BAT eye on $2.07 (Prediction #38)BAT eye on $2.07 (Prediction #38)
Trade Date 23 Jan 2018
Expected Date (will be announced)
Target : Pending
Result Date (will be announced)
BATPERP trade ideas
BAT, LongBull flag target matches the $.82. Don't expect this to happen without the rest of the markets rallying, as well, but the BAT is set up in a way that would allow the potentially higher upside, it appears.
BAT: Lets GoIf you have been following me. You would know I am bullish on Basic Attention Token. We might get that big move we've been waiting for soon. I know I keep saying that, but this time I mean it. What are your thoughts?
Trade with care.
Basic Attention Token Revealing The TrendBasic Attention Token finally breaking above the descending channel as well as the downtrend trendline after rejecting the $0.123 support several times. BAT/USD shows higher highs and higher lows pattern, which is also suggesting the beginning of an uptrend.
Although the trend has been established it is not necessary that BAT will start moving higher straight away, prior consolidation is also possible. The upside targets are seen at 127.2% Fibonacci retracement applied to the corrective wave from 17th of August. The second target is the key resistance at 161.8%, that is $0.41, very close to $0.4 psychological level.
If BAT manages to break above $0.4, an uptrend is likely to continue and perhaps accelerate. On a downside note, the strong support remains at $0.123, where break and daily close blow should result in BAT/USD going even lower.
Go Long BatWe are picking up more BAT with a stop loss at the last low once it starts to climb. Tight stop long profit target...
#BAT Daily and possible price progressionLooks like it's about to start to make a move to test out upwards resistance. I recommend keeping an eye on that market.
BAT long: exponential growth ahead.This coin made by the creator of mozilla firefox is looking bullish.
You can check the EW count, the channeling and the next major resistance.
Good luck.
BAT Follow up - Sticking to the trend line.As we can see from my last post the BAT chart has since peaked & declined at both my expected high/low points.
I just wanted to update the chart as BAT is currently at a good buypoint & I'm expecting a good 25-30% in the coming week.
BAT: Another Buy OpportunityThere are so many opportunities going on in the market at the moment. BAT have recently broken out of the a diverging downtrend channel. We are currently hovering above new support area, this can potentially be a big winner in the coming weeks. What are your thoughts?
Basic Attention Token Signal - Reversal patternsAs we can see the Basic attention token is a rather volatile coin - fluctuating often over 20% through it's trading week.
The BAT has been bleeding out for a while now & took a beating between the BCH/BTC civil war but despite this the 1970 resistance mark that held back the BAT recovery has now become it's support line.
This last 20% rally we've seen in BAT today bought to my attention that this is definitely not the first time this has happened - and these 20% spikes actually appear to be following the downward curved trend line that I've drawn - which looks like a strong ascending scallop is forming.
Basic Attention Token: Buy OpporutnityThere is an inverted head and shoulder, a break out of the neckline and the downtrend line can send this token higher. For trading purposes, the target for this trade is a small 23%. However, I am higher. What are your thoughts?
Trade with care.
Basic Attention Token - Are we bottoming out?We seem to have hit a floor for BAT, unless the currency continues to drop below the support line. It has recently seen a large sell-off due to Bitcoin's parabolic movement, however, I suspect money will flood back into alt-currencies once Bitcoin has finished hard-forking.
Orange - Resistance.
Purple - Support.
Trade the lines accordingly.
BAT 4 HOUR TIMEFRAME BUY WHILE ITS CHEAPBAT 4 HOUR TIMEFRAME. Los Angeles 11:54pm.
Before I go into BAT I want to explain why I think this is an important investment for the long term strategy. Before I got into the crypto space I noticed there were a lot of speculative hype behind coins that drove the price beyond logical understanding. All it took for a coin to gain demand was two things. A pretty name with a logo and a well written White Paper. Not too long ago, Coins didn't have any fundamental analysis because there were no working products/prototype. Eventually over time that had to change and we can see that now. When I first started, I used to say there needs to be a good white paper, a good team, and a working product for people to get my money. In that order, if a coin cannot provide a working prototype/product I won't even bother investing in the company. That being said I'll never invest in an ICO unless I'm looking for a quick pump and dump. I can always make money elsewhere.
With that being said, BAT has been working on a unique project that is live to the public and is competing against Chrome and Mozilla. Brave browser is faster than Chrome and has an integrated blocker that protects your browsing privacy and ads. They have a open source portfolio called github.com/brave that everyone should see for themselves. They are extremely active and they are updating their Github on the weekends. The founder of Brave is also an ex-CEO from Mozilla brave.com The browsing history is encrypted and kept safe from advertisers.
Take a look at their brave.com because it will answer many questions.
Here is their infographic on how the browser communicates with your browsing data and ad shares.
brave.com
Short Checklist:
Buy while its cheap.
Buy for long term strategy.
Buy because they have a working product.
Buy after you check out their web browser.
Green line shows bullish divergence.
Nice Low to Scoop up some BAT?With the RSI around 30, and the sale volume behind it, I believe so...
$BAT downtrend continuationBAT reached a major resistance level (check 30min-1h chart). If the price gets rejected there's a good trading opportunity to go short and take profits at indicated fibonacci levels.
BAT TO INCREASE?!Basic attention token Support and resistance, follow the lines and trade accordingly. Apparently, the project also has updates coming up, which may lead to a further increase.
