BAT/USDT -new resistance top at 0.2561 area -consolidating above Cross Ultimate Moving averages -this is still a bullish sign as the price holding support -cross ultimate indicator signal priority is still Long -enter a trade on breakout & candle closed above the 0.2168 -stoploss is placed under 0.1978
BAT/USDT -cross ultimate indicator priority is Long @ 7th April -strong sell area is reached last 9th May -market drop as BTC dump the price to 8k regions -if the price can hold the current levels -we could see a potential upside bounce -our key stoploss is below the green box support
Head & Shoulder pattern: On daily chart the Basic attention token formed a Head and Shoulder pattern. This move was started on 18th December 2019 and now we can see that after the completion of this pattern the priceline has broken down the neckline and even dropped more down. A death cross can lead the priceline down: On the same daily chart 50 simple...
BAT/BTC BAT just barely closing below important support at 2200 sats level and currently holding it for 7 days already. BAT is approaching immediate trend-line resistance which is located between 2300-2400 sats. If the bulls can break this key trend-line, we may conclude that new support is built and we can expect a short-term rally up to 2700-3000. If you are a...
Hey guys. Quick post to let you know that I'm watching these moves closely. Neutral stance right now with longer term (months out) bull bias. Any dip below our supports in the chart above signifies and longer correction which could last weeks before we continue up. If we dip below our supports ( the red trendline and purple horizontal on the RSI), we'll end up...
A Recap: In my previous post we have see that the Basic Attention Token had found the resistance at: $0.1959 and support at : $0.1487 and this support was not broken since 29 Aug 2019 when the price action took drop more than 29% upto $0.1326 but failed to breakdown this support. And after finding this firm support the price action was moving sideways above...
Ok guys. You can see I called the .30 cents hit spot on. If you have been hanging with me on this one since the .20 cents mark, you should have nailed %50 gains. That's remarkable! Time to take those profits. Do not get greedy on this one. BTC (which the market follows) could still drop to 6k one more time before we're finally 100% bullish
The pullback on Basic Attention Token has a couple of indicators pointing to a range between (Fib .618).1918 to (Fib .5).2067 as a decent entry point to ride the third wave up to .35 - .38 highlighted in grey (Fib 1.618 bottom to top). RSI hits 74 overbought territories as it now moves downward. Moving averages are kissing the trendline. I”m not registered or...
This trade is now active friends. All signs say "GO"! Refer to my previous post below for more information on how I've come to this conclusion.
Our supports are holding tight traders. This is excellent. We still need to poke through that overhead as I mentioned in my last post (below). Other than this, all signs are looking good.
When you look at the price action in $BAT has started a rally in Dec 2017 and followed by the "accumulation period" from April 2018 to January 2019. Accumulation was followed by an expansion to clear equal highs followed by a reversal in April 2019. We had some distribution period well known as a downtrend. Question is here: Is BAT bottom in? Retested weekly...
breaking out of ascending triangle not a financial advice
Priceline of Basic Attention Token / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy betwee: 0.1593 to 0.1291 Sell between: 0.1861 to 0.2458 Regards, Atif...
On day chart the price action of Basic Attention Token (BAT) has found $0.1959 and resistance at $0.1487 this support of 0.1487 dollar was found 29 Aug 2019 when the price action took drop more than 29% upto $0.1326 but since then the priceline could not break down this support. Sofar this support has been found very firm therefore we can expect a breakout form...
BAT/BTC BAT is on a deep downfall for 25 days already without any minor upward price reaction. It is holding the 100 Day MA as support currently and within the area of 0.618 Fib. RSI is reaching an overbought condition. I expect a minor pump is due for a lower high to be set during this short term down-trend.
Looking for a retest of the 0 fib line, very strong regression downtrend (0.92), double top has formed. Will this lead to a new oscillation trend as previously seen in bull runs of BAT? Feedback and areas to improve appreciated.