BAT Trading and BAT Cryptocurrency Investing
http://binance.training/bat-trading-time-to-invest-in-bat-cryptocurrency-aug-29-18/
Basic Attention Token
trading BAT, BAT charts, BAT explained
in this video we're looking at the price
of Bitcoin versus BAT the basic
attention token as listed on Poloniex
we can see here we're looking at the
four-hour bars and there's not a lot of
data so what I'm gonna do is go over to
Binance and take a look at BAT Bitcoin
over a long period of time
so here on behind ants we can see
that the basic attention token has been
trading for a while and it's been
trading in a range as Bitcoin has been
fading off basic attention token has not
faded off as much
now the important
thing to zoom into is this last little
while as many of the altcoins have made
lows on the 13th and 14th of August just
as basic attention token did and we see
a real nice capitulation low here and
then potential 1 2 3 bottom formation
shaping up
we can see that the moving
averages on the 12-hour bars has not
crossed over yet and hasn't given me my
trading signal but because we can zoom
in on the 4-hour bars we can see that
this moving average has crossed over a
little bit here at the same time that
bitcoin is showing strength
it could be
a time that the basic attention token
might be breaking out and for my own
trading I'd be looking for a break above
these levels especially out of this long
term low out of a capitulation low and
creating this triangle formation
all of
these things add up for me to be a time
to be watching this market
it's
especially important when we see that
all of the cryptocurrency markets are
making a long-term low right here
and any of these currencies and tokens
that are making these formation shows
that there's something going on behind
them in the markets
https://www.introtocryptos.ca/forums/forum/digital-currencies/basic-attention-token
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