BAT TOKEN 4 YEAR SUPPORT LINE BAT token has bounced off of a 4 year support line and the last time it hit this, it had 4 GREEN months! Buy and enjoy the ride.
Basicattentiontoken
BAT/USDT Ready to Breakout of Descending Channel? 👀🚀💎Paradisers, let's dive into the recent market dynamics of #BAT, which have been quite intriguing.
💎Following a retest of the support within a descending channel, #BasicAttentionToken seems poised to challenge the resistance zone above. If #BAT breaks out of the descending channel, it might retrace to retest the newly formed support at the resistance level.
💎If a breakout doesn't occur, there's a high chance that #BATUSDT will rebound from the support area around $0.245. A successful bounce here would suggest strength and indicate readiness for another attempt to break through resistance.
💎If TSXV:BAT manages to breach this resistance level, it could signal a shift toward bullish sentiment, potentially leading to further upward movement toward our target resistance zone.
💎However, if BAT fails to rebound from the support area and drops below it, the price could head towards the Demand Area. Historically, BAT has shown resilience and the ability to bounce back from this zone to reclaim support.
💎Yet, if BAT finds no support even in the Demand Area, it could raise concerns about a bullish reversal. A candle closing below this level would invalidate the bullish outlook, suggesting further downward movement.
Basic Attention Token (BAT)Basic Attention Token is an advertisement-based reward platform on which users can watch ads through the Brave Browser and receive BAT rewards in return. Anyway, BAT's start was not like most crypto projects, which went downtrend immediately, though later BAT entered a downtrend move anyway. Recently, BAT broke the downtrend line, made a double bottom as well as a harmonic pattern, and seems to have started an upward wave too. Let's see what happens.
BAT/USDT Preparing for a Bull Run? 👀🚀BAT Analysis 💎 Paradisers, prepare for an exciting phase in #BAT's market evolution, signaling a potential bullish rise from its current demand zone.
💎 After encountering resistance at a significant supply zone at $0.264, BasicAttentionToken has notably moved through buy-side liquidity. This development may lead to a short-term dip before embarking on a bullish resurgence from the key demand zone at $0.195.
💎If BAT builds sufficient bullish strength at this point, we could see an assertive move towards, and potentially breaking through, the established supply zone above.
💎 Given the dynamic and ever-changing nature of the crypto market, a versatile and proactive strategy is crucial. If #BAT meets resistance in securing its position within this important support zone, a swift and strategic shift might be necessary for success.
💎 In this event, we would activate our alternate strategy: aiming for a bullish movement from a lower demand level at $0.166. This level becomes critical, as breaking below it could signal the onset of a bearish trend in #BAT's market journey.
BATUSDT Signals Bullish PhaseBATUSDT's recent breakout above the downtrend trendline and respect for the demand zone affirm its ongoing bullish phase.
With Basic Attention Token currently trading near the downtrend trendline, which could act as support, we anticipate a potential continuation of the uptrend.
A target at the 261.8% Fibonacci resistance level suggests the potential for a substantial 60% rise from the current demand zone.
BAT - The FRACTAL No One Talks About💥Hi Traders, Investors and Speculators of the Charts 📈📉
For the longer term, Basic Attention Token BATUSDT is another altcoin I am extremely bullish on - and it's currently trading in an ideal accumulation zone ! What I expect for BAT is similar to a scenario that played out in November 2020 - April 2021. Notice that this occurs over a longer period, where the price of BAT went from $0.16c parabolic to $1.64 at its highest point. Therefore, the price must first fall lower towards the bottom of the support zone where there is a large demand zone . In other words, DOWN first, then UP.
