BATUSD - LOOKS BULLISH!!! 🚀Previously completed the Falling wedge and jumped from there. Now we clearly can see an ascending forming-up.
Momentum is at its lowest though.. IF we won't gain any momentum in the upcoming days, the triangle can be broken with a bearish run.
Good news:
The operator of the Grayscale Bitcoin Trust (GBTC), Ethereum Trust (OTCQX: ETHE), and Litecoin Trust (OTCQX: LTCN), among others, announces the launch of trusts into five more cryptocurrencies. The new funds will hold tokens for Chainlink (LINK-USD), Filecoin (FIL-USD), Livepeer, Basic Attention (BAT-USD), and Decentraland (MANA-USD). All are surging higher in morning action.
Batusd
BAT is good to go Long 01/02/2021as we can see BAT had broken trough the its monthly resistance zone and had rechecked it back and now it can be counted as it current support
we have some good chance of longing it up to the Parallel leg level of Fibonacci Projection and on its MACD we could spot some Mild Hidden Divergence
please comment your opinions
Basic Attention Token(BAT) is good to buy now 15/02/2021we can see the Token has done its retracement and seems to be good to buy
we have measured the retracement by Fibonacci retracement and it has already touched the golden zone,
we can go long on it and keep the stop loss below the 0.4 USD
and target the above 0.9 USD
BAT/USD - Approaching resistance, watch out! BAT is quickly approaching a key resistance at $1.1 where I'd be surprised for price to push above.
This bias is also supported by the indicators that look a bit bearish with a MACD and RSI bearish divergence and decreasing volume.
For this reason, this is not the time to buy BAT, rather, secure profits here in case we turn back. There is no need to pull the trigger now and sell, you can wait for the yellow parabola to break or for support to fall. We can still pump until $1.1, but unlikely we can push higher in the near term.
BAT needs to cool-down a bit, consolidate/range and then reload for a new push.
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$BAT BAT is looking very bullish ( @AttentionToken )Hello there ladies and gentlemen, BulloTaurus here with another interesting and undervalued project for today.
BAT/BTC is looking very promising, and it seems it is going to break its long accumulation phase. I doubt it will retest the new support again because of huge volume and upcoming developments.
It is clear that we are going to leave the accumulation zone trend higher.
Watching this project closely and trying to accumulate in the green buy zone.
Risk: 3
Reward:9
BAT/USDT | Potential Upward Movement 🚀 🚀🚀Technical Analysis:
Starting by the higher time frame the price is in a clear upward movement where we can notice higher highs and lows. Recently, it managed to break the daily support @ 0.7039 level. On the 1 Hour time frame, the coin posted a correction count toward the 61.80% Fibonacci retracement level which coincides with a strong support. This might cause a move upward to the 0.7563 mark.
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Trade Idea:
Buy Order @ 0.7152
Take Profit @ 0.7563
Stop Loss @ 0.6989
Trade Safely 🙂
BAT/USD - Ready for ATH at $1 🚀🚀🚀BAT is quickly moving for a retest of its old ATH at $1. Nice.
Where are we now?
We seem to have reached resistance at $0.87 cents. I'd be surprised to push higher from here as this resistance should push us lower before BAT has another shot at ATH / $1.
Possible path on the chart. This cooldown could provide a good re-load opportunity to ride the wave towards ATH once that new push starts.
The indicators are all very bullish:
1. Increasing volume on this move up - bullish
2. MACD very bullish with a positive cross on daily
3. RSI pushing higher still
This train won't stop, so $1 is pretty certain at this point, just a matter of time, beyond that we will have to revisit the chart.
Best to see if you can catch a wick down before another push up.
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BAT Buy a break setup.BATUSDT - Intraday - We look to Buy a break of 0.712 (stop at 0.682)
Pivot resistance is at 0.708.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
A break of bespoke resistance at 0.708, and the move higher is already underway.
We look for gains to be extended today.
Our profit targets will be 0.798 and 0.848
Resistance: 0.680 / 0.708 / 0.750
Support: 0.660 / 0.620 / 0.600
BAT BREAKOUT IMMINENT --> $1.08 PTTHIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
BAT token is breaking resistance. If it can break .65 it can go straight to $1.08
FUNDAMENTALLY
The next reasons I like BAT and went big on it TODAY are more fundamental reasons. It is on Coinbase and on Voyager Digital brokerage , which are 2 of the highest exposure markets for crypto. This creates longevity in liquidity and accessibility for the token.
BAT token is a token designed for the advertisement industry. It is dispersed through the Brave browser , which is a growingly used privacy browser. I personally use Brave on my phone and on my laptop and yes I have earned about $10.00 in BAT there this past year from just using there privacy browser and blocking spammy ads and data collections from 3rd party sites.
Characteristics of Brave ::
-Use of a web browser to control your ads.
-Fair distribution of advertising revenues among advertisers, publishers and users.
-Creation of a transparent and efficient digital advertising market.
-Move from a quantitative to a qualitative advertising model: fewer ads but better quality ads.
-Advertisers receive better data on their highlighted products.
-A Blockchain-based payment system with the Basic Attention Token (BAT) at the centre of the system.
-Prevention of the manipulation of the number of clicks by robots.
-Avoid the misuse of users’ personal and mobile data by trackers when displaying advertisements.
Past BAT Ideas:
There's a Huge Fight ATM BTW TIGER & BAT!Hello Traders,
We once again have a Tiger Salamander crawling its way back onto our Charts!
Very Rare, almost as rare as the species itself!
All systems a go!
BAT's hate Tiger Salamanders and it will fly as high away from it as possible, maybe to the moon...
You can check out the last time we were visited by the Tiger Salamanders cousin the Salamander Dragon here:
Good luck!
BATBTC. New ATH. SoonHey everyone, we decided to show our BAT analysis results.
Unfortunately, we cannot disclose details of the process. Since this is our development.
Those who subscribed to us in the discord long time know that our approach works.
We cannot recommend buying BAT now as there is a high risk of loss.
In this case, the risk is about 40%, which is quite a lot.
But what can we do to reduce the risk?
Ideal to buy in the green zone. But the market may not give us this price.
If you are not afraid of a drawdown. You can buy in the orange and yellow zone.
You can also place multiple orders in each zone. To get the best average price and normal risk.
The sales area is marked with red lines. 2210 and 2620.
Yes, we can get 100-130% in profit for the next 3-4 months.
Recall that it is very dangerous to enter the position of altcoins for more than 5% of the capital.
Stick to risk management.