Basicattentiontokenusd — Trading Ideas on TradingView

BAT/USDT Analysis: Ready for a Breakout?👀👉 Currently, BAT/USDT is trading within a range on the 30-minute chart. We're at a pivotal moment where a breakout could occur in either direction—bullish or bearish. While the higher timeframes indicate a bullish trend, predicting cryptocurrency movements can be quite challenging. We must remain cautious, as sideways price action often leads to unexpected rallies or declines. A strategic approach is to wait for a decisive break above or below the current range. This will help us identify the direction to engage in the market effectively. Remember, this video is intended for educational purposes only and should not be considered financial advice.

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BAT/USDT - Potential 64% Setup Hello Traders! BAT is exiting a downtrend. The price has tested MA50 on the 12H timeframe, the RSI indicator is in the bullish zone. Buyers' base of support is in the range of $0.80 - $0.89. It is possible to look for buying in the range of $0.85 - $0.89 with a stop under the price level of $0.70. The targets for fixing of profits will be the Fibonacci correction levels: $1.31 (0.50) and $1.46 (0.618) Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice

BATUSDT completed Gartley move | Upto 35% move expected On daily chart, the price action of Basic Attention Token has formed Gartley pattern and reached in potential reversal zone. Buying And Sell Targets: The buying and sell targets as per Fibonacci sequence of Gartley pattern should be: Potential reversal or buying zone: $ 0.2184 to $ 0.1994 Fibonacci projection or sell zone: $0.2333 to $0.2694 Stop Loss: The potential reversal zone area that is up to $ 0.1994 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 35% and as per the above-mentioned stop loss, the loss possibility is 8.7%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

Basic Attention Token | Be Ready For A Roller Coaster Move Head & Shoulder pattern: On daily chart the Basic attention token formed a Head and Shoulder pattern. This move was started on 18th December 2019 and now we can see that after the completion of this pattern the priceline has broken down the neckline and even dropped more down. A death cross can lead the priceline down: On the same daily chart 50 simple moving average formed a golden cross with the 200 simple moving average on 9th February 2020. After this golden cross the traders had expectations that the priceline of Basic attention token will start more powerful bullish rally. After this golden cross the BAT token has hit up to $0.3221 and after that the price line started dropping. Then after 14th of February up till so far we can see the priceline is bearish. Now the 50 simple moving average again started moving down to form the death cross with the 200 SMA. And today we can see that 50 simple moving average is touching the two hundred simple moving to cross down for the completion of this death cross. And this bear cross can lead the pipeline again more down. Bullish Shark formation can again lead the BAT token to drop again: There is another very strong indication being appeared signaling towards bearish move. And that is the priceline is likely to complete a bullish Shark pattern. We can observe that the initial leg was started on 13th March 2020 and after the completion of first leg on 20th March 2020 price action is retraced between 0.382 to 0.618 Fibonacci level and this is the 1st confirmation of Shark. Then the priceline is projected between 1.13 to 1.618 Fibonacci projection of A to B leg and this is the second confirmation of bullish Shark. Now we can expect that the final leg will be formed as required for the bullish Shark pattern and the priceline is expected to be retraced between 0.886 upto 1.13 Fibonacci level. In this case we can expect the drop upto $0.0888 to $0.07. This area would be the potential reversal zone of this bullish Shark. And from this area we can expect a bullish divergence that can help to end up the bearish move that was caused by the Head and Shoulder formation and the death cross of 50 simple moving average with 200 SMA on daily chart. On long term we are still bullish: But if we see on the long term then this bearish move on daily chart will not affect the expected long-term bullish move of Basic attention token. If we see on weekly chart the basic attention token has formed a falling wedge pattern and it has already hit at the support of this wedge on the candlestick that was opened and closed on 9th March 2020. In case of the completion of bullish Shark pattern that is being formed on daily chart we can have another touch at the support of this wedge even we can expect is a spike beyond the support like we had on 9th March 2020. But it will be not possible for the price line to breakdown the support of this falling wedge because if we see the volume profile of the complete price action moving within this falling wedge then it can be clearly observed that the traders are not interested to trade below $.135 and the point of control level of volume profile is at $0.19. Therefore the price action can move up at anytime at least up to the POC level of this volume profile. And we cannot expect the breakdown of the support unless the trader’s interest would not be developed below the support of this pattern. A very big bullish Shark is still in play to produce bullish divergence soon: And if we switch to 2 week chart then a very big bullish Shark pattern is still in play that I have already shared with you in my previous posts. According to this Shark pattern we are already moving in the potential reversal zone of is Shark pattern that has been formed on this 2 week chart. But if the price action will move upt $ 0.0888 to $ 0.07 for the completion of the smaller bullish Shark that is being formed on the daily chart then we can have only a spike beyond the potential reversal zone of this big shark that has been formed on the 2 week chart, Like we already have seen on the candlestick that was opened and closed on 2nd March 2020. Conclusion: On short term and midterm the Basic attention token can face bearish move upto $0.0888 to $0.07. But on long term the BAT token will be still bullish unless the priceline will not break down the support of falling wedge that has been formed on weekly chart.

