BAT/USDT Analysis: Ready for a Breakout?👀👉 Currently, BAT/USDT is trading within a range on the 30-minute chart. We're at a pivotal moment where a breakout could occur in either direction—bullish or bearish. While the higher timeframes indicate a bullish trend, predicting cryptocurrency movements can be quite challenging. We must remain cautious, as sideways price action often leads to unexpected rallies or declines. A strategic approach is to wait for a decisive break above or below the current range. This will help us identify the direction to engage in the market effectively. Remember, this video is intended for educational purposes only and should not be considered financial advice.
Basicattentiontokenusdt
BAT Sell the resistance.BATUSDT - Intraday - We look to Sell at 0.895 (stop at 0.961)
Daily signals are mildly bearish.
Bespoke resistance is located at 0.900.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 0.711 and 0.651
Resistance: 0.850 / 0.900 / 0.920
Support: 0.800 / 0.750 / 0.700
BATUSDT completed Gartley move | Upto 35% move expectedOn daily chart, the price action of Basic Attention Token has formed Gartley pattern and reached in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Gartley pattern should be:
Potential reversal or buying zone: $ 0.2184 to $ 0.1994
Fibonacci projection or sell zone: $0.2333 to $0.2694
Stop Loss:
The potential reversal zone area that is up to $ 0.1994 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 35% and as per the above-mentioned stop loss, the loss possibility is 8.7%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Basic Attention Token [BAT/USDT] on July 12 (#BAT #BATUSDT)Even BAT has some selling pressure but I think it is not ready to be dumped in next days
We still can accumulate it in the range of 0.24-0.25$ for big pump to next targets about : 0.32$ - 0.4$ or even the highest point 0.5$
Be careful if it drops below 0.235$ because it will drop sharply to 0.2$ or even 0.15$