BATUSDT trade ideas
BAT Might Launches Its Rocket 🚀🚀🚀💡 Trade Idea
📈 BAT/USDT Buy Limit Order @ 1.4604
🎯 Target Profit 1.5588
🛑 Stop Loss 1.4225
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck!
Description:
The pair managed to break the wedge formation to the upside by posting an inverse head and shoulders near the lower end of the wedge. Now the market is trading near the 1.4583 USDT mark where we expect further movement to the upside to our target profit.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
BAT ready to break ATH and push towards $3 and beyondBAT/USDT successfully broke out from the inverse head and shoulders pattern it formed and is now looking to break upwards past it's ATH towards my target of $3.
It will be interesting to see how this plays out over the coming weeks ahead with May being a historically bullish month for altcoins. Be sure to follow me on TradingView to stay updated and for future analysis.
BATUSDT is creating an inverse head and shoulder 🦐BATUSDT is creating an inverse head and shoulder below the daily resistance after the price found the support on the daily trendline. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BAT BEARISH if BTC trend changes up BAT will follow. We took a nice profit on BAT when the bear tunnel temporarily broke into consolidation. We had a limit order on BAT with 10X leverage on 0,205 and sold on 0.24. Now the BAT is forming a bearish signal and as BTC is also looking bearish we could see a drop in BAT price to 0.17 to 0.18 levels. Currently 0.18 looks like lucrative limit order price. First limit order on 0,205 and more on 0.18. As it might be that we never reach the lower support level.
However if BTC changes the trend to up, BAT will follow fast with bullish trend. We linked our BTC analysis for your reference.
BAT/USDT can create a new ATH after a Healthy correctionHi every one
BASIC ATTENTION TOKEN / TETHERUS
BAT has started a heavy correction recently you might wonder why? well if we use the Elliot waves principle we can understand that the price has completed the first 5 impulse waves and the correction waves has begun! as you can see the A and B waves are completed and the next expected movement is another correction wave so that the Elliot waves would be completed! as you know after the completion of Elliot waves the trend would continue and since the trend is bullish these days the price can create new ATH after this healthy correction.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck