Batusd
Basic Attention Token Price Analysis BAT / USD: The Razor’s EdgeBasic Attention Token / USD Short-term price analysis
Basic Attention Token has a bearish short-term trading bias, with the BAT / USD pair trading under its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a bearish breakout is currently underway from a neutral triangle pattern. The breakout has yet to reach its overall downside target.
Technical indicators on the four-hour time frame are bullish and continue to generate a buy signal.
Pattern Watch
Traders should note that the 0.10000 level is overall full downside objective of the bearish triangle breakout.
Relative Strength Index
The RSI indicator on the four-hour time frame is also bullish and continues to issue a buy signal.
MACD Indicator
The MACD indicator has turned bullish on the four-hour time frame, with both the MACD signal line and histogram generating a buy signal.
Basic Attention Token / USD Medium-term price analysis
Basic Attention Token has a neutral medium-term bias, with the BAT / USD pair now testing back towards its 200-day moving average.
The daily time frame is showing that a bearish head and shoulders has been triggered, with the BAT / USD pair now testing back towards key neckline resistance.
Technical indicators on the daily time frame are turning lower and continue to issue sell signals. Bearish MACD price divergence is also present on the daily time frame.
BAT / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the overall downside target of the bearish head and shoulders pattern would erode the presence of negative MACD price divergence on the daily time frame.
Relative Strength Index
The RSI indicator is bearish on the daily time frame, although it is currently correcting from oversold conditions.
MACD Indicator
The MACD indicator on the daily time frame is bearish and continues to show the presence of negative MACD price divergence.
Conclusion
Basic Attention Token is testing back towards the neckline of the bearish head and shoulders pattern on the daily time frame, as technical traders test the validity of the recent breakout.
Failure around current trading levels is likely to see sellers target the full downside projection of the head and shoulders pattern, which would also erode the presence of any negative MACD divergence on the daily time frame.
Opinion #BAT / USDT- price compression within a symmetrical triangle
- slight bullish divergence on D1-Ch4
- attempts to exit the triangle on increased volumes
- good risk / reward ratio
- in the case of breaking through support, most likely will form a downward channel, which we will already analyze on the situation
Who is in position, stop to put under the support of $ 0.3. Profits $ 0.375-0.42-0.49-0.54.
Who is out of position, enter after penetration / retest of the upper (black) resistance. Stop and profits are shown above.
We carry out our own analysis! The figure is formed for quite a long time, do not forget that there is a chance for the price to go down, be very careful
BATUSD Ascending trendline to next parabolic move upBAT USD value holding steady at low 30c range without a bearish close even in the face of BTC ripping upwards. I think BTC shorts are getting exhausted and BTC will correct quite soon, lending to a nice jump vs BTC, fueling an alt rally. However, I expect the general trend of BTC to continue, holding a relatively high USD value and allowing alt values vs USD to jump quite nicely.
BAT is an alt and bows down to BTC but can sometimes be an outlier, and I think this will continue. BAT likes to follow patterns and I had set up these lines several weeks ago. It has finally come reached the decision point on my next trendline and I would expect the move soon. Top of trendline is the 50c resistance level. At that point all depends on king BTC but potential is there for the move up to the magical $1 mark if other market conditions are right.
Is it the beginning of the end or the end of the beginning? #8Trading crypto has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest or trade the financial markets.
PLEASE UNDERSTAND WELL THE SENTENCE BELOW!
Definitely not for everyone and there is tons of ways of playing this Crypto game but anything worth while takes some hard work! You have to ask yourself why you are here! My ultimate goal is making money in crypto. If I am not making enough money for the time I put in it, I am out!
About 90–95% of the traders / investors lose money on Crypto Market, especially beginners. This is a well-known and publicized statistic. And it’s true!
The reasons are manifold: greed, lack of Crypto education, no consistent Crypto strategy, follow wrong people without Do Your Own Research. Usually no more complicated than going to Las Vegas all excited with some cash in your pocket and little common sense or skill in your head! The casino wins. You lose. So why, when the odds seem against you, does Crypto still attract so many new investor every day?
Because most people trust in their good fortune and are willing to take the chance for fast profits. But the smart, experienced Crypto investor does not compare himself with a gambler nor a Las Vegas casino person. For the smart investor it’s an art, skill, and patience strategy!
The second ultimate goal is to help the crypto community , I want to share everything I’ve learned because knowledge is only power if passed on.
Let’s start it! All your trades should end in one of four ways: a small win, a big win, a small loss, or break even, but never a big loss. If you can get rid of big losses you have a great chance of eventually trading success.Too many people do not know how to apply money management techniques. They have no discipline, no plan. Many also overstay when the market goes against them , and wont limit their loses!
The key to trading success is emotional discipline. Making money has nothing to do with intelligence or luck. Never gamble if you do not know what you are doing!
7 GOLDEN CRYPTO TRADING RULES
1) Never over-trade
2) Don’t close trades without a good reason.
3) Your stake size should not be more than 2% of your capital on any single trade
4) Do not FOMO, but consider the effects of FUD
5) FOLLOW #cryptoengineering on Twitter - ( I am sharing great things there )
6) Don’t try to guess tops or bottoms. Let the market show you that it has genuinely made a top or bottom.
