Batusd
BAT/USDT - Potential Short ScenarioHello Traders!
BAT moves within the descending trend, gradually completing the previous market cycle.
The price is near the resistance level of $0.43, which will serve as a trigger for the continuation of the local counter-trend movement.
We can assume that if the local trend breaks, the downward pricing on the asset will continue. We should expect the culmination of the sales in the price range of $0.18 - $0.274 after the price leaves under the support level of $0.274.
It is possible to look for medium-term purchases of the asset near the support level of $0.18 in the price range of $0.18 - $0.22.
The targets of such purchases will be the price levels of $0.43 and $0.59
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
BAT - time to trim the sheep🐑Reasons to take short:
⭐️ BTC bearish
⭐️ Formation is 24 days old
⭐️ In the end of formation
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ Had false breakout
⭐️ 5th touch
⭐️ 55 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
📊 BAT moved 10% up. Will this resistance reject us again?
Hello, dear TradingView members.
This idea is a BAT analysis.
BAT made a 10% ascending move today, and now it's facing the resistance level for the 4th. Time.
This resistance level is again rejecting the price, but it's not as powerful as the previous times.
Scenario One:
The price will pass the resistance level and, after confirmation, reach the potential target as shown in the chart.
Scenario Two:
The price will be rejected by the horizontal resistance level and fall on the support zone.
The Speedometer indicator shows Buy volumes on the market for BAT on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Basic Attention BATUSDT - ABC completed! + Falling wedge!- On the daily chart, we can spot a falling wedge and the price is currently above the wedge.
- Due to my Elliott Wave analysis, the ABC correction should be completed and we are ready for a new bull market!
- You can buy a breakout above the black tripple top resistance line.
- If we look at the volume indicator - we can see a huge bullish volume spike, which is definitely a great sign.
- Profit target: 0.618 FIB + Previous triangle POC.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more content, please hit "Like" & "Follow"!
BAT couple of long options.Here's a couple of long options for BAT. There's a nice falling channel / bull flag kind of formation, that looks like it wants to breakout on the lower time frames.
There's like a messy inverse head and shoulders here; now looking for it to have another go at that neckline. I personally might set an alarm/alert for the break of that neckline and it might surprise me down the line.
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?
💡Don't miss the great buy opportunity in BATUSD @AttentionTokenTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3475).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BATUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 0.4117
TP2= @ 0.4483
TP3= @ 0.4983
TP4= @ 0.5567
TP5= @ 0.6016
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BATUSD @AttentionTokenTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3475).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BATUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 0.4117
TP2= @ 0.4483
TP3= @ 0.4983
TP4= @ 0.5567
TP5= @ 0.6016
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BAT has grown by more than 30%Hello to all members of TradingView and my followers.
BAT has grown by more than 30% in the last 24 hours. The currency, which is on a downward trend, has reacted well after hitting significant support from the $ 0.25 to $ 0.28. A downtrend line has been drawn as a resistance on the currency chart, and if the market conditions do not fall, a continued upward trend can be expected due to the high volume of buying transactions. The BAT trend in the 1-hour timeframe is currently out of the downtrend, and if the support signs are seen at the level of 0.3130 to $ 0.3340, there is a possibility of further growth of the price up to the resistance level of $ 0.43.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.