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.
After the drop since Nov 2019 the bear leg is completed coz this is the point where the Cypher pattern is completed and now we are in the potential reversal zone of this pattern. On 27 of Nov we had a very long bear spike which has hit the bottom of potential reversal zone but the power of Cypher did not let the priceline to breakdown this support. At this point...
Despite the Basic Attention Token has very strong fundamentals and real use cases on different platforms we will only see the pure technical analysis in this post. 1st breakout and setup of initial leg: The price action was moving within a pennant since Mar 2018 and its last hit the support of pennant was On Feb 2019, this was the initial setup of X to A leg of...
History doesn't always repeat itself, but it usually rhymes. Last time we had a run up after a downtrend, BAT formed a bull flag. Then, it had a massive 150% pump. We just had a run up after a downtrend, and now the bull flag is almost done forming. If it plays out similarly, we should be expecting a huge pump if we break out of the bull flag to the upside.
My first TA ever. Noticed the similarities between what is happening right now and a large historic pump. We had a solid run up leading into what looks like a bull flag. Extremely similar to the previous run up that led to a bull flag, which in turn led to a massive 150% pump.
BATUSD has all indicators volume, bb, kc, fibo, + FCP forex (mechanical; check link below) -- forexwot.com SHORT @ $0.20363 -- FIBO/PIVOT STOP @ $0.15873 DISCLAIMER NOT financial advise. Enjoy your weekend! -@a1mtarabichi P.S. Sorry for lack of publications lately; will update more frequently (a lot more) post mid quarter / mid-late OCT.
BAT-USDC has been in a downtrend since late April 2019 and has finally broken the downtrend with confirmation. Buying at these price levels ($0.18 to $0.20) provides a great risk/reward ratio. This trade is more of a multi week/month swing trade. Stop loss should be placed at the recent low, which is around $0.165.
Were coming to a point on the daily where i think we have a very good chance of breaking out through the current trend line. Rsi is also trending up. I think we move up and into the red resistance zone and test the .382 fib. Will keep updated, good luck all :)
With BAT currently on a 4 month downtrend since its spring highs, it appears to be forming a falling wedge formation. With a legit use case, a growing user base, this token isn't going to zero. In fact there seems to be tremendous pressure in trying to suppress the price to fill up on bags.
Priceline of Basic Attention Token / US DOLLAR has formed a bullish shark and entered in potential reversal zone. RSI is oversold and turning bullish. Stochastic RSI has given bull cross. As per Fibonacci sequence the targets are as below: Buy between: 0.20762 to 0.1915 Sell between: 0.22310 to 0.25651 Regards, Atif Akbar (moon333)
This is just for educational purposes. Its pretty fun to watch the price ride the lines.
BAT / BTC unlike many/most altcoin charts, appears to be building some slow but steady bullish divergence. Room to come down in very near term but conservative target of 150% gain vs BTC by Christmas.
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BAT shows promising potential as it has now pierced the the tip of the triangle. From here, a rally up to around 0.45 is expected. Once this target it hit, it is likely that a strong pullback towards around 0.37 will occur. Beyond this, BAT will explode higher up beyond 0.6. Summary: Start - 0.32 (buy) Target 1 - 0.45 (sell) Target 2 - 0.37 (buy) Target 3 - 0.6+
Approaching apex on this symmetrical triangle! Im expecting a breakout upwards due to BTC bullish momentum. Also price is taking support at 100 MA, breakout in the upward direction with volume and RSI above 50 could send us to the .50 levels!
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...
With 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...