BAT Token * Chart Pattern Identified *hey everyone! Thought I should do an update on this sense I hear its what all the cool kids are buying. BAT/USD looks good. from a chart pattern it looks like it has completed a ABCDE descending Triangle which is just dying it break out. The whole 2018 it has spent its life in the triangle and it will break out now... or in a few months. It can go down more and bounce again. NOTICE Yellow A C and E have multiple touches to the bottom trend line. NOTICE the MACD. When the MACD crosses it can go up or down... BUT, look at those RED boxes. they are lined up with the Green boxes on the chart. Every time we cross UP above the histogram we go up. When we break upwards from the PURPLE line on the histogram. What I am saying is this will continue upwards just like every time we have crossed above that middle line. We don't have to go up too much but look. Every time the red boxes break above the green boxes on the charts are also being hit. meaning this is the time to go up basically lol... sorry for being confusing. we MAY hit the top trend line and come back down. thats possible, but its also likely to shoot out from here. This will all be dependent on BTC. Will BTC correct and bounce up? or will we make a new low? this will be determining factor. Thanks for Reading! usually these are shorter and much more to the point.Longby CryptosufUpdated 9
BAT 4hr Trending and Tracking! BAT on the 4HR. Technicals: -5-Data points on the upper solid green resistance (confirmed). -Orange dotted trendline; 3-data points (confirmed) -Secondary Trendline – Dashed trendline changes price distribution from a bull flag to a bull pennant (3-data points (confirmed). The Pole for the pennant price patterns formed February 26, and the price has continued bullish since. -Volume is not extraordinary. -Fib Retracement tracking price $0.1026 to $0.38770 and is not significant at the .382 ($0.21059). -Significant resistance at fib price level .50 ($0.24421) and fib level .618 ($0.27784) Denoted by the 2-down red arrows. -Current price distribution shows Value Area High for this dataset. Conclusion BULLISH! The price action in BAT has been moving in a structured accumulation price pattern. Something changed on Feb 25, to move the price distribution into a bullish pennant. BAT’s price has doubled in less than 30-days. The largest price retracement has been under .02 (most recent timeframe) but recovered timely. Anytime the price tracks another higher trendline away from the primary trendline, probability suggests the secondary trendline will break and the price will fall through it, or trade through it; and determining when that happens is very difficult. BAT's price action is classic for what accumulation looks like and could be used in a textbook on what a real structured bull trend looks like. Treading Ideas: Long: If you’re no in BAT yet, I would seek to buy near the dashed trendline. 5% of your total BAT invest only, or same for what you're adding to your existing position. Short: None Biff’s Opinion: BAT is extremely bullish and is being accumulated. What is very interesting to me is that since entering the BULL pennant price distribution the candle sizes increased – notice the difference in the candle sizes from entering the bull flag to the bull pennant? What does it mean? It looks like the people who were “in the know” on whatever is going on with BAT got in early and met their price targets. It looks like the rest of us joined the party as seen in the BULL pennant. I had placed a support/resistance green horizontal line where I felt price BAT would meet with the greatest resistance. Since the horizontal green trendline has been breached we can just refer to is as another potential buying opportunity if your bullish and want to go long. I feel the price may retreat to $0.18431 (set Buy). There is a lot of energy to move this crypto higher but not a lot of volume. I have some trepidation where those who purchased at the beginning of the Bull Flag denoted by the rectangle may decide to unload their positions en masse! I am also concerned that the volatile candles in the bull pennant have such small volume! To me, that means the price could fall $.06 at any time, BUT BULL is BULL is BULL and BAT is on a terror like an unstoppable enemy force! Even if the price falls to the primary trendline and it held at $.016 or so, BAT would still be considered BULLISH long-term. BAT is a buy on Biff’s list, on trendline pullbacks. One last thing; note the size of the HVN at the .50 Fib price level ($0.24421). Is this where BAT is going? That would place BAT in another price distribution. Don't forget to leave a like and follow Biff for more EXCELLENT charting! Best, Biff P.S. (I will have more exciting videos to come!) I had to do prom shopping for my daughter and handle some consulting, so my time is getting short. Please advise me of any mistakes in my analysis and feel free to respectfully disagree with me! Housekeeping: I use green trendlines for overhead resistance price levels. I use orange trendlines for support price levels and to show price distribution patterns. I use an orange dotted trendline to indicate the Primary Trendline and a dashed orange trendline to denote the secondary trendline. My charts have a volume bias. Indicators: Fibonacci retracement Volume Profile Volume The data calculated Is contained in the chart area. If you expose the chart to more, or less data, the Point-Of-Control may move to reflect the addition or subtraction of new data. Nomenclature : POC – Point-Of-Control is the price level for the time period with the highest traded volume . VP – Volume Profile displays trading activity over a specified time period at specified price levels. HVN – High-Volume Node are peaks in volume at or around a price level. Bby biffbiffordUpdated 3
