BAT value maintaining multi-month uptrend line on the daily. Oversold at the moment and touching support for potential good entry with profit target around 28 cents resistance area.
Hi all, BAT is looking quite interesting now against BTC. The pair I'm looking at is on Binance. As you can see on the daily chart, the coin is now on critical horizontal resistance, which if surpassed will open the door for the next stage to the last reached high from February. The downside reversal was exhausted after BAT found stability at a previously solid...
Today's chart - BATBTC – Consolidating at key support; a successful re-test validates technical targets above. Points to consider: - Trend Reversal - 21 EMA visual guide - Hidden bullish divergence - Stochastics oversold - Low Volume BATBTC testing trend support after a strong bull move into daily resistance, price respecting support level will form a...
Please feel free to comment or challenge me on my TA. If you like my idea, please leave a like to show support. -------------------------------------------------------------------- - BAT is in bullish territory and continues to set higher highs and higher lows. - Volume is relatively consistent. - Touching a 4H-support level (yellow line), which might be a good...
Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- We need to make sure we can continue to receive support from the uptrend line (4). If it goes down, you should get support on the uptrend line...
This chart is playing out perfect.
Todays analysis – BATBTC – Retracing from a multi-month triangle formation breakout (as explored in previous BATBTC analysis - link down below) Points to consider: - S/R flip retest - Support confluence - 21 EMA visual guide - Oscillators over-extended - RSI bearish divergence - Declining Volume BATBTC needs to hold the probable S/R flip retest at...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). BAT has just completed a full Elliot Wave pattern on the 4H, this in general means the end of a move (5 point wave), and as it's very far from the cloud it does seem quite overbought, this is confirmed by the RSI. Usually, this means it's time for a...
Hello Traders! Let's keep it short and simple. BAT was moving in consolidation, forming a symmetrical triangle. It seems that it already breakout from it, and the target price could be around 0.26 USD. :::Daily Technical Analysis Facts::: - 200MA still works as a strong support for the price. - 200MA and 50MA about to cross forming the golden cross. - MACD...
Hello Traders! I have planned a long term strategy for BAT. We have a contracting triangle, and we might be completing the E-wave (according to Elliot wave triangles), and is exactly at point E, where I will buy to make maximum profits. The area to buy is indicated with the green rectangle . Another safer strategy, is to buy exactly at the break out of the...
Bat has just lost and then reclaimed its major support level over the last few months and is now starting to pull away. Looking at a 100% increase from here against BTC to hit previously strong resistance levels. Sometimes you really only need a few lines and some patience. Coupled with the current de-fi yield farming craze of people scooping up and locking these...
Basic attention token is bullish again! The basic attention token to bitcoin chart is approaching the height of the right shoulder on the recent head and shoulders pattern. If it breaks this, the new target will be 0.00002832 BTC. (Note my previous charts with the downward target had slightly overestimated the height of the head above the neckline. I use the more...
Hello Traders! I have planned a long term strategy for BAT. We have a contracting triangle, and we might be completing the E-wave (according to Elliot wave triangles), and is exactly at point E , where I will buy to make maximum profits. The area to buy is indicated with the green rectangle. Another safer strategy, is to buy exactly at the break out of the...
Some people are losing patience with Basic Attention Token (BATBTC)... But remember, patience is key! This is the setup we have now where prices moved above MA200 but quickly fell below... Even though there was a rejection at this level, EMA50/100 is still working as support. From this level, prices can easily jump (green arrow)... But even if prices drop, we...
BATBTC is forming a head and shoulders pattern. Expect BAT to be bearish in the near future relative to the bitcoin and therefore the crypto market in general. I don’t see a head and shoulders, however, in the BATUSD chart, so BAT may still be a good buy relative to fiat. The Brave web browser recently received some negative coverage (to read about it Google:...
completion of a complex B wave a close to b probably done
$BAT If it follows what other altcoins are doing, then it should bounce from around this level (flipping it into support) Wait for confirmation of low timeframes if you want to be more confident about it. #BAT