BATUSDT moving close to breakout!BATUSDT is currently moving inside symmetrical triangle and is at the point of breaking out where volume took an upswing. I would buy in the green box where my first sell target is around 27 cents.
BATUSDT trade ideas
BAT/USDT Fundamental & technical AnalysisWhat Is a 🌟Basic Attention (BAT) 🌟Token?
BAT is short for Basic Attention Token; it is a digital advertising token which is built on the Ethereum blockchain. The purpose of the BAT token is to create an ad exchange marketplace which will connect the advertisers, publishers, and users in a decentralized manner.
The Basic Attention Token (BAT) was created by the co-founder of Mozilla and Firefox, Brendan Eich, in an effort to improve the security, fairness, and efficiency of digital advertising through the use of blockchain technology. It is the native token of the Brave web browser and is built on top of Ethereum. BAT's white paper is dated January 7, 2018. As of 2020, the project is still being developed, although a beta version of the Brave browser is available for download.
As blockchain and digital currencies continue to proliferate, companies have sought new ways to apply this innovative technology to older problems and issues, such as web browsing and web-based advertising.
BAT Token Value
According to its white paper, the Basic Attention Token launch aimed to raise a total of $24 million USD. According to Coincodex, "The Basic Attention Token reached its highest price on January 9, 2018, when it was trading at its all-time high of $ 0.999568. It has a circulating supply of 1.36 billion BAT with a total supply of 1.50 billion BAT."
The exchange rate for BAT is set at 6,400 BAT per ETH, meaning that as the price of Ethereum climbs or falls, the price of BAT will be adjusted proportionally as well.
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❇️Quick Technical analysis
currently by rising of the ethereum marketcap , this coin also faced a sharp rise, and now we can consider this coin as a good investment opportunity technically,it's trading within bullish run and possibly looking to grow more by more . Looking on last weekly candle shows that ,it proceed the trend after a short breather.
And considering the volumes of Huge purchases that have been made in the price range of $ 0.18 to $ 0.27, the possibility of heavy correction is low.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
BAT- Long-term weekly S/R flip aheadAfter more than 70% retracement, BAT is poised for another run once the derivative data turns bullish.
Long-term weekly S/R flip is the last hurdle to clear.
BATUSDTBAT looks like he will explode.
Good teamwork from devs will give the result.
One of my longhold favorite coin.
We will talk more after we get 0.5$.
BATUSDT 16hour: BEST Level to BUY/HOLD 40% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
BATUSD H16: BEST Level to BUY/HOLD 40% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BATUSD 16hour chart review
::: expecting more gains soon
::: however also a pullback from
::: overhead resistance
::: BUY/HOLD and get paid. 40% gains BULLS
::: recommended strategy: BUY/HOLD
::: wait for pullback 0.24c reload
::: BUY from mirror S/R level
::: SWING TRADE: BUY/HOLD IT
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
BATUSD D1: BEST Level to BUY/HOLD 30% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
BATUSD D1: BEST Level to BUY/HOLD 30% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I expect more gains
short and mid term.
🔸 Summary and potential trade setup
::: BATUSD daily chart review
::: expecting more gains soon
::: however also a pullback from
::: overhead resistance
::: BUY/HOLD and get paid. 30% gains BULLS
::: recommended strategy: BUY/HOLD
::: wait for pullback 0.24c reload
::: BUY from mirror S/R level
::: SWING TRADE: BUY/HOLD IT
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
BATUSDT Descending Channel BREAKOUTBAT/USDT currently trading at $0.221
LONG ENTRY LEVEL :$ 0.205 to 0.222
STOP LOSS ( support): Below $0.186
Resistance level 1(Target) : $0.275
Resistance Level 2(Target): $0.315
Resistance Level 3(Target): $0.435
Risk Reward Ratio: 1:6
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
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✳️Basic Attention Token/USDT (14/11) #BAT $BATBAT is forming a Symmetrical Triangle pattern but the buying force has weakened, and BAT is being pushed out of a pattern on the lower edge of the triangle and volume is not good so it looks like it will be pushed back to 0.18$ zone or even 0.15$.
Only when BAT closes a 1D candle above 0.2-0.205$ zone will BAT resume its uptrend with targets of 0.23$ and 0.28$
📈BUY- LONG
-Buy: 0.18-0.185$, stoploss if B
-Buy: 0.145-0.15$, stoploss if B
📉SELL-SHORT
-Sell close to 0.2-0.205$, stoploss if A
-Sell close to 0.18-0.185$, stoploss if A
♻️BACK-UP
-Buy close to 0.2-0.205$ if A, stoploss if B
-Sell: 0.23-0.235$, stoploss if A
-Sell: 0.275-0.28$, stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
basic attention tokenidk what funny bussiness is going on here but batusdt has been on the consildation phase since august 20th and there was a little tell tale sign of a major reversal happening on the daily chart, there is usally a drop in price larger then average and with that sell of the money flow index turns green lighting up and there becomes a small back and forth with the selling and whales buying up all the supply, soon the price goes crazy like it happened before when bat went from .21 to .4
currently were sitting uner .2 and theres been alot of doji candles with longer wicks and increasing activity on the macd, some time this week if the stars align we might see 100% jump and thats without the leverage margins, could be a good christmas and maybe daddy here will get a ps5 and a new hobby for awhile lol
Basic Attention Token - BAT/USDT - Breakout Downtrend 19-11-2020Oh yes it is certainly possible that BAT will reach new highs in the coming weeks
BATUSDT - Rejection of descending channel resistance 🔽. BATUSDT is testing the descending channel resistance.
The market is printing a pennant chart pattern.
Sell entry ⬇️ - breakdown below the pennant support + previous swing low.
Target - descending channel swing low, descending channel support.
BATUSDT - Short positionBelow the Static resistance and on the top of downtrend channel So It seemed like a good short position to me
SL above the resistance and downward trendline
Basic Attention Token (BAT/USDT) trading planBAT currently trading within a descending channel and possibly looking to break out. Looking for a daily candle reclaim of 20.61 to initiate Entry. TP's and Entry level on Chart. Stop loss below last 4hr Consolidation. R:R = 3.7 to 7+