And remember.. Don't be a Bob-Trader:
The continues market cycle between Bitcoin and altcoins can clearly be seen at the moment. It goes something like this:
🤩 Bitcoin goes UP ... Bob Fomo buys the rally
🤔 Bitcoin corrects ... Bob panics and sells
🤑 Altcoin rallies ... Bob thinks, screw BTC , I'm going all in on this altcoin
😨 Altcoins correct ... Bob panics. Altcoins are scams! Sells everything
🤩 Bitcoin goes up .... Bob Fomo buys the rally
Moral of the story...Don't be like Bob. Don't try to FOMO in whilst the price is going up. Plan your trade, preset your TP and SL.
While you're here 👀 Check out this idea on Bitcoin:
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CryptoCheck
Can $BAT Do It This TIme?BAT looking good for a long. Weekly Timeframe so higher than usual SL & the Targets are very juicy!
BAT/USDT next move ?👀 🚀BAT Today Analysis💎BATUSDT appears primed for a bullish move, given the presence of an unmitigated Order Block (OB) above.
💎 Looking back, we noticed a shift from demand to supply, causing a significant drop for BATUSDT. Once it swept the downward liquidity, it set an upward momentum.
💎 Notably, the first bounce was stronger than the second, indicating less liquidity and suggesting that the price is expected to mitigate the unmitigated OB.
💎 However, if the price drops below the critical point, it could experience a 13% downward move.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
BASIC INDICATOR GUIDE & MARKET PHASESBasic Indicator Guide for Trading.
Like & share it with others!!
✅Moving Averages: Moving averages calculate the average price over a specific period to smooth out price fluctuations and identify trends.
✅Parabolic SAR: The Parabolic SAR places dots above or below the price to indicate potential trend reversals, helping traders identify when to enter or exit positions.
✅RSI Indicator: The Relative Strength Index (RSI) measures the speed and change of price movements. It ranges from 0 to 100, with values above 70 indicating overbought conditions and values below 30 indicating oversold conditions.
✅MACD Indicator: The Moving Average Convergence Divergence (MACD) consists of two lines and a histogram. It helps identify trend changes and momentum shifts by analyzing the relationship between two moving averages.
✅ATR: The Average True Range (ATR) measures market volatility by calculating the average range between high and low prices. It helps determine stop-loss levels and position sizing based on current volatility.
✅Bollinger Bands: Bollinger Bands consist of a middle band (usually a moving average) and two outer bands representing price standard deviation. They indicate volatility, with wider bands suggesting higher volatility and narrower bands indicating lower volatility. They also help identify potential price reversals.
Which is your favourite indicator? Comment below👇🏻
BATUSDT - Parabolic Fractal +740%🦇Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
For the longer term , Basic Attention Token is another altcoin I am extremely bullish on - and it's currently trading in an ideal accumulation zone ! What I expect for BATUSDT is similar to a scenario that played out in November 2020 - April 2021. Notice that this occurs over a longer period, where the price of BAT went from $0.16c parabolic to $1.64 at its highest point. Therefore, the price must first fall lower towards the bottom of the support zone where there is a large demand zone . In other words, DOWN first, then UP.
Interested in Litecoin / LTCUSD ? Check out this idea, which is currently playing out 👀
Why LTCUSDT Can Increase Another +50% 📈
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CryptoCheck
✴️ Everything Bullish | Basic Attention TokenThere are so many bullish charts that I don't know which ones to post...
It feels kind of surreal but it happens like clockwork every few months.
BATUSDT getting ready to grow.
Namaste.
#BATETH - Heading back to All-Time Low Soon?A very strong historic trend line has just been tested and rejected the price once again - but we're already quite near the all-time low of #BasicAttentionToken / #ETHEREUM already.
We can see almost 10% coming off the price quite easily, that's a good profit already, with the potential for over 20% if we reach the ATL once again.
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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#BATBTC - 20% Drop to Support IncomingWe're very close to reaching a critical pinch point for #BAT / #BTC, but we've got enough time to get one last 20% Short trade in!
