200% from previous highs🦇🦇BATUSD ready to fly🦇🦇 but not yet.Greetings fellow humans
Crypto/ Bitcoin has had a bit of a struggled in the previous 7 days, not being able to break the 45K resistance point is a bearish indicator for the short term future MATES. In my opinion the bullish sentiment over the previous weeks was purely been due to the geopolitical DRAMA across the world (#istandwithUkraine). Over the next few days-weeks; WE ARE LOOKING AT TESTING 35-36K SUPPORT or continue track sideways between 37-40K range. I cannot see any major indications of a BTC shooting north any time soon.
WHY AM I TALKING ABOUT BITCOIN WHEN MY TITLED ARTICLE IS ABOUT BAT? because Bitcoin's price determines that of all of the ALTERNATIVE COINS.
What is Basic Attention Token (🦇 BAT 🦇)
One of many altcoins on the spectrum to potentially go BIZERK when Bitcoin is back in a bullish state. Basic Attention Token (BAT) is the token that powers a new blockchain-based digital advertising platform, a standout within the altcoin space as far as usability goes. The token itself is the unit of reward, and is exchanged between advertisers, publishers and users. It was one of the fastest selling ICOs of 2017 and has since rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.
You can see with the image above provided that there is opportunity in the future for BATUSD to have some major swing, less than 100 days ago BAT price was $1.92, today the BAT price $0.63. That is a 200% change of price action.
BUY ZONES;
#1 $0.60-0.63
#2 $0.52
#3 $0.42
TARGETS;
#1 $0.69
#2 $0.74
#3 $0.79
Remember bitcoin determines price and trend of all altcoins. I am expecting a further pullback in BTC over the next two weeks, I believe this will be short, sharp & painful. This will give opportunity to purchase cryptocurrencies at a discount price.
Be prepared, nothing is guaranteed, control the controllable.
Mogues
Batusd
Is cryptocurrency winter coming?This analysis is a personal analysis
Parallel channeling and an Elliott survey as well as using indicators and the outcome of these scenarios
We consider this move possible
The checkpoint is very important and the general trend of the currency can be changed
In the end, this is a personal analysis and there is no certainty as to whether or not to do it
BAT USD Parabolic Growth HTF Buying OpportunityBAT USD is approaching the parabolic growth trendline which has traditionally been a very strong buying opportunity for all crypto assets on parabolic growth long-term (Ethereum, Dogecoin, Syscoin).
HTF is at a strong support, with a confluence of launch of native DEX on Brave Browser (with 50 million monthly active users, 20x higher than Uniswap $UNI).
Goldsworth called Dogecoin at $0.003 and Syscoin at $0.02
BAT/USDT - Potential 64% SetupHello Traders!
BAT is exiting a downtrend.
The price has tested MA50 on the 12H timeframe, the RSI indicator is in the bullish zone.
Buyers' base of support is in the range of $0.80 - $0.89.
It is possible to look for buying in the range of $0.85 - $0.89 with a stop under the price level of $0.70.
The targets for fixing of profits will be the Fibonacci correction levels: $1.31 (0.50) and $1.46 (0.618)
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
$BAT BAT is moving in an upward channel. Despite the fall of biktoin last 3 months, the upward channel pattern is not broken and continues to work out. I expect price movement to the nearest resistance at 0.98-1.02 levels with possible further correction.
As support we have the trend line, in case it is broken through, the next support will be the levels of 0.65-0.69.
Always consider the state of the market!
Basic Attention Token (BAT) formed Gartley for upto 194% moveHi dear friends, hope you are well and welcome to the new trade setup of Basic Attention Token (BAT).
During the current drop, on a weekly time frame, BAT has formed huge bullish Gartley move. There is also 100 SMA support moving to the upside aggressively.
BATUSDT ON STRONG SUPPORTBATUSDT is located on a strong support area. This area is characterized by a strong support area consisting of a long-term bullish
trendline and a static support area.
we can accumulate in the area designated as the buy area.
after that With the failure of the specified downtrend line (red line), can expect to see the specified targets
TP1: 1.64
TP2: 2.64
TP3: 5.22
SL: any daily candle close under major trendline
BAT/USD - Be careful, $1 support may fall... 🤐BAT had a great rally and made a new ATH in 2021.
Now, the weekly chart is quite bearish:
No volume compared to last year bull run.
MACD just did a bearish cross on WEEKLY! This is not good, maybe BAT can recover, but... hard call.
RSI falling.
OBV falling.
I'd not be so sure that this support at $1 will hold. Be careful, do not FOMO here.
Like and follow if you liked this idea.
BAT Big Reversal Head & ShouldersBAT, like a lot of Crypto right now is looking very Bearish to me. BAT has formed an almost perfect Head and Shoulders Reversal Pattern at the top. This move would bring BAT down to $0.225 area - where it ranged for quite some time before the Big Bull run at very beginning of 2021.
Shorting here could be a big gainer for you, however I am looking at this a great buy in opportunity for this and many other coins if they do retest down this far. That would be 75-80% retest which is very common online Crypto as well. DYOR and not financial advice.
✅BAT - 🚀Surge as told you and higher TP for Christmas gift🎁-
BAT just be crazy after breaking out the resistance as post below.
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If you are holding some since our buying timing, can expect TP4(1.5045)
SL could be 1.3160
Just take it anytime you satisfy and Merry Christmas!.
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If you like this analysis, smash the like button and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
BATUSDT Trade Setup!BATUSDT (4h Chart) Technical analysis
BATUSDT (4h Chart) Currently trading at $1.219
Buy level :Above $1.228
Stop loss: Below $1.037
TP1: $1.339
TP2: $1.418
TP3: $1.578
TP4: $1.720
Max Leverage 3x
Always keep Stop loss
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BAT - Buying opportunity and TP/SLBYBIT:BATUSDT
1H trend chart
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BAT is going to break out the downtrend line, and the resistance(Fib 1)
If price can keep being here, trading strategy as below.
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Profit Targets:
a) 1.2165~1.2315----Fib(1.272~1.382)
b) 1.2630----Fib(1.618)
c) 11.31450----Fib(2)
Stop losses:
a) 1.1470-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!