Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I copied the chart from Coinmarketcap since tradingview doesn't have the full historical price data of BAT.
The start of this wave 1 begun around .07 cents and wave 5 ended at $1.9. On this chart I have drawn a completed WXYXZ wave cause I think the bottom is...
We've just closed a Short trade and netted a nice 15%, which feels good. What feels better is looking at the possibilities with the Long signal we've received from Crypto Tipster v2. BAT has been trending downward for a little while, to the point where it broke below recent support levels, it has since created a new pivot low and restored some of it's previous...
Basic Attention Token (BATBTC) is now activating a long-term support level which can lead to a massive bullish wave.
When this level was conquered back in January 2021, a bullish wave followed.
In October 2021 BATBTC bounced before reaching the long-term support producing another bullish wave.
In June 2022 the same support level became relevant again... BATBTC...
Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
For the longer term , Basic Attention Token is another altcoin I am extremely bullish on - and it's currently trading...
My forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Basic Attention Token BAT, which is overvalued.
Entry Range: $0.32 - 0.34
Take Profit 1: $0.30
Take Profit 2: $0.28
Take Profit 3: $0.26
Stop Loss: $0.38
Reasons to take short:
⭐️ BTC bearish
⭐️ Formation is 24 days old
⭐️ In the end of formation
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ Had false breakout
⭐️ 5th touch
⭐️ 55 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous...
- On the daily chart, we can spot a falling wedge and the price is currently above the wedge.
- Due to my Elliott Wave analysis, the ABC correction should be completed and we are ready for a new bull market!
- You can buy a breakout above the black tripple top resistance line.
- If we look at the volume indicator - we can see a huge bullish volume spike, which...
BAT is making higher highs ad price is above all EMAs on 4hr Time Frame, it looks bullish and perfect trade opportunity to take long. Note: Keep a tight stop loss of 3.7% and target profit is 40%, so risk to reward ratio is good.
After a quite consistent and long cycle (2yrs) between 0.00003 and 0.00006 and another one within 3 yrs between 0.00001 and 0.00003 I take a risk from here targeting to at least 30% for now.
It's not much but I like BAT and I chased it since a while for a cheaper price.
1D RSI looks to form a bullish divergence.
As soon as we will see some volumes and BTC will...
The chart for Basic Attention Token vs Tether (BATUSDT) looks weak.
We have prices trading below EMA10, bearish.
A weak RSI and bearish MACD... But there is more.
We have a strong bullish divergence between BATUSDT, the MACD and RSI.
This divergence is strong and can signal that prices will grow.
Remember to build your own plan before trading.
Prices can drop...
Basic Attention Token (BAT) has been printing higher lows vs Bitcoin (BTC) since December 2020.
This weeks candle is full bullish and we have a bullish harmonic pattern.
We are likely to see a change of trend in a the weeks to come.
We will see Basic Attention Token (BATBTC) grow.
Yesterday we saw that the price reacted negatively by reaching 42K and with a 3% correction to the level of $ 40800, it was able to react positively to this support level (BB +) and is currently trying to break the resistance of $ 43300. , Considering the volume of market and the power of Bulls at the price of $ 41600 on the current trading day, we can expect the...
im ready to long BAT as it formed a bullish rsi divergence on the daily timeframe in the past days and is now testing the 0.78 resistance: if we see a good 1D close above the 0.78 level we can set a nice long order targeting 0.94
stop loss would be around 0.71 for me
let me know what you think about this