BATUSD trade ideas
BAT - New LevelsNew support, resistance and pivot levels for BAT. Watch .24 carefully in the short term..
BAT Falling WedgeBAT is forming a falling wedge. These patterns have a bulllish bias and gan gain you some great profit.
Buy on breakout + watch for volume increase
#0003. BATUSD. Long. Again will buy.Market capitalization: 151 M
Capitalization rank: 47
coinmarketcap.com
'BAT' - Basic Attention Token. We consider it will buy at the price of $0.15. We have already opened a long position on the price of $0.15.
BAT Patience tradeBAT was a trade we mapped 1 month ago. The chart shows that with some patience in some trades you can let the wave 3 and 5 play out.
Patience is the key to every trade in Crypto
Possible floor on BAT/USDPossible floor en BAT/USD. Three reasons:
1. Possible triple bottom.
2. Close to channel support.
3. Possible bullish fundamentals on crypto space.
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.19198278 based on ' Hammer ' entry method at 08.14.2018.
Take Profits:
TP1= @ 0.242
TP2= @ 0.278
TP3= @ 0.308
TP4= @ 0.362
TP5= @ 0.407
TP6= @ 0.492
TP7= @ 0.703
TP8= @ 1.043
TP9= Free
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.19198278 based on ' Hammer ' entry method at 08.14.2018.
Take Profits:
TP1= @ 0.242
TP2= @ 0.278
TP3= @ 0.308
TP4= @ 0.362
TP5= @ 0.407
TP6= @ 0.492
TP7= @ 0.703
TP8= @ 1.043
TP9= Free
BATUSD COMMENTSThis looks more of a stable market, there was a bearish movement during the 20th to the 21st but the price bars quickly measured up to the EMAs in a matter of 2days. The Stop Loss is placed closer to the EMA (200) movement. This market's next movement cannot easily be predicted as there is no particular pattern shown by the trend. The Target Price is placed at the last higest price reached at 1.91:1 Risk/Reward ratio gto be at a safer Trading position.
BATUSD Commentary-6 Week ascending triangle
-Break above 50SMA with volume and breakout of pattern within same day
-Pattern retest with upside continuation
-Measured move up to 0.44
Crypto markets have peaked my interest of late and am exploring the applicability of my classical charting approach to crypto markets.
I am in the process of setting up Binfinex account and will add crypto to my weekly scans hereafter.
There is a trading opportunity to buy in BATUSDTechnical analysis:
. Basic Attention Token/Dollar is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.33
TP2= @ 0.39
TP3= @ 0.49
TP4= @ 0.69
TP5= @ 1.04
TP6= Free
There is a trading opportunity to buy in BATUSDTechnical analysis:
. Basic Attention Token/Dollar is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.33
TP2= @ 0.39
TP3= @ 0.49
TP4= @ 0.69
TP5= @ 1.04
TP6= Free
Wow, did Coinbase mean to tweet this... ??? !!!Just got on my phone a tweet.
They deleted the tweet, but it said the following:
Coinbase started a thread:
Today we are announcing that we're exploring the addition of the following assets to Coinbase:
Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX). blos.coinbase.com...
Wow!!! If this is for real... $$$
BAT: Profit potentialBAT has formed a very bullish pattern: Falling Wedge .
The previous falling wedge resulted in 188% profit.
Usually these patterns breakout on the 5th touch (purple rectangles).
BATUSD Awaiting Confirmation of SupportBITFINEX:BATUSD
After a long dive, it is now slowly reversing, confirmation of support will be evident over the weekend. Stay tuned.
I own my own cryptocurrency tamadcoin.io
Moon shot getting ready for BAT!After the bears left BAT in pieces, bulls are getting ready on the demand zone to shoot for the moon.
A crypto with strong fundamentals, real use case and a giant userbase. BAT is heading to the demand zone where it always rebounds back. RSI shows great room to grow along with the Stoch. A descending triangle looks ripe for a breakout. Good buy zone is from 10 to 20 cents.
