Very basic strategy script implementation for HA candles.
If we're green we long, if we're red we short.
Optional alternate timeframe, and optional trialing stops.
Make the chart your own and have a play :) Cheers.
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...
My previous count is still in the play, but with update now on the symmetry of the corrective move, expecting a bounce form .786 and then the wave C down, yes even now im still expecting much lower prices.
It always helps to take a birds eye view of this coin and look for simplicity in the larger moves. If you're aware of what it's doing in the large picture you...
we're now in an important area, let see if this support holds.
if its holds we can expect a move about 10-15%. use a tight stop loss to safe your ass from grandpa bitcoin :)
will take a long position if we see a rejection
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.
WELL IT'S BEEN HELD by 78.6% retracements on weekly chart. and will likely forming a Rising Wedge chart pattern on H4 chart that has a potential to push the price down.
Sell on strength with price action confirmatory, You can use trailing stop loss after the price reach 1.2711 and let the price run to the ideal target at 1.2565
Basic Attention Token looking good. The platform is growing daily for BTC and will continue to do so, Big future ideas in the eyes of advertisers and publishers for a better internet. This token will be the heart of it and you can get it for free.
Trend is looking strong and has a lot of backers.
COMPARED TO ANOTHER pair, the range on LOONIE is not really interesting. It's likely form a rectangle pattern and I assume the next move will be down as shown on the weekly chart that the rectangle is formed below EMA's.
The price will likely make a pullback before the price continue drop, even though the range is not really appealing but the movement is pretty...
NINJA ALREADY FORMED a bullish continuation pattern as we can see today there's a descending broadening wedge (DBW). Some people may assume that the DBW is a part of CUP AND HANDLE pattern, nothing wrong about it.
THE SPECULATIVE setup would be around 50% Fibonacci Retracements measured from latest Swing Low to the current High (I assume it gonna form a swing as...
STERLING MAKE A MASSIVE MOVEMENT LAST FRIDAY
Not just on GBP/USD, all GBP is going stronger that maybe not many people can expect it (except who used an Elliott Wave Count). The movement is really crazy and it's flying right to the 200 EMA's. Some people knew that 200 EMA's has a function like a dynamic Fibonacci as it be a support resistance levels too.
Mehrere bullische Sequenzen momentan im Retracementbereich (kleiner Timeframe), somit potentieller und kurzweiliger Long Einstieg.
Übergeordnet im 4h stark bärisch.
Ich möchte den Markt weiter bis ins orangene Ziellevel fallen sehen (0.05$), damit wäre die Sequenz sauber abgearbeitet und ein sehr starkes Buy Signal
Once there is some price action, over the EMA34 this could rise up nicely. Good FA and utility within the token make this a good long term investment but as trading goes this could accumulate Bitcoin nicely via a trade.
Wait for EMA34 to support not resistance.
BAT:BTC pair. a consistent performer in terms of its market cycle.
currently approaching all time lows to scale back in in anticipation of the new bull cycle. if you were to enter this trade, i would look to sell at previously established highs in the areas of 45-52k SATs , per the fib lines (78% and 100% lines respectively) . RSI profile playing with oversold...
BAT shows promising potential as it has now pierced the the tip of the triangle. From here, a rally up to around 0.45 is expected. Once this target it hit, it is likely that a strong pullback towards around 0.37 will occur. Beyond this, BAT will explode higher up beyond 0.6.
Start - 0.32 (buy)
Target 1 - 0.45 (sell)
Target 2 - 0.37 (buy)
Target 3 - 0.6+