BATBTC Bullish Divergence|Falling Wedge| EMA Cross Bullish! Hello Traders!
Today’s chart update will be on BATBTC, very similar to XRP’s chart which I posted a couple days ago. BAT’s had a falling wedge breakout which is in confluence with a potential bullish divergence. It needs to break major structural resistance to confirm the daily trend change…
Points to consider
- Visible Bullish Divergence
- Price testing major structural resistance
- Macro trend change
- EMA’s cross bullish
- Stochastics projecting upwards
- RSI respecting up trend
- VPVR showing increasing volume of transactions
- Volume overall increasing
BAT’s chart is looking extremely bullish as its forming a well-established bullish divergence where price makes consecutive lower lows whilst the RSI makes higher lows. A very key level for BAT to break is the current resistance it’s testing; this area is very strong as it is in confluence with the 1.414 Fibonacci Extension.
BAT needs to break current resistance as it will allow it to put in a new higher low, this will confirm the daily trend change which is extremely bullish!
The EMA’s have already crossed bullish and is supporting price coming into resistance, this is a very strong indicator for the bulls as the EMA’s have been giving BAT major resistance way back in early May 2019.
Stochastics is projecting upwards momentum; technically it can stay in this area for an extended period of time. The RSI is respecting it’s upwards trend, and mentioned earlier, it is clearly diverging from price, which further supports the bullish divergence.
The VPVR is showing increasing volume of transactions after structural resistance, if price sustains above resistance despite heavy volume of transactions, then this is considered to be another extremely bullish sign.
Volume itself is showing an increase after a long steady decline, this needs to sustain to confirm that the break is an actual break and not a fake out…
Overall, IMO this is a very good trade setup if and when BAT breaks this current resistance and puts in a new higher low, confirming the trend change…
What are your thoughts?
Will BAT test upper Fibonacci Extension levels? Or will price fake out and reject from current level?
Please leave a like and comment
And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
Basicattentiontoken
80%+ For Basic Attention Token | Bullish + New HighBasic Attention Token (BATBTC) is now trading at its highest since it hit a peak price in late July...
After hitting a low on Aug. 14, BATBTC has been producing higher highs and is now moving higher.
The next target is marked on the chart with 35%+ of profits and up to 80%+ if you look at higher targets.
All the indicators and signals are in favor of the bulls. This chart is extremely bullish. BATBTC will continue to grow.
Previous chart (click on the image and hit "play" for details...):
Namaste.
BATBTC: Potential Continuation. Alt Run XRP, ZRX correlation.*Not financial advice*
Previous BAT posts below. Nothing much has changed for long term outlook. There does appear to be upside potentially in the near future due to:
-ZRX, ETH have already completed their double bottom patterns
-BAT AO (momentum) has been diverging for months.
-Volume has finally resurfaced from YTD lows.
-Currently at historic price range lows (check BAT/BTC 1W chart).
Definitely a stop loss trade to manage downside.
Basic Attention Token Next Falling Wedge (300% Profits)Here is the full chart for Basic Attention Token (BATBTC) on Binance, it shows data since November 2017.
We are going to keep it simple today and look at the multiple falling wedges throughout time.
Notice that each time a falling wedge is completed, a new up-wave takes place.
The current falling wedge is the biggest one, which means that it can also produce the best results.
Here we are looking at 300% potential profits based on my calculations, long-term, but it can produce even more.
What are your thoughts?
Please share with us in the comments section below...
Namaste.
Basic Attention Token (BATUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Basic Attention Token Price Prediction: Long-term Analysis is sh
The cryptocurrency market is again under the bearish sentiments in the values of the cryptocurrencies. The top ten cryptocurrencies are also under the bearish pressure and on the other hand, bat coin price prediction is also under the bearish correction. The bearish correction of the BAT was started on April 21, after it achieved the value of around $0.5 and since then the BAT is following the wedge pattern.
Its wedge pattern conventionally follows bullish breakout and it is currently trading and testing the value of $0.204448. Its value is decreasing by -0.81% and the market capitalization of the currency is $261,024,061. The 24-hour volume of the currency is $24,071,234 and the circulating supply of the BAT is 1,276,725,522 BAT.
Basic Attention Token Prediction: BAT is following the bearish sentiment from the previous few weeks. If we talk about the following potential of the currency then on the increasing side the currency has important resistance value around $0.215 and if this value is surpassed then the main resistances will lie around the value of $0.23 and $0.24.
BAT has gained around 500% increase during the first quarter, but unfortunately, it loses around 55% in the previous months. On the other hand, on the decreasing side, the important support level of the BAT is $0.195 and if the value further fails then the next support levels will be around the values of $0.18 and $0.17. After the excessive decrease of August 10, the RSI of the currency is neutral and while on Stochastic RSI, the sellers are meeting and expecting a possible drop in the value of BAT.
