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Basic Attention Token / Bitcoin

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BATBTC trade ideas

BAT fundamentally backed, technical long setup.Basic Attention Token has been a solid cyclical asset. Fundamentals (such as Coinbase and Circle listings) have caused a lot of speculation of it surpassing its clear ceiling of supply. But we aren't here to speculate ya feel? personally, I'm going to start scaling in at 4000 sats, but if you can catch some BAT at 3600 sats you a bad motherfucker. You can take profit at 5100 - 5300 sats, but to get there you have to let it come back at you one or two times. don't be a bitch. i love you, SK
Long
by Meteor_Hammer
BATBTC SHORT PROFITBuy Price: Green area Profit: Targets Invest Suggestion: 15 Percent Profit Expectations: - 20 - 40 Percent Fundamental Analysis: BAT going to be list in BitHumb in a few hours! Looking at the chart of Bat, we could see a support line growing and we have two new indicators pointing a buy for this coin( i've tested this new indicators together in a lot of coins, 70% of time it generated profit ( 1.40 factor )! Also, i could identify a pattern in this chart, when EMA 13 touch EMA 34 ( from upside to downside ), it raise in the next charts! So, let's profit guys! According the way you trade, sell when you get some profit. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
BLong
by CGCryptoTrader
How To Trade Basic Attention TokenAs you already know I like to take a look at the BIG PICTURE and this is what I did for this post. Even if you are not trading the big swings, I think it is very helpful to know where the price will head in the next couple of month. As you can see we just reached the top again of the sine wave. BAT is trading in this range since it exists, therefore we can say this channel is very strong. This again means the resistance in the red box is EXTREMELY strong and I would not invest into this coin right now. If you hold BAT I would advise you to not be greedy and take your profits now. How To Trade If you are holding BAT look for an opportunity to take your profit If you want to invest into BAT because of the news, that coinbase maybe wants to add this coin to their portfolio, think twice. Look at the picture above. I think it is pretty clear that from a risk to reward standpoint the risk of buying right now is over 9000. My personal plan when I see a pattern like this is obviously to buy at the bottom and sell at the top of the channel. DON'T GET CAUGHT IN THE HYPE! Can it go higher? Sure, but is it likely? Think about your risk to reward at the moment. If you buy now your risk is enormously high and your reward very low. But what if it skyrockets and I miss out? What you feel is FOMO. A very dangerous feeling. If BAT skyrockets wait for the big resistance (because it will come) and then buy back in. I will keep this idea updated and we will see where this journey takes us. If you find this article helpful show it some love. The next updates will come over the next couple of hours/days depending on how much I get motivated by your interactions.
Short
by aamonkey
3