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Crypto Tipster v2
theCrypster
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Basica attention token ideaA very common question when it comes to Basic Attention Token (BAT) is: “Why would Brave Browser need a token (BAT) for this?”. And the answer lies within Brave’s unusual, yet respectful approach to digital advertising. Brave’s advertisements are privacy centric (does not track the user), and are opt-in only (you only see it if you choose to).
Basic Attention Token BAT/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I copied the chart from Coinmarketcap since tradingview doesn't have the full historical price data of BAT.
The start of this wave 1 begun around .07 cents and wave 5 ended at $1.9. On this chart I have drawn a completed WXYXZ wave cause I think the bottom is in.
We do have a possibility of another leg down to .09 cents. However, I think that is very unlikely, but I will show you that in an updated chart below zoomed in.
From today's price the R/R ratio is 18.
Possible upside 1137%
Possible downside: 63%
Wave 1 on the bigger trend took us 4 years to complete.
Wave 3 on the bigger trend should take us at least 4 years. My estimated guess is about 6 years. JAN 2023 - DEC 2028.
BATBTC - Rise, Rise & Rise Again?We've just closed a Short trade and netted a nice 15%, which feels good. What feels better is looking at the possibilities with the Long signal we've received from Crypto Tipster v2. BAT has been trending downward for a little while, to the point where it broke below recent support levels, it has since created a new pivot low and restored some of it's previous losses.
We can foresee a return to inside the historical trending range, that's step one - it then wouldn't be too unbeleivable to bust out the topside of this descending wedge, and if this was to happen there's not going to be much resistance until the 1730 level, which would net around 50% gains on a Long trade.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
✳️ Basic Attention Token Activates Long-Term Support (100-300%)Basic Attention Token (BATBTC) is now activating a long-term support level which can lead to a massive bullish wave.
When this level was conquered back in January 2021, a bullish wave followed.
In October 2021 BATBTC bounced before reaching the long-term support producing another bullish wave.
In June 2022 the same support level became relevant again... BATBTC produced another bullish wave before hitting this level.
Now, in Dec. 2022, BATBTC tested this long-term support once more and is going green for the first two week of 2023.
As this long-term support comes into play again, the possibility is HIGH for another bullish wave.
Hundreds of percentage points of growth possible in the weeks and months ahead.
Note: Growth potential is always much, much higher if we look into the long-term based on multiple years.
2024 We will have massive growth and the next bull-run can happen late in this year or in 2025.
Namaste.
Basic Attention Token BAT Basic Attention Token BATMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Basic Attention Token BAT, which is overvalued.
BAT/USDT short
Entry Range: $0.32 - 0.34
Take Profit 1: $0.30
Take Profit 2: $0.28
Take Profit 3: $0.26
Stop Loss: $0.38
BAT 100% PROFIT POTENTIALBat Testing Trendline In Daily Timeframe
Incase Of breakout Expecting 100% Bulish WAve
BATUSD - Reached Underlying UptrendBAT has been through some bearish action following a double top structure
Right now it has reached an underlying uptrend in white
This is a good point for a potential recovery, entry for the bulls
BAT - time to trim the sheep🐑Reasons to take short:
⭐️ BTC bearish
⭐️ Formation is 24 days old
⭐️ In the end of formation
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ Had false breakout
⭐️ 5th touch
⭐️ 55 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Basic Attention BATUSDT - ABC completed! + Falling wedge!- On the daily chart, we can spot a falling wedge and the price is currently above the wedge.
- Due to my Elliott Wave analysis, the ABC correction should be completed and we are ready for a new bull market!
- You can buy a breakout above the black tripple top resistance line.
- If we look at the volume indicator - we can see a huge bullish volume spike, which is definitely a great sign.
- Profit target: 0.618 FIB + Previous triangle POC.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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BAT - Short Term TradeBAT is making higher highs ad price is above all EMAs on 4hr Time Frame, it looks bullish and perfect trade opportunity to take long. Note: Keep a tight stop loss of 3.7% and target profit is 40%, so risk to reward ratio is good.
