BAT Basic Attention Token bullish on lower timeframes, bullish on higher ones.
Reversal potential in cards.
What indicators are saying:
Buy on 2 hour chart
Buy on 7h chart
Sell on 3 day chart
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We have two strong pattern in play with now, as we can see there is bigger ascending broadening wedge where price have been contained and there in we have a potential Adam and Eve formation which will likely take the price towards the top side of broadening wedge.
Focus more on the given entry level and always apply stop loss.
Kindly go through the chart and do...
Today we are looking at the daily chart for Basic Attention Token (BAT) on Binance, a coin which seems to be testing some key levels that have acted as strong supports in the past. We can see that this coin has retraced massively since its last bullish wave, which peaked at around 3700 satoshis. The MACD is also very low and the RSI is entering...
Here is my BATBTC chart where I have observed a pontential for growth of Basic Attention Token.
The MACD is low and on the 4h chart we see the cross which may mean a trend reversal. The 1DAY Rsi is very low which gives it also room for growth. On top of that I see a falling wedge which usually breakes to the upside.
Backing up these conceptcs and...
BAT is on its ancient support line and ready to see some altitude again.
On both daily and hourly timeframes double bottom patterns are expected to be formed.
Trade it spot or margin as you see fit. Set SL on daily close below the red line.
I'd appreciate each and every one of your likes and it'd make me so happy. So don't hesitate to smash the...
I opened a position here on Bat. Let me tell you why.
It's been trading in a structure, and seems to be establishing support at the val, which means we could be on the way to test resistance. Let's see if price can reach the top of the structure.
I'm taking 4 profits on this 40%-30%-20%-10%, and risking 1% on this.
BATBTC is testing weekly support, The price is in the important weekly range.
If the price will break 4h resistance and gains bullish momentum, we can see a new bullish impulse
According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
BATBTC historically loves this big horizontal channel and usually respects it on both sides bouncing up and down for a long period,
NOW ITS ON THE BOUNCE, And it could easily travel 40% moving forward.
1st Target : 0.00003132
Only A NOVICE trader follow my analysis at your own risk - I publish for feedback, I love chatting to people about what im seeing for...
#BATBTC Technical Analysis Update:
Reasons for BULLISH MOVE:
1. BAT is currently at a monthly level(Support) around 2125 sats.
2. BAT is also near the DEMAND ZONE. If we look back on 30 SEP 2019 (BAT was in DEMAND ZONE, After which it did 75 % percent UP MOVE), right now after 1 year, again we are in the same DEMAND ZONE.
3. BAT back in 04 MAY Week was also in...