Wedgie time around the cornerDescribe what I'm thinking and why... hmm okay. well I am currently going Long, in at $0.18 target $0.24 trade... by looking at the long term downtrend we are looking at possibly as high as $0.26 spike and another good drop over a few weeks down to $0.10... BUT...will this theory hold? I'm going to sell at $0.22-$0.24 either way for a 20-30% gain... ... if we see a spike above $0.30 in this current run, and if that price doesn't look like the previous runs, with a 3-5 cent 1 day candle wick.... then maybe we're breaking the tread, this falling wedge will trigger the reversal. But I'm thinking we can get a tighter squeeze back down to 10 cents before a final reversal. It's crypto, no one knows. I don't know. I'm just keeping an open diary of my rants. Best of luck! by BP_BTC111
BAT-TLING Against 0.382 Fibonacci ResistanceBrave Ads rewards are now live. 0.382 fib level creating some short-term resistance. 0.5 fib level overlaps with key downtrending resistance - this will be a serious test for BAT bulls. Read full TA at Cryptovest.com - Cheers! by RSI-Guy2
BAT - ResistanceBAT is currently at resistance here at .21. Short term traders may take profit here and wait for a break of the trend line or a pullback to a fib level to re-enter. If the trend line is broken to the upside then price should move to the next previous lower high at .34 Longby ralis241
BAT/USD - Weekly - Falling Wedge - Potential +200%WEEKLY: BAT/USD looks like it may have broken out of a falling wedge. I'm looking for the price to test the kijun, then pullback into my by zone before going higher. Longby BishUK115
buy em $BATLook at my other charts... Look at my twitter.com/tpavlik I am a trading godBLongby tpavlik0
soon very longupdated thread in comments cause elliot wave - duh (still in bear market = trading against the trend = stop loss)Longby ChaseWallace114
BAT/USD Bears looking continue push downLooking at the BAT/USD chart on the weekly candles we can see that after a recent bullish spike up to the $0.20 region we have been relieving some pressure by added sell orders. I expect to see this bearish price action to continue down towards the $0.14 support zone as marked before climbing higher to meet our next target around $0.22-$0.24. by Crypted_2
BAT Making big moves on the DAILYBAT, breaking out on the daily. Looking at BAT on the daily it has moved parabolically off the primary Orange Dotted Trendline. I am looking for more primary trendline support and, giving STRONG consideration to adding BAT to my portfolio. There is significant resistance at the green horizontal trendline $0.19869 as well as the upper green channel trendline. The price has nearly doubled since hitting BAT's most recent low, NOT BAD, and something to keep on your watch list! Trade recommendation: Too bad it’s difficult to consider entering at these levels because we don’t chase trades. We have to wait until the profit taking occurs and determine if we are going to get some distribution to the next lower high-value node. I think dollar cost averaging with an entry price consideration of .15xxx or lower. This is a really big move for BAT, and unless the longs are going to DIG in, the previous volume indicates prices are slated to go lower after we strike resistance. Don’t forget to hit that thumbs up and follow Biff on Twitter for more crypto news and fun in the crypto sun. Keep a watch on BAT! Best, Biff Bby biffbiffordUpdated 6
BAT Further upside?What a strong day for BAT yesterday, at one point up close to 20% before pulling back and closing up 9%. As shown, BAT did come just shy of the $0.20 level, and the 0.27 fib extension. So far today we did continue to pullback but are finding support at $0.17 and getting bought up into the close. I believe further upside is possible over the next few days, if BAT can break the $0.20 level I will be targeting the 0.618 fib extension which aligns with the $0.22 zone. Longby YMI0
BATUSD Buy Signal - 50% profit opportunityPattern: Channel Down on 1D. Signal: Bullish towards a Lower High. Target: 0.2800 - 0.30000.BLongby TradingShot7
Basic Attention Token (BAT) LONG term price targetBasic Attention Token (BAT) LONG term price target.Longby AinisSpainis6
BRRRRRRAAAAAP buy BATToken economic dynamics change on Feb 19th with official release of BAT ads. Wait for price to break above 18 cents if you're not already in then hold for a year or two. Target 0.0008 BTC dollar equivalent. Manual stop upon breakdown under 18 cents. Longby big_blocker116
#BAT $BAT/USD Basic Attention Token - #BRAVE - weekly#BAT $BAT/USD Basic Attention Token - #BRAVE - weekly Range .101 - .171 resistance test at top of range .171 btc macro trend uncertain VOL ATR - LONG target .275 support at .101 Long term LONG target .275 If my ideas are helping, please consider using my Binance referral link to trade $BAT message me on twitter @btcbiff for assistance thank you, and trade responsibly - this is my idea not financial advice Binance ref link: www.binance.com BLongby btcbiff0
BAT ETH longBat has been ranging in wedge. Likely to go up towards upper range over next month or two. Stop loss and trade set up shown with 'long position' on graph also likely to increase vs BTC Longby mrnav2