BAT ANALYSIS (8H)From the point where we placed the red arrow on the chart, the correction of BAT has started.
It looks like a correction of a triangle.
The green area is the right place to finish the C wave of this triangle. We are looking for buy/long positions in the green range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BATBTC
#BAT/USDT#BAT
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.1550
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.1700
First target 0.1920
Second target 0.2033
Third target 0.2152
BAT: according to the news, nothing-the token is in accumulationGood day everyone 😊
🔎 Today we will look at the charts of the main TFs and the characteristics of the BAT coin (Basic Attention Token)
✔️ Let's start with the basic parameters of the token
Basic Attention Token (BAT) is a cryptocurrency created to improve digital advertising through the use of blockchain technologies. BAT's main goal is to improve advertising efficiency by reducing intermediation and improving interactions between advertisers, publishers and users.
BAT was developed by a team led by Brendan Eick, who is also the co-founder of Mozilla Firefox and the creator of the JavaScript programming language. He has significant experience and credibility in the technology industry, which adds credibility to the project.
📎 Main characteristics and principles of operation:
- Brave Browser: BAT is integrated with the Brave browser, which blocks ads and trackers by default, and also allows users to earn BAT tokens for viewing ads of their choice.
- advertising and rewards: advertisers pay BAT tokens to show their advertisements to users. Some of these tokens go to users who view ads, and the other part goes to content publishers.
- Transparency and control: Users have full control over their privacy and can choose which advertisements are shown to them.
📎 Historical analysis:
- Inception and ICO: BAT held its initial coin offering (ICO) in May 2017, raising approximately $35 million in just 30 seconds.
- rise and fall: The price of BAT fluctuated depending on the general state of the cryptocurrency market. It reached its maximum values during the general crypto booms of 2018 and 2021, but also succumbed to significant declines.
📎 Expanding user base: If Brave continues to gain popularity among users and advertisers, the demand for BAT will increase.
Further technological and ecosystem improvements may bring more attention to the project.
🔔 In February, Santiment notes a surge in the number of transactions exceeding $100,000
✔️ Graphic part
🔘 Month: the price is also in the zone of the previous accumulation phase
Below there are two liquidity points that have not yet been removed (perhaps they will not be), the mark of $0.1480 and the historical minimum of $0.0800
Global targets for growth and exit from accumulation will be points of $0.48, $0.98, $1.92...
🔘 Week: sideways movement with accumulation of liquidity
🔘 Day: the price is still in a descending structure
exit and consolidation above the level of 0.2001$ will show growth towards the IMB W zone 0.2296$ - 0.2362$
💭 I will buy this coin only after the daily structure is broken
❗️Not a financial recommendation; before entering into any transaction, conduct your own analysis of the asset
Happy deals everyone!
#BAT/USDT#BAT
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 0.2200 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with a strong downtrend
Entry price is 0.2550
The first target is 0.2856
The second target is 0.3122
The third goal is 0.3490
#BAT/USDT#BAT
The price is moving in a triangle on a 12-hour frame, which it adheres to perfectly.
We have a major support area at the 0.2500 level.
We have stability above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.300
The first target is 0.3200
The second target is 0.3500
The third target is 0.3790
BAT long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the BAT symbol.
In the ascending structure, we have SWAP zone, which is the place of buy long
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#BAT/UST#BAT
The price is moving in a bearish flag on the 12-hour frame
We also have a good penetration and therefore we seek stability
above moving average 100
We have a major support area at the 0.2100 level
We have a positive divergence on RSI
Entry area 0.2330
The first target is 0.2356
The second target is 0.2547
The fourth target is 0.2704
BAT is Bullish, after the pullback it will continue the trend BAT is Bullish, after the pullback it will continue the trend
🔵Entry Zone 0.3007 - 0.3184
🔴SL 0.2749
🟢TP1 0.3366
🟢TP2 0.3969
🟢TP3 0.4810
🟢TP4 0.5448
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✳️ Basic Attention Token | Trading Tips, Opportunity & MoreMany options... We have a lower low now in March 2023 for BATBTC, another one that went through a very strong correction, it is very likely that many gave up.
Zoom out and see a long-term higher low:
I felt a little embarrassed because I called this one several times and see how it goes. It went down more and more.
We can only spot the reversal signals, a bounce took place, a small bullish wave developed but it ended in a lower low but this doesn't change the potential long-term...
No excuses.
If short-term, sell portions on the way up or all after reaching your target.
If long-term, buy and hold.
I always use a mixture of both... Some Altcoins I hold long-term others I trade for learning, for profits and for fun.
Bitcoin I like to hold and accumulate but that is only when the situation allows, most of the time I have to sell to pay for stuff... Then cry and suffer as prices go up. Buy back again higher when people...
Have to go now.
Namaste.
#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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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
🔥🔥🔥
$BAT/#BTC [#Basic Attention Token]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $BAT / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.00001375 | 0.0000148 | 0.00001661 and the major support zones are respectively at 0.00001194 | 0.00001118 | 0.00000937. It is a bullish indication and we may consider entering at the current price zone at 0.00001348 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001348 ₿
▣ 24HVol: 16.478 ₿
▣ 24hChng: 6.815%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001375 | 0.0000148 | 0.00001661
◢ Support: 0.00001194 | 0.00001118 | 0.00000937
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.56 - Bullish
▣ Reddit sentiment score is 0.35 - Bearish
▣ In-depth BATBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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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).
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! :)
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.
✳️ 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.
BAT/BTC at key area, potential low-key breakout and fib time 1.0Seems to be retesting the mini-breakout of the long term downtrend trendline and is also in a triangle providing a juicy target if a breakout comes to fruition - at weekly trend based fib time of 1 ... if it breaks down then buy area down to 1 SAT barring some fundamental breakdown.. but its a fricking alt and BTC could still see $10K or lower. nfa; just noticed this today and thought it was worth posting .. not even sure I want to enter a position on it but it does seem to have clear invalidations - who knows, could see a retest of the swing low sfp type buy if the corn breaksdown ..all eyes on btc