Basic Attention Token BAT - Wedge + New Bull Market +1000%- BAT is consolidating on the weekly timeframe for more than 3 years
- That's why I am expecting a huge explosive move very soon
- Wait for the breakout above a previous high before enter a trade
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- The price is forming some kind of ascending triangle (ascending pattern)
- Elliott Impulse Wave 3 is usually a strongest wave with a parabolic curve
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Batusdt
BAT/USD - At resistance, wait for pull back, bullish overall!BAT has pushed higher and reached the resistance level as indicated by the chart around $0.40 cents.
Now we should correct a bit around this level and then re-load for new highs and ATH.
On weekly BAT is looking very bullish with a MACD that is expanding fast and and RSI about to set a new high. On daily the indicators are also very bullish and this latest move up was on good volume!
Bias remains bullish as long as we don't drop under $0.30.
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Another NobrainerGuess where this is going..
Google's advertising revenue is humongous
However..
"The $330 billion digital advertising industry is failing users, publishers and advertisers. The Basic Attention Token (BAT) solves the endemic inefficiencies and privacy violations hobbling the digital ad industry. "
"BAT has seen stunning results since its integration into the Brave browser’s first global private ad platform: 22.2 million monthly active users, 7.4 million daily active users, 1 million verified creators accepting BAT, millions of wallets created, thousands of ad campaigns with leading brands, and growing utility in the most innovative names in blockchain gaming. The results make BAT one of the most, if not the most, successful alt–coin projects to date."
Source: basicattentiontoken.org/
Thanks to BAT my prediction is that Google's advertising revenue is going to flow back into the bank accounts of the many that used Googles Adwords advertising system. Not only good for the affected small and medium businesses but also for the public now with BAT receiving rewards for engaging with an advertiser. Again, leaving the expensive middle-man out of the picture redistributes wealth to those actively involved with the business.
Basic Attention Token (BAT) also needs to make a decisionWarning: our thoughts are ours; not financial advice.
Yet another project we love and we keeping a very close eye on.
BAT hits the top of its ascending channel. A decision needs to be made soon to either break the channel to the upside or we see a pullback way down, a possible guess would be 30 cents.
Whatever happens, a pullback signals more opportunities to stack up some more. A continuation means we get to keep some profits. So, it's all win-win.
BAT/USDT Looking to Launch Its Rocket to the 0.3395 Mark 🚀🚀🚀💡 Trade Idea
📈 Buy Limit BAT/USDT @ 0.2892
🎯 Target Profit 0.3395
🛑 Stop Loss 0.2701
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was ranging within a bearish channel before succeeding to break it from the higher end. We have a confluence zone between a 61.8% Fibonacci retracement and the daily support which might lead to a move upwards to the 0.3395 mark.
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$BAT - Breakout BeautyYes lads, posted this setup 2 days ago now and it did exactly what we were after,
Really nice technical setup, partnered with good press allowed it to break to the upside nicely and return good profits on longs
Where next?
Of course I would like to see it try and claim the 0.786 but the sell pressure just beneath indicated by bearish engulfing suggests to me that its most likely suitable to close positions
Im looking for it to start trading between these higher levels than the lower ones which we broke out from - fundamentally it is strong so would be good to see this reflect in the price, instead of it just dumping back down to where it came from
Quick side note: BTC does look ropes which will harm altcoins, as there is a higher level of panic in the market, and this is most likely the reason we haven't got to $0.37 yet!
Basic Attention Token (BAT) Trading SetupBasic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.
This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.
What Makes Basic Attention Token Unique?
The primary use case for the Basic Attention Token is as a payment token for running advertising campaigns through Brave Ads. As of November 2020, advertisers must commit to a minimum ad spend of $2,500 per month to be able to launch their campaign, but a self-serve platform with potentially lower limits is currently in the pipeline.
Currently, this advertising budget must be paid entirely in Basic Attention Tokens, which advertisers can acquire from a variety of third-party exchange platforms. Out of this, Brave takes a small commission, and the rest is distributed to publishers and users.
Setup & Reasons:
BAT is a strong fundamental coin & blockchain project that will have it's moment at a point in 2021.
Trading setup with entries on explained on chart, we are currently outside of long downtrend channel waiting for upside momentum.
For details comment at any time!
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