BAT price action above EMA 21,50,100,200 strong uptrend. Above green support trend line.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
Volume confirm bullish price action.
S/R potential support 2175, resistance 3150 (1.618 fib level)
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for...
-Lots of action in a relatively tight range for several weeks now, roughly the $0.20 - $0.16 region.
-Alt run in action
-Band hits for default KC 1.25 have been a good indicator for reversal (either way).
-Volume lulls frequently lead to high volatility periods, and has shown on this chart.
-21w ROC has a well-validated buying level at roughly -65%.
Basic 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....
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...
BATUSD has all indicators volume, bb, kc, fibo, + FCP forex (mechanical; check link below) --
SHORT @ $0.20363 -- FIBO/PIVOT
STOP @ $0.15873
NOT financial advise. Enjoy your weekend!
P.S. Sorry for lack of publications lately; will update more...
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.
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...
*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...
BAT is located at the bottom of the horizontal channel. Likely movement.
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...
$BAT Trying to wake up from a long nap with a UCTS Buy signal on the 2D chart (volume still needed..)
Crossing above ~2300 sats level, if its able to hold/flip it, then aiming for a new leg up to ~3k sats matching EMA200 (red)...
this can be easily sorted to Beyond Technical analysis category.
There is no philosophical background behind this idea, I just played with fibs time zones a little and all past tops pretty fits.
This may be just huge coincidence, but let indicators talk:
MACD: golden cross - bullish
MACD: histogram buy signal
STOCH : buy signal
After 138 days decline from april highs to septembers low BAT is ready to make some great move.
Ahead of us is the first serious resistance, the level of 0.786 fib 3235-3315 sat. Which is a horizontal stop for buyers, and when approaching it, you should partially fix your positions.