BATUSD trade ideas
BATUSD - Triple BottomA triple bottom has formed along the green horizontal line.
This is within a down channel so I expect once a small bounce happens upwards, continuation downwards will occur.
If this downwards continuation does not occur, assume full bullish.
Flight Of The BAT 🦇 Bat looks like it's ready to move. I have placed a long position overlay as a reference. Enjoy, trade safe!
✴️ Basic Attention Token Cup & Handle, Ultra-Bullish SetupBasic Attention Token (BATUSD) went through the same pattern as all the other Altcoins, that's the 1,2,3,4 Steps Pattern.
This pattern ended in a classic Cup & Handle that is already breaking upwards leading to an ultra-bullish chart setup.
Why is this chart setup ultra-bullish?
BATUSD currently trades above its November 2022 low, the last major low that needed to be conquered.
The current price also trades above EMA50 with bullish indicators.
With the Altcoins market being bullish as a whole, these are really strong signal as no resistance remain.
The doors are open for a major bullish wave. Notice how steep the climb was in Jan/February of this year... We can see something similar leading to higher highs.
Bottom line: Huge growth potential.
Namaste.
BATUSD (Daily) - Bullish reversalHi Traders
BATUSD (Daily Timeframe)
Waiting for the upward break of 0.217 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.183 would cancel the bullish scenario.
Trade details
Entry: 0.217
Stop loss: 0.183
Take profit 1: 0.237
Take profit 2: 0.271
Score: 6
Strategy: Bullish reversal
All alts with this Chart Pattern will fly. Being Accumulated.My previous post on Bitcoin was wrong. Despite seeing a hidden bearish divergence signal, they sometimes appear falsely at bottoms when reversing.
While looking at alts, I noticed this about them. Zooming in to hourly time frames (I got several points of confirmation, including increase in volume with price jump) that all alts with this pattern are being heavily accumulated. This is ground zero of the alt run.
You need to buy all alts with this chart. Right. Now.
BATUSD (4H) - Bearish breakoutHi Traders
BATUSD (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.1955 support level. Only the upward break of 0.2082 would cancel the bearish scenario.
Trade details
Entry: 0.1955
Stop loss: 0.2082
Take profit 1: 0.1876
Take profit 2: 0.1749
Score: 8
Strategy: Bearish breakout
BATUSD (1H) - Bullish reversalHi Traders
BATUSD (1H Timeframe)
Waiting for the upward break of 0.239 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.232 would cancel the bullish scenario.
Trade details
Entry: 0.239
Stop loss: 0.232
Take profit 1: 0.244
Take profit 2: 0.251
Score: 7
Strategy: Bullish reversal
Crypto BATUSD LONG TF D1. TP = 0.3420On the daily chart, the trend started on January 1, 2023 (linear regression channel).
Since the trend is not over yet, there is a high probability of profit.
A possible take profit level is 0.3420
But do not forget about SL = 0.22
Good luck!
Regards, WeBelieveInTrading
BATUSD Valid Breakout???BATUSD has made a Breakout into bearish tendencies. Will this trend continue? Most likely this will happen and continue. Take care guys. This is not financial advice.
80% winrate do a backtestinghi, in this strategy you will make a 80% of your capital please do a backtesting i did t so , you will make alot of money in not time
BATUSD (4H) - Bullish Wave LTFHi Traders
BATUSD (4H Timeframe)
A Medium probability, entry signal to go LONG will be given with the upward break of 0.315 after the market found support at 0.305. Only the downward break of 0.305 would cancel the bullish scenario.
Trade details
Entry: 0.315
Stop loss: 0.305
Take profit 1: 0.333
Take profit 2: 0.352
Score: 6
Strategy: Bullish Wave LTF
BATUSD Long ideaBATUSD - Basic Attention Token Crypto
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Long idea on this crypto asset - BATUSD.
On the chart are the initial targets.
Heed your DD!
Bullish Engulfing Candle For BATUSD Start of Alt Season?Some $#!+ coins showing life.
You are responsible for the choices you make. I'm just a guy looking at pictures. This is not advice.
BAT is going to moon hardBAT has been under accumulation for over 5 years now. When the ICO was held for BAT in 2017, Brave got 1/3 of the circulating supply to use for growth purposes such as the referral program. As of now, Brave has used nearly all of their ICO funds and the supply is now fully circulating. The browser now has tons of users and the search engine traffic is growing fast. The problem with BAT up to this point has been a lack of utility but the new roadmap that comes out this month is going to include a lot of new use cases for BAT such as keyword staking and some other things. The BAT ads for the search engine should be rolled out within the next few months as well. The order books on this coin are already incredibly thin, and even the small BAT buys for the notification ads leave a huge footprint in the price. When the search ads come out the size of ad purchases will increase drastically and there will be tons of money pumped into this coin. BAT will have nowhere to go but UP.
Mark my words - BAT will do 100x from here.
BATUSD huge downside potential (50 % dump)BATUSD looks like it's ready to capitulate together with other altcoins.
Support already failed (check on daily or lower timeframes). We expect a follow through in the next days and weeks.
There are multiple support levels (red lines) where you can take profit if you're shorting.
If we see 50 % capitulation, it may a great buying opportunity, however BAT is a coin from 2017 so it's kinda old coin so the risk may be even higher as nobody knows how much money the team has to continue this project.
Anyway, the chart looks ugly and most likely it will become worse before we see a rise.
But wait, their's more.I believe BAT will continue to fall for at least the next 20 days. It still has about 20% to go until we hit the floor on Gemini. What do you think?
Logscale Bullish Shark on BATThe Weekly Chart has a Logsclae Bullish Shark and Falling Wedge and is looking to atleast reclaim that 61.8% Retrace Area.
BATUSD shortTwo levels of supply ill find it hard to even move past the first dropping -29% percent in the last 5 days and is predicted to be a dollar by 2024 at current pace.
