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TWITTER Bearish Bat SETUP 🦇Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The recent logo change following Elon Musk 's acquisition of Twitter has definitely affected the price of both Twitter and Dogecoin. But the rumor, sell the news and so it seems Twitter is taking a dive after a log period of upward price action. The bearish harmonic bat pattern short setup is discussed in detail in the video. Note that the prices are NOT USD, since Twitter is now a privately owned company and was removed from the NYSE late last year. Here's a more in-depth educational idea on bullish and bearish bat / harmonic bat pattern / cypher patterns : In another related idea concerning the logo change from the blue Twitter bird to the DOGE meme pup: _______________________ 📢 Show us some LOVE 🧡 Follow for daily updates and trade ideas on Crypto , Stocks , Forex and Commodities 💎 We thank you for your support ! CryptoCheck
TShort
by CryptoCheck-
32
Why I'm Watching Basic Attention Token (BAT)This idea is apart of the OKX ideas contest. They are giving away 13 ETH or USD $ 25,000 as well as TradingView Premium plans to people who share interesting trade ideas from the OKX: crypto feed. To enter, you only have to publish an idea like I am doing here ( Learn about the contest here ). So here's my idea: I have long liked Basic Attention Token OKX:BATBTC because I use the Brave Browser quite a bit. As crypto becomes a popular tool for products, their communities, and giving the average user a chance to be apart of the journey, the Brave Browser stands out to me most. BAT or Basic Attention Token is the underlying crypto that powers the Brave browser. By the way, the founder of Brave is also the co-founder of Mozilla and Firefox. His name is Brendan Eich. First of all, browser technology is gigantic. There are hundreds of millions of people who use the Chrome Browser each day. In addition, Google mines their data and sells it to advertisers. It's a strange business when you examine it deeply. As they say, if it's free, you are the product. My thesis is simple: more people will see value in moving off platforms like Google and toward ecosystems that are not only more privacy centered, but also have an underlying "currency" that can be used alongside the platform. This is a win-win for users, builders, and companies. For the first time, your use of a platform can be rewarded in a clear way. I personally find it beneficial that I can both use Brave, own my privacy, and with the tokens be apart of the success. The more I use Brave, the more I share it with friends, there's a chance for me to benefit alongside using their tokens. Now I should say there is a bearish story to all of this: 1. The chart is ugly 2. Bitcoin is outperforming alts like Brave massively 3. Some people say Brave is just a giant bot network 4. Brave's privacy tools have been scrutinized 5. Brave token holders only enjoy a small fraction of benefits currently 6. As always, a hack would render the entire thesis useless and this is always a risk in crypto Nonetheless, with so much doubt and bearishness, perhaps a bottom will be found. I've market that level on the chart. There's a saying that failed moves lead to fast moves. Let's see if this breakdown is a false drop and now a bull rally resumes. By the way, be sure to use the okxideas in the tags section when publishing your idea. This is a key way to be entered! Read the post I linked above for more. Good luck and thanks for reading!
BLong
by scheplick
4
DOLLAR CRASH!? NOPE! NOT NOW!!If you are on the Media, you would have heard that the DOLLAR is CRASHING, countries are ANTI-US DOLLAR, etc, etc... I don't see any crashes happening on the chart. It is important for independent traders like ourselves, not to get swayed by the news headline; see it for yourself. What I'm seeing right now, saddens me more than the crashes; the market is going into the consolidation phase. How do I know that? A series of Bat Patterns, that's it. The market reflects on what market participants felt. If you are looking for shorting opportunity, you are in luck. On Daily Chart(left), Bearish Bat Patterns completing at 136.96 and on the 1-hourly Chart, we have the Bearish Crab Pattern completing at 132.54 and Bearish Bat Pattern completing at 132.87.
Short
by RaynLim
EURO-DOLLAR, Counter-Trend Opp.EURO-DOLLAR has a Counter-Trend Trading Opportunity(left). Traders looking for a counter-trend trading opportunity could wait for the market to retest to 1.0975 for a shorting opportunity. This is possible not because of the Bearish Shark Pattern Trading Opportunity, but a retest of resistance on the Weekly Chart. If this is not for you, then perhaps the Bullish Bat(red)(right) or the Bullish Shark(right) gives you, a trend trader, an opportunity to engage. So, what is what? If you have that question, focus on 1 and not engage on both.
Short
by RaynLim
Kusama (KSM) forming a bullish BAT for another bullish reversalHi dear friends, hope you are well and welcome to the new trade setup of Kusama (KSM) coin with Bitcoin pair. Previously I shared a long-term trade setup for KSM, which is still in play: Now on a 4-hr time frame, KSM is about to complete a bullish BAT move for another price reversal. 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
Long
by moon333
USDAUDThe bearish bat harmonic pattern is a technical chart pattern that can be used to identify potential selling opportunities in the USD/AUD currency pair. In this case, the pattern has formed and a short trade entry has been identified at a price of 1.4856. The stop loss has been set at 1.4929, which is above the recent high of the pattern, to limit potential losses if the trade goes against the trader. The take profit level has been set at 1.4783, which is below the recent low of the pattern, indicating a potential price target for the trade. This level represents a potential profit opportunity for the trader. However, it is important to note that there is no guarantee that the trade will be profitable, and traders should always use risk management techniques and trade with caution.
Short
by ahsankhan8012