Basic Attention Token trading cryptocurrency market update for May 29, 2019

May 29, 2019 --- Blog

Basic Attention Token trading cryptocurrency market update for May 29, 2019

Daily Chart

The prospects for our BAT v BTC MT ProTrade are not looking great right now despite the fact that it remains active for the time being considering SCMR is printing a bearish pivot bar today on a bearish candle formation while market structure deteriorates once again, all suggesting lower prices still moving forward. The falling shorter-term moving averages, the lackluster volume indications, and the Ichimoku Cloud which is getting close to flipping to bearish all confirm the negative outlook, although favorable momentum oscillators and good r/r off of historical support will keep us in the PT until the bears stop us out.


Short term Members ProTrade - No new ProTrade ideas at this time.

Medium term Members ProTrade - We have activated a small LONG position off of the 0.0000405 level with an adjusted stop around the 0.000040 regional low, an initial target of 0.0000xx and a secondary target of 0.0000xx.

  • ENTERED @ 0.0000405

Long term Members ProTrade - We will consider a LONG position on a crash back down to the 0.0000xx - 0.0000xx area with a stop around 0.0000xx and a target of 0.0000xx.


At BBA we provide members with suggestive Bitcoin trading and Cryptocurrency trading strategies, and analyse the Bitcoin value on a daily basis.  This can all be access via our hub, which is the ultimate bitcoin trading platform for traders.

You can sign up for free here as see the full content.