#BAT/USDT#BAT
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.1550
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.1700
First target 0.1920
Second target 0.2033
Third target 0.2152
Batusdtshort
BAT - selling timingBYBIT:BATUSDT
4H time frame
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BAT forms a double top on 4H time frame chart, it breaks out the neckline of the pattern now.
We can short it here, and trading strategy as below.
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Profit Targets:
a) 0.3376~0.3291-----Fib(1.272~1.382)
b) 0.3110-----Fib(1.618)
Stop losses:
a) 0.406
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BATUSDTBATUSDT forming a M pattern
A good down move can be seen in this crypto
Enter after breakout or re-test.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
BAT/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
BAT/USDT breaks out an ascending triangle pattern and already retested it on the support of 200 MA.
Entry: CMP
Targets 20% TO 30%
Stop Loss: $15.52
What's your thought on this?
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#PEACE
BATUSDT ANALYSIS ⚡️⚡️ #BAT/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (10.0X)
Amount: 5.0%
Entry Targets:
1) 0.9389 -
2) 0.9412 -
Take-Profit Targets:
1) 0.9334 -
2) 0.9234 -
3) 0.9125 -
4) 0.9010 -
Stop Targets:
1) 0.9531 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (2)
Published By: @Tbae_Nike
BATUSDT Crucial PointAs you can see in the chart we have reached to a key area which has acted as support and resistance multiple times in both daily and weekly timeframe , having a look at price action in lower timeframes we see the price losing momentum, as well as obvious divergence in RSI which is giving us lower highs.
Other than the reasons above the price is almost hitting top of its current channel.
Based on my analysis I believe price is gonna come back to its previous strong support area which basically is a previous key area as well as having both EMA50 and EMA100 together as support, we will then need to see how the support is reacting.
NOT FINANCIAL ADVISE
BATUSDT at a decisive level: 0.85 or 0.45 ?2 very nice patterns : showing a decisive point.
A Gartley with targets at 0.55 and 0.45
and
A bull flag with a target for the pole at exactly 161.8 Fibonacci level
For the bullish scenario, it has som important resistances to break tho with a bounce on 78.6%. Going for a retest ?
Interestingly, a strong sign would be a nice coup and handle pattern to form, which would retest the breakout and then confirm it on Daily chart. Please see the linked chart.