Basic Attention Token: The Volume Gives It AwayWhat would you say if a pair has been going down for years, there is absolutely no volume, neither bearish nor bullish and suddenly, together with a perfect reversal candle, you see the strongest buying in three years?
The reversal candle is a signal on its own. The 5-August session ended as a Doji and closed green. A new ALT but the session ended green.
This is the same session that produced the strongest buying since November 2021, almost three years ago.
Taking these signals in all together, simply tells us that the bulls are waking up. The bears (sellers) had the market for themselves, all this long, all this time and they sold and sold as much as they wanted. They are surely done and exhausted, there is nothing more to sell after years of the same. The market tends to look for balance and a downtrend when it ends is followed by an uptrend; up we go next.
Basic Attention Token is one of the classics, a strong project for sure and this chart is telling us that it is about to wake up. It is getting ready for a reversal and the chart is also showing massive potential for growth.
The whales are already buying. Once the whales start buying, it is only a matter of time before this buying reflects on the chart.
It will reflect as a giant burst upward. A massive bull-market is brewing behind the scenes and it will be the strongest since 2021. It might be bigger, many times bigger, so, hope for the best and prepare for the best because we are going up.
Namaste.
BATBTC trade ideas
✳️ Basic Attention Token Major Stop-Loss Hunt Event ExposedLooking at the Basic Attention Token chart, we can spot a major liquidity hunt event, an over-extended bear market and the result can be a massive bullish cycle in 2024.
Let's dive in...
On the first of January 2021 BATBTC hits a market bottom of 576 satoshis and produces a v shaped recovery.
In June 2023 BATBTC produces a market low of 573 satoshis... Now, based on Elliots law of alternation, since we have a fast (v shaped) recovery, the next time around we can have a slow (ending diagonal) recovery... This is what we are seeing here.
The action that is taking place from June 2023 through present day can be considered a stop-loss hunt event or the extension of the fifth wave of the bear market —a type of correction. In either case, what follows is a new bullish impulse, which means 5 waves up.
The low hit in the previous session at 510 satoshis is just a few sats away from the previous low six months ago. A new technical lower low would push prices towards 350 something sats, telling us that the current action is the market looking for liquidity rather than a new bearish impulse.
Once the long-term stop-loss are activated, once the trend-following bots are taken down, a new cycle can start... Which takes us to the good part, we are likely witnessing a bottom catch.
Namaste.
✳️ This Signal Will Lead To 100%+ Fast | Basic Attention TokenThere is one thing and one thing only that you need to know, ignore the double bottom that we saw recently in other charts and the bullish divergence, just ignore it.
Now look at the session/candle marked 16-June... Look at the volume.
This is everything that you need to know.
When you see high volume when a pair hits a new low, you know that whales are loading up.
When you see tons of buying when prices are low, you know what follows... Look at the green arrow on the chart; a major bullish jump.
Namaste.
✳️ Basic Attention Token Descending Channel Will Lead To 200%+There is a massive descending channel on the BATBTC (Basic Attention Token) chart that is more good than bad news, let me show you.
This downtrend has been going for more than a year and is finally reaching its end.
We can tell it is ending because we have a cup pattern at the bottom of the channel, a change in trading volume (from red to green), bullish indicators at such low prices and a break today of EMA50 as resistance.
This type of chart setup can lead to 200% of more growth in the coming weeks.
Once it starts going, the climb should be fast and steep.
Namaste.
✳️ Basic Attention Token | Trading Tips, Opportunity & MoreMany options... We have a lower low now in March 2023 for BATBTC, another one that went through a very strong correction, it is very likely that many gave up.
Zoom out and see a long-term higher low:
I felt a little embarrassed because I called this one several times and see how it goes. It went down more and more.
We can only spot the reversal signals, a bounce took place, a small bullish wave developed but it ended in a lower low but this doesn't change the potential long-term...
No excuses.
If short-term, sell portions on the way up or all after reaching your target.
If long-term, buy and hold.
I always use a mixture of both... Some Altcoins I hold long-term others I trade for learning, for profits and for fun.
Bitcoin I like to hold and accumulate but that is only when the situation allows, most of the time I have to sell to pay for stuff... Then cry and suffer as prices go up. Buy back again higher when people...
Have to go now.
Namaste.
#BATBTC - 20% Drop to Support IncomingWe're very close to reaching a critical pinch point for #BAT / #BTC, but we've got enough time to get one last 20% Short trade in!
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What Do You Think?
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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$BAT/#BTC [#Basic Attention Token]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $BAT / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.00001375 | 0.0000148 | 0.00001661 and the major support zones are respectively at 0.00001194 | 0.00001118 | 0.00000937. It is a bullish indication and we may consider entering at the current price zone at 0.00001348 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001348 ₿
▣ 24HVol: 16.478 ₿
▣ 24hChng: 6.815%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001375 | 0.0000148 | 0.00001661
◢ Support: 0.00001194 | 0.00001118 | 0.00000937
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.56 - Bullish
▣ Reddit sentiment score is 0.35 - Bearish
▣ In-depth BATBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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✳️ The Wait Is Over | Basic Attention TokenDid you gave up or were you the patient one?
Whichever action you took the wait is over and there is plenty of time actually for what's about to come, things are only getting started.
