8= @ 0.8010
TP9= @ 1.2385
TP10= Free
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.174 to 0.146). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.174)
Ending of entry zone (0.146)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2200
TP2= @ 0.2700
TP3= @ 0.3145
TP4= @ 0.3640
TP5= @ 0.4530
TP6= @ 0.5300
TP7= @ 0.6660
TP8= @ 0.8010
TP9= @ 1.2385
TP10= Free
BAT prediction 2020!So looking at the fundamentals, BAT is one of the best in the whole crypto space. It is quite reasonable to say we are in this triangle formation with an apex in april 2020! With the next altcoin boom, if we can get above the 0.5usd level and will create a higher high, expect the price of BAT to start rising. I would say it is very likely we are going to break the previous ATH in 2020. Things are looking bullish!
