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Batusdt

BAT moves closer to colossal breakout eyeing $2.1 Basic Attention Token is looking forward to a possible upswing from a bull flag pattern. Support above $1 is critical to the upswing, likely to be validated by price action beyond the 50 SMA. Losses will come into play if the descending parallel channel support is broken. Basic Attention Token is trading is dealing with a retreat following a majestic upswing in mid-March. The digital asset hit a wall at $1.38, cutting short the massive liftoff. At the time of writing, BAT is exchanging hands at $1.08. If a technical pattern on the 4-hour chart matures as expected, this token will assume the trajectory toward $2.1. Meanwhile, the least resistance path is downwards, as observed with the Moving Average Convergence Divergence (MACD).  This indicator tracks an asset's trend and measures its momentum. The MACD can be used to identify buy the bottom and sell the top levels. For now, BAT is in the bear's hands, a situation that has been reinforced by the MACD line (blue) sliding under the signal line. The downtrend may continue if the indicator remains with the negative gradient. However, it is essential to realize that Basic Attention Token seeks support at the descending parallel channel that may mature into a bull flag pattern. This pattern is bullish and may see BAT resume the uptrend, targeting an 84% upswing to $2.1. The length of the flag pole measures the breakout target from the bull flag. It is worth mentioning that BAT has a bearish impulse according to the Moving Average Convergence Divergence (MACD). If the indicator's downtrend remains intact, the flag pattern will fail to confirm. Note that a break under the descending channel may extend the bearish leg to the 100 Simple Moving Average (SMA), currently at $0.9. Extended losses will stretch out toward $0.75, support illustrated by the 200 SMA. Basic Attention Token intraday levels Spot rate: $1.04 Relative change: -0.05 Percentage change: -4.7% Trend: Bearish Volatility: High
BLong
by CoinGape
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. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
by DU09
5
TRADING IDEA OF BINANCE:BATUSDTPERPBINANCE:BATUSDTPERP Hi! My trading idea is based on BBMAOA (BBMA Oma Ally)'s technique. Please note that this idea may subject to change according to market conditions. Feel free to leave your comments below! Thank you. I'm looking forward to LONG BATUSDTPERP, however I need to wait confirmation from 4H and 1H. If 4H = EXTREME (EXT) BUY and 1H = FULL SETUP BUY/MHV/CSAK BUY, I will take LONG position as per said. D = REENTRY (REE) 4H = EXT BUY 1H = FULL SETUP BUY/MHV/CSAK BUY
Long
by satnaka
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. ------------------------------------------------------------------------------------- Trade Idea: Buy Order @ 0.7152 Take Profit @ 0.7563 Stop Loss @ 0.6989 Trade Safely 🙂
Long
by Forex-Robot-Nation
6
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. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
BINANCE:BATUSDLong
by DU09
7