Basic Attention Token has begun forming a bearish flag pattern which indicates an upcoming drop. However, this is not to say that a reversal cannot occur, in that case, we would break through the resistance to continue an uptrend. You should use the support and resistance lines in order to hedge your bets on where the price is heading next and whether the bearish...
BAT is bottomed out against BTC. RSI shows bullish divergence on 4H-8H charts. Expecting break-out. TP1 potentially at 0.000027-0.000029 zone, TP2 0.000034-0.000036 levels. SL at 0.000016 level. These are my personal views of potential price action. Please trade carefully!
I have been following the USD comparative of BAT and now looking at the BTC comparative, I see a great buying opportunity for this crypto. It relatively cheap and it has been holding support very well. Especially when Bitcoin has been killing it, it can still hold this support level. This signify a great buying opportunity in my eyes. What are your thoughts?
As we can see from my last post the BAT chart has since peaked & declined at both my expected high/low points. I just wanted to update the chart as BAT is currently at a good buypoint & I'm expecting a good 25-30% in the coming week.
Some fundamental hurdles for this token but so far so good; TA shows a good profile to structure a trade around; 2000 nice round level that has shown considerable support. High volume buys at these levels indicating possible accumulation.
As we can see the Basic attention token is a rather volatile coin - fluctuating often over 20% through it's trading week. The BAT has been bleeding out for a while now & took a beating between the BCH/BTC civil war but despite this the 1970 resistance mark that held back the BAT recovery has now become it's support line. This last 20% rally we've seen in BAT...
There is an inverted head and shoulder, a break out of the neckline and the downtrend line can send this token higher. For trading purposes, the target for this trade is a small 23%. However, I am higher. What are your thoughts? Trade with care.
The presence of a divergence, as well as a few last candles show the apparent strength of the bulls, which allows me to judge that the downward trend is over. Nevertheless, here we must be ready for anything) Buy 0.00002500 target 0.00006100 stop-loss 0.00001800
Still cheap with lots of room to retrace, BAT next stop is .00005503 where the 2 recent high gann fan angles meet up (3-1 recent, 4-1 last). That they have a browser (BRAVE) as well with ex-Mozilla CEO Brendan Eich on board, is a fine augur of things to come in the blockchain and internet market, especially when discussing advertisements, the backbone of BAT and...
We seem to have hit a floor for BAT, unless the currency continues to drop below the support line. It has recently seen a large sell-off due to Bitcoin's parabolic movement, however, I suspect money will flood back into alt-currencies once Bitcoin has finished hard-forking. Orange - Resistance. Purple - Support. Trade the lines accordingly.
BAT has been dropping since the previous BTC rally. Right now is at a strong support/historical low levels, which is at bottom of BB Bands. MACD about to cross above signal, and latest low was above lower channel trend line. Things are looking up.
Early entry - red. Good entry - blue. Perfect entry - orange. Mid term targets are 5000, 5800 and 7000 sats.
Modified resistance based on previous min. price and traced trend. I'm still long and estimade to be short in 2-3 days.
BAT 4 HOUR TIMEFRAME. Los Angeles 11:54pm. Before I go into BAT I want to explain why I think this is an important investment for the long term strategy. Before I got into the crypto space I noticed there were a lot of speculative hype behind coins that drove the price beyond logical understanding. All it took for a coin to gain demand was two things. A pretty...
BAT 4 HOUR Chart Los Angeles 7:06PM BAT has shown some bullish divergence but it has missed two trend reversals. The price action broke the 100 and found support at 1.618. Lets hope that it won't fall further after 1.618 and that there will be buys coming in from the oversold RSI. I would like to see RSI at the 50 or 60 to feel confident about an uptrend.