Notice this descending channel on the Basic Attention Token vs Bitcoin chart, BATBTC... We are at the bottom of this channel.
We can see the highest volume since June 2022 as well as a very strong RSI.
A multi-year strong support has been activated as prices move back above EMA10.
The stage is set for many green days.
The wait is is over!
Namaste.
BATBTC - Rise, Rise & Rise Again?We've just closed a Short trade and netted a nice 15%, which feels good. What feels better is looking at the possibilities with the Long signal we've received from Crypto Tipster v2. BAT has been trending downward for a little while, to the point where it broke below recent support levels, it has since created a new pivot low and restored some of it's previous losses.
We can foresee a return to inside the historical trending range, that's step one - it then wouldn't be too unbeleivable to bust out the topside of this descending wedge, and if this was to happen there's not going to be much resistance until the 1730 level, which would net around 50% gains on a Long trade.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
✳️ Basic Attention Token Activates Long-Term Support (100-300%)Basic Attention Token (BATBTC) is now activating a long-term support level which can lead to a massive bullish wave.
When this level was conquered back in January 2021, a bullish wave followed.
In October 2021 BATBTC bounced before reaching the long-term support producing another bullish wave.
In June 2022 the same support level became relevant again... BATBTC produced another bullish wave before hitting this level.
Now, in Dec. 2022, BATBTC tested this long-term support once more and is going green for the first two week of 2023.
As this long-term support comes into play again, the possibility is HIGH for another bullish wave.
Hundreds of percentage points of growth possible in the weeks and months ahead.
Note: Growth potential is always much, much higher if we look into the long-term based on multiple years.
2024 We will have massive growth and the next bull-run can happen late in this year or in 2025.
Namaste.
BAT/BTC at key area, potential low-key breakout and fib time 1.0Seems to be retesting the mini-breakout of the long term downtrend trendline and is also in a triangle providing a juicy target if a breakout comes to fruition - at weekly trend based fib time of 1 ... if it breaks down then buy area down to 1 SAT barring some fundamental breakdown.. but its a fricking alt and BTC could still see $10K or lower. nfa; just noticed this today and thought it was worth posting .. not even sure I want to enter a position on it but it does seem to have clear invalidations - who knows, could see a retest of the swing low sfp type buy if the corn breaksdown ..all eyes on btc
#BAT/ BTC - Short - Potential 12.87% #BAT/ BTC - Short - Potential 12.87%
Exchanges: Huobi.pro, Binance, Bittrex
Signal Type: Regular (Short)
Entry Targets:
1) 1736 - 100.0%
Take-Profit Targets:
1) 1675 - 33.334%
2) 1608 - 33.333%
3) 1518 - 33.333%
Stop Targets:
1) 1827 - 100.0%
Entry Trigger - Pullback with BTC breaking overhead resistance
Trailing Configuration:
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
BAT (Basic Attention Token)After a quite consistent and long cycle (2yrs) between 0.00003 and 0.00006 and another one within 3 yrs between 0.00001 and 0.00003 I take a risk from here targeting to at least 30% for now.
It's not much but I like BAT and I chased it since a while for a cheaper price.
1D RSI looks to form a bullish divergence.
As soon as we will see some volumes and BTC will rice (but not necessarily) BAT could and it will ride again on 0.000016-0.000020 area.
Don't you think?
Basic Attention Token Long-Term | Harmonic PatternBasic Attention Token (BAT) has been printing higher lows vs Bitcoin (BTC) since December 2020.
This weeks candle is full bullish and we have a bullish harmonic pattern.
We are likely to see a change of trend in a the weeks to come.
We will see Basic Attention Token (BATBTC) grow.
Namaste.
I SMELL ALT SEASON!Though we're seeing a significant decrease in crypto market cap, most of the altcoins are seen to be gaining momentum against BTC. That's weird and exciting as well.
NOTE: I'm not saying there'll be a sudden magical move to the upside, it might be a little dramatic. For now bullas are getting whipped (short time)
Just do your own research.
#BAT/BTC 1DAY UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this BAT/BTC 1DAY chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ENTRY:-0.0001080,0.00001245 (SPOT_CALL )
TARGET:-220%
STOP LOSS:-0.00000895
As we can see at the above mentioned chart that BAT was trading inside the triangle pattern and broke below the lower trend line towards the lower strong support zone just line in scenario 1.
In scenario 1 BAT bounced right from the support zone and the pump was almost 220% from the lower support level.
In current scenario BAT/BTC again trading at the green support zone here, I am expecting a bounce towards the lower trend line and break this triangle pattern and retest.
Which will be confirmation too go long for gaining almost 220%.
We can also long some amount to buy the dip.
Candle close below this lower red support will be the closing point for this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BATBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We see the S1 line which was previously the resistance line. Now the price has been able to break it and is moving up. There is the R1 line which the price has hit several times and could not break it. We expect the price to hit it once more and then fall down after not being able to break it. But if it is able to break it to the upside, the R2 zone is waiting for it which is a very strong resistance zone. We also have the S2 line which has supported the price several times. It is also likely for the price to make a pullback to the S2 line where we can set a buy order for higher targets. If the S2 line is also lost then there will be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