7) Never buy or sell just because the price is low or high
8) Risk Only What You Can Afford to Lose
Be in a profit at the end of the day! Dont forget The S&P averages 9% per year. In Crypto, So many people want to do 100% overnight and 500% in a week. If you only focus 5% CONSISTENT WEEKLY PROFIT, You will amaze with a result.
Guest Trader Series -1
Ed Seykota
“In order of importance to me are:
(1) the long-term trend,
(2) the current chart pattern, and
(3) picking a good spot to buy or sell. Those are the three primary components of my trading.”
Seykota converted a meager $5,000 investment into an unbelievable $15,000,000 in his client account. In the early 70s, he designed and standardized a commercial programmed trading system. He was the first one to emphasize the price action patterns and chart patterns in the trade market. Seykota’s success came from an intense focus on patterns.
TARGET? The charts speaks itself! I’m happy to answer any questions you’ve got! Just put them in the comments below here or under my twitter post.
DISCLAIMER : Do your own resource and make your own decisions about where to put your hard earned money. I am not a financial adviser and this is not financial advice and if I really need to tell you this then it’s best to keep your money under a mattress anyway because when you lose it you’ll only blame other people for your mistakes rather than yourself.
Basic Attention Token BAT Looks At The Moon To Move UpHi everyone,
As i told you before, I am computer engineer that developed smart trading bot with artifical intelligence called "Mikabot"
From my profession, I respect technology phenomena that have done great things in the past.
I trust people who have done great things in the past. Especially if one of them is one of the Mozilla founders who develops the Javascript programming language and produces an original project in the field of blockchain, I follow that project closely.
Brendan Eich is the person who changed our web world. Javascript is the language of the web. I love you, Grand Master.
BAT is short for Basic Attention Token; it is a digital advertising token which is built on the Ethereum blockchain. The purpose of the BAT token is to create an ad exchange marketplace which will connect the advertisers, publishers, and users in a decentralized manner. The purpose of BAT is to monetize user attention and remove all the other needless expenditure related to ad networks.
The BAT token takes care of the following:
*Serves as a unit of exchange by cutting out the middlemen
*Rewards users, publishers, and advertisers.
*Users get paid for giving attention to ads.
*Publishers get a portion of the ad revenue as is the norm.
*Advertisers get better ROI for their content.
In google trend, Basic attention token is very up trend
Bat price in the bullish pennant.
The prices bounced from fibo level 0.786
If the price breaks up the resistance with volume, then the target will be 0.70 usdt
Long BATUSDT - To 0.50 and beyond!I have been holding BAT since last year. I only took small profits the last time Basic Attention Token moved up to and was rejected from 0.50 in Mid April of 2019. Yesterday I added to my position at 0.33. The majority of my holdings were purchased via Dollar Cost Averaging below 0.20. I may add more in the next day if circumstances merit the action. I am looking to take profit at 0.43 and 0.50 while keeping 1/3 of my position for a move above 0.50 if such a move is possible.
BAT/USDC: BAT & Twitter partnership, Watch for breakout Fundamentals: The Brave team just released the ability to tip BAT to verified Twitter users. This alone may change the entire Twitter business model and bring attention to BAT.
Price Action: Watch for a breakout above $0.40. We saw an attempt this weekend for a breakout that was quickly sold down just shy of the resistance. Action above the resistance line will be quickly bought up with low volumes on most exchanges. BAT is expected to break into the previous peak of $0.50 and within a day of two blast past it into the 0.70s and 0.80s like the price action we saw a few months ago. Still on pace for $1.00 in a few months.
Good luck
BAT/USDC: Consolidation before big moveWith Bitcoin, Ethereum, and Litecoin all rallying the last few hours, BAT has been maintaining a strong consolidation trend. It looks like the first week of June will be the moment of truth for BAT/USDC. Since bulls have taken over the market we've seen a return of a raging bull market. A realistic outcome would be for BAT/USDC to have a violent move up somewhere around June 5, similar to what we saw a few weeks ago. A conservative target would be $0.60 by middle of July, possibly touching $0.75 for a moment before backtracking. My previous prediction of consolidation in this range is turning out to be accurate, and my target of $1.00 by end of summer is still on track. If the market does go bananas like 2017, we could even see more upside but I want to remain realistic.
BAT/BTC ratio remains suppressed more than I would have thought. However, that's not entirely surprising now that bitcoin has taken the lead role in this bull market.
Keep an eye on breakouts this weekend. It feels like social media is buzzing right now and all of the trading groups are expecting big moves this weekend, most likely to the upside. If BAT breaks out of its triangle before June 5 all bets are off and we could see $1.00 even earlier.
BAT/BTC: Update on previous chartJust wanted to add the 4 hour chart for more color on the situation with BAT/BTC. Decision time will be soon, whether BAT/BTC goes up or down. As I mentioned in my previous post, I believe we will be heading higher. Weekend Volatility is back on the menu, watch the ratio in the next few hours to confirm. Good luck!
BAT/BTC: Ready, Aim.... Yesterday's volatility brought some reality into the markets. (We can't just go straight up forever?). Even with a 20% retracement we are in a healthy bull market and now is the time to start poking around the alt ratios and finding some deals. Well, take a look at the chart above for the BAT/BTC ratio. Everything indicator is telling me that BAT is about to run 2x versus BTC. The last few times BAT was this low against BTC we went about 2x and I don't see why today would be different.






