BATUSDT formed bullish butterfly | Upto 35% move exptected Previously I have posted chart where the price action of Basic attention token formed a bullish shark pattern. And at that time the price action was moving in the potential reversal zone of this harmonic pattern. And at that time I was expecting up to 90% profit but the price action took a powerful bullish divergence and produced more than 102% profit. Another Harmonic Move Now this time the price action of Basic attention token has formed another bullish harmonic pattern and this time it is bullish Butterfly. And this is another awesome opportunity to earn more profit. This time the profit probability is up to 35%. Let's dig this pattern deeper to see how perfectly this pattern is driven: The first leg was started from 16th to 18th Feb 2020 and after that the next A to B leg is retraced between 0.618 to 0.786 Fibonacci levels, then B to C leg is moved up to the Fibonacci projection level between 0.382 to 0. 886 Fibonacci and that is the Fibonacci projection of A to B leg. Then C to D leg is retraced between 1.27 up to 1.618 Fibonacci levels and now the formation of bullish butterfly is completed here. At this time the priceline is entered in the buying zone and we can place our buying orders in this area. Buying And Sell Targets: The buying and sell targets according to harmonic Butterfly pattern should be: Buy between: $0.2205 to $0.1994 Sell between: $0.2340 to $0.2707 Stop Loss: The potential reversal zone area which is up to $0.1994 can be used as stop loss in case of complete candle sticks closes below this level. This idea is for short and mid term traders not a long term idea, I will be keep posting more trading ideas.

BATUSDT found resistance |all indicators,patterns are bullish On day chart the price action of Basic Attention Token (BAT) has found $0.1959 and resistance at $0.1487 this support of 0.1487 dollar was found 29 Aug 2019 when the price action took drop more than 29% upto $0.1326 but since then the priceline could not break down this support. Sofar this support has been found very firm therefore we can expect a breakout form here or more sideways move at this level for some more time. Indicators and Oscillators: Price action is hitting the upper band of Bollinger bands and the mouth of bollinger bands is expanding and moving up. Relative Strength Index (RSI) was oversold up till 18 Dec and now bullish. Moving average convergence divergence (MACD) is strong bullish. And if we see the Directional movement the +DI has crossed up -DI and ADX is above 29 level and giving strong bullish signals. On 12hr chart the Ichimoku cloud is turned bullish and lagging span of ichimoku cloud has crossed up the priceline and the price action has also crossed up the bearish cloud on the other hand the chop zone has also given strong bullish signals by turning bullish. Moving Averages: If we see the simple moving averages with time period of 25 50 100 and 200 the we have the same position as we had in Sep 2019 the order of moving averages was as: 25MA was below all then we had 50MA then 100MA and then 200 simple moving average was above all then on 3rd Nov 2019 a complete alligator mouth was opened which was formed with 25MA , 50MA and 100 simple moving average but 200MA was not able to be the part of this alligator mouth and the price action turned bullish and hit the $0.2784 which was the highest point since Sep 2019 to the date of writing. The moving averages are likely to make the same move and 25MA has crossed down the price action and pushed the candles sticks up now the price line has hit the 50MA and 50MA is likely to cross down the price action soon and this will also lead to the golden cross between 25MA and 50MA then a strong bullish divergence can push the price action more to cross up the 100SMA and then the price action will hit the 200SMA and if the price action will be able to cross up the 200 simple moving average then we can see a complete alligator opened mouth between all these simple moving averages and the price action can hit the second resistance level at $0.2695 and if this resistance level will be broken then a strong bull run can be observed. The Harmonic Move: In my previous predicted that Basic Attention Token has formed the Shark pattern and it will hit the projection area of 0.382 to 0.786 Fibonacci of C to D leg of this Shark pattern and below was the article: Now you can see sofar the price action has taken the bullish divergence form the potential reversal zone of this Shark pattern and entered in this projection zone as I predicted Alhamdulillah and sofar it has produced more than 25% gains this is a very positive signal but we need a breakout the 0.786 Fibonacci projection level in order to start a real bull run and as we have see above all signals from moving averages and indicators are turning bullish so it is really possible So guys be ready I hope this prediction will be full filled soon as my previous article however if you have any suggestion and ideas you can share in comments section with me. Thanks and Regards, Atif Akbar (moon333)

There is a trading opportunity to buy in BATUSD Technical analysis: . BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.174 to 0.146). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.174) Ending of entry zone (0.146) 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= @ 0.2200 TP2= @ 0.2700 TP3= @ 0.3145 TP4= @ 0.3640 TP5= @ 0.4530 TP6= @ 0.5300 TP7= @ 0.6660 TP8= @ 0.8010 TP9= @ 1.2385 TP10= Free