BAT medium-term price prediction: In the 4-hourly chart of the currency, the currency is following bearish sentiment after the mid-July fall back that happened after the high value of $0.28. In the course of the previous two weeks, the currency is re-examining the rebound value of mid-July $0.195 and also creating a falling channel.
The BAT is again hovering around the value of $0.195, this time it might break even lowers and a new support value will emerge. If the breakout happens around the value of $0.195, then the main support level will lie around the values of $0.17 and $0.15. BAT is going back towards oversold category as we can see on Stochastic RSI. After the refusal of the value of 9 August, the RSI is speedily recoiled from the overbought region and currently is on 50 levels. If the RSI will pass the above level then the value of BAT might become bullish again. Unfortunately, it is still in bearish sentiments in the 4-hour chart.
BAT long-term price prediction: After achieving a high of $0.5 on April 21, it followed the bearish sentiment. It is currently following the falling wedge pattern since the 4 months. It is currently trading around the value of $0.20 and the selling aim at $0.15. The wedge pattern usually follows the bullish breakout.
As we can see the BAT is under the clear bearish pressure and that’s why the investors need to watchful for the following selling values at $0.184 and $0.164, before anticipating the aid for the breach around the values of $0.13 and $0.1. The value of the BAT is going towards the lower boundary of the wedge for the third time.
The line refuses the value again, and then we might see the value near the resistance levels of $0.23 and $0.256, that is the upper wedge boundary. If the value of BAT goes up then achieving the value of $0.274 and $0.30 is easy.
If we talk about the RSI, BAT is steady on the 30 levels after it falls back from the oversold region in late April. The Stochastic RSI is moved towards the oversold region following the value decrease of August 5.
Let's try to repeat the same setup on BAT/BTC Easy 10-20+% gainHello guys and hope everyone is doing well.
It's a good thing we took profit last time as BAT is in similar position as it was before.
Bullish divergence is happening again and this should provide an easy 10-20% gain again.
Targets are drawn on chart.
BAT-BTC (short term trade)- Took some small profit in 14 hours 1.96% which is not much but I am still satisfied all doe i was expecting 4-5%. My stop sell got hit since i left it over night wile resistance zone were identified appropriately. --> LESSON LEARNED! Trust what the chart tells you :)
- Took the trade on the break-out from the pattern to upside at 1748 mark.
What I am looking for:
- Minor uptrend has been broken ( Bottom of symmetrical triangle) and I am waiting for new support. Will the potential old support hold at around 1725 or will it drop down to 127.20% fib level???--> Or maybe even retest the 9 day trading range (1668 sats) ?
BAT downtrend possible reversal-Great long term investment entryThis TA is for my educational reason testing strategy as a paper trade.
Not a financial advice of any sort. Iam begginer who is learning.
Will be happy for any feedback or tips :)
All best ! Together to the moon towards better tmrw.
Matt
BATUSD#BAT ready for massive accumulation zones, perfect time for looking this coin, sincerely im gonna buy if price reach the trend line, if not my grey zone is perfect for long term investment.
BATUSD formed shark pattern | Upto 33% profit potential tradePriceline of Basic Attention Token / US DOLLAR has formed a bullish shark and entered in potential reversal zone.
RSI is oversold and turning bullish.
Stochastic RSI has given bull cross.
As per Fibonacci sequence the targets are as below:
Buy between: 0.20762 to 0.1915
Sell between: 0.22310 to 0.25651
Regards,
Atif Akbar (moon333)
Basic Attention Token (BATUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
BAT is located at the bottom of the horizontal channel. BAT is located at the bottom of the horizontal channel. Likely movement.
coinmarketcap.com
BAT is located at the bottom of the horizontal channel. Likely movement depicted on the chart. Very profitable and simple coin to trade.
Short in the last trading idea reached its goal.
I trade coins from time to time for more than a year. Here at tradingview, the first idea for it was in November 2018.
But remember, on the crypto market, anything can happen. An example of a MANA coin where a horizontal channel has been struck against the expectations of the crowd for more than a year. Therefore, trade according to the plan, but always have a backup plan.
And then a new temporary horizontal channel was formed which was very profitable and existed for about 1 month.
Short BAT/BTCIsmért egy sikeres be és ki lépés egy remek pozicíóba, amit már tegnap elore jeloltem nektek, hogy hol léptem be, és hogy hol szeretnék kilépni a pozicióból. Ez ma reggelre teljesült is, be volt állítva egy limites vissza vásárlás.
Tervezett belépési pontot még nem találtam a következo pozició nyitásról, de jelölöm majd nektek ahogy megvan. ( Piros vonal = BAT eladás, Zöld vonal BAT vásárlás - Bitcoinnal szemben ).
BAT - Possible 141% Move Up Is POSSIBLEA lot of gains could be realised in basic attention token over the long term, certainly with its fall over the previous 2 months. We believe that there is a lot of gains to be had with this over the longer period with the technology and use case of the brave browser.






















