I have been wanting to buy BAT for a while ever since I saw the big spike high in March. Now price is kind of low relatively, but I think it looks pretty bullish on the BTC charts.
Does this mean that the bullishness will continue? Hard to say, but I'm only just drawing lines in at the moment. I'm not planning to do anything with them today. I will make another...
BAT is on our golden altcoins list, on long-term. It is very good project, owners of BAT are also owners of Brave Browser and both projects are supporting each other. Our subscribers are happy from 100% profit (in BTC )
but we are still holding and we are very bullish on BAT. This project will pump in this bullrun yet for sure.
🚀 This coin is on our golden...
we can see the Token has done its retracement and seems to be good to buy
we have measured the retracement by Fibonacci retracement and it has already touched the golden zone,
we can go long on it and keep the stop loss below the 0.4 USD
and target the above 0.9 USD
It has broken the downtrend since April 2019. It also retested the trend line. It's like a safe buying zone. Don't be a fomo? =)
This amateur study is definitely not investment advice.
Goodluck for everyone
P.S. Thanks to Oğuzhan for his opinion.
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...
BAT is very strong and we can expect its target is at least 2800-3000sts in June. But I think it will keep pumping and will break out to move fast to 4000sts
Current price is good to start accumulating
A formation of big bullish harmonic Gartley pattern:
At one side the Basic Attention Token with Bitcoin pair has formed a very big bullish Shark pattern on 2 month chart that I have already shared however for reminder I will again share that 2 month bullish Shark chart...
BAT is so bullish and so overbought. Made a huge progress in one and a half days. Now at 2640 resistance and the last one at 2700 is the strongest and should stop the growth. Certainly worth jumping in after pullback to ~2520 - 2460 is over. But now very risky. As I wrote, should pullback either from current resistance or from the next one.
Let's add one more alt to the bucket of charts that look good for a long position...
Round bottom, New 60-day high, breakout above key S/R level, Strong weekly/daily momentum, Average volatility, decent Risk:Reward.
This coin gave a whopping 180% profit in 2019 Q1.
Since then it is more than 82% down, and at this point, an upward movement is must now or else it will be in the position where ethereum classic is right now
*Not financial advice*
-Extremely clean multi-year pitchfork.
-Fib levels in gray.
-RSI squeezed at historic decision level.
-All periods on Quad CCI rolling up above -100.
-Very clear static support and resistance levels, not shown here (very visible).
The priceline of Basic Attention Token has formed a compete cypher pattern on two month chart.
Now the price action of this cryptocurrency has entered in potential reversal zone and hits at 0.00002019 sats strong support and ready to hit the sell targets insha Allah.
Volume profile is showing very low activity of traders here which is favoring the bullish move...