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Bat

Alikze »» BAT | Ready to break the resistance zoneBasic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend. 🔰 The market has a good small cap that has now retraces more than 23% of the previous wave in the weekly time after a complex combination correction that has bottomed in the 0.15 range, which has met demand and is currently in an important supply zone. After its failure, it will have the ability to move to the specified goals. 🔰 According to the momentum and upward guard and the failure of the previous supply area and the sub-swing, the closest target will be the 0.44 range. ⚠️ In addition, if the candle closes below the 0.2440 area, the movement scenario should be updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
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.
Long
by SaeedSalehinia
Bitcoin Analysis: Potential Resistance AheadOverview: Bitcoin (BTC/USD) is approaching a key resistance level at $72,295, which could impact its near-term price action. Here's a breakdown of the current analysis and potential trading opportunities. Technical Analysis: - Resistance Level: Bitcoin is approaching a significant resistance level at $72,295. - 4-Hourly Chart: A close above this level could indicate further upside potential, with the next resistance at $73,785. - Buying Opportunities: Potential buying opportunities exist at $67,923 and $65,244, where price action may pause or reverse. Trade Strategy: - Resistance Breakout: If Bitcoin closes above $72,295, it could signal a bullish continuation, with targets towards $73,785 and beyond. - Buying Zones: Look for buying opportunities at $67,923 and $65,244, with confirmation from candlestick patterns indicating a potential reversal or pause in the downtrend. Risk Management: - Set stop-loss orders below key support levels to manage risk. - Adjust position sizes according to risk tolerance and trading strategy. Your Opinion Matters! What's your take on Bitcoin? Do you anticipate an upward or downward movement? Share your thoughts in the comments below! 👍 Like if you found this analysis helpful! Follow for more updates on Bitcoin and other cryptocurrencies! Remember to perform your own analysis before making any trading decisions.
BITSTAMP:BTCUSDShort
by RaynLim
Buying Opportunity on NZDUSDThis week, I'm eyeing a potential buying opportunity on NZDUSD, and here's my trade plan: 1. Bullish 5-0 Pattern on Weekly Chart: The NZDUSD is currently in the zone of the Bullish 5-0 Pattern on the Weekly Chart, signaling a potential buying opportunity. 2. 4-hourly Chart Setup: The 4-hourly chart presents a candlestick confirmation at the Potential Reversal Zone (PRZ), indicating a possible entry point for long positions. 3. Confirmation with 3-Bar Reversal: Despite the candlestick confirmation at the PRZ, I remain cautious and will wait for further confirmation. I'm looking for a 3-bar reversal pattern, where the next candle closes above 0.6089 and retests the level at 0.6083 before considering a buying opportunity. By waiting for the 3-bar reversal pattern, I aim to ensure a stronger confirmation of the bullish momentum before entering the trade. What are your thoughts on NZDUSD? Feel free to share your trade plans and insights below! Wishing everyone profitable trading ahead!
Long
by RaynLim
Banknifty Bearish 🐻Wolfewave with Bearish Bat 🦇Bank Nifty Analysis: A Confluence of Bearish Signals Across Timeframes Our in-depth analysis of Bank Nifty across various timeframes reveals a compelling collection of bearish indicators, suggesting a cautious approach for investors. Among these, the Bearish Wolfe Wave patterns on both weekly and H4 charts stand out, alongside the activation of the Bat Action Magnet Move (BAMM), pointing towards a potential downward trajectory. Key Technical Observations: Bearish Wolfe Wave Patterns: The identification of Bearish Wolfe Wave formations in both the weekly and H4 timeframes suggests an imminent reversal from the current bullish trend to a bearish trend. Bat Action Magnet Move (BAMM): This phenomenon indicates that the price is gravitating towards a significant level of resistance, potentially marking a pivotal turning point for Bank Nifty. Proximity to Resistance Levels: The price is nearing a critical juncture as identified by Read the Market (RTM) analysis, specifically the Left Shoulder (LS) Kink, which aligns with a Maximum Pain Level (MPL) and a Minor Flag Limit (FL). This cluster of resistance reinforces the bearish sentiment. Anticipation of New Supply Formation: Although bearish indicators are prominent, the formation of a new supply zone is eagerly awaited. Predictions suggest a brief upward movement towards the BAT Pattern Recognition Zone (PRZ) and LS Kink, where new supply could emerge, setting the stage for a significant downturn. Elliott Wave Analysis: From an Elliott Wave perspective, the market is currently in a correction phase, with an expected follow-up of an impulsive decline mirroring the previous impulsive fall labeled as "A". This symmetry supports the forecast of a downturn, where "A" equals "C" in magnitude. Observation on Divergence: The current analysis notes the absence of strong divergence signals. This lack suggests that, despite the bearish outlook, traders might benefit from awaiting more robust divergence indications before positioning themselves. Conclusion : The aggregation of technical indicators, including Wolfe Wave patterns, BAMM, and resistance confluences, directs us towards a bearish forecast for Bank Nifty. However, a strategic pause is advised until the formation of a new supply zone and the emergence of stronger divergence signals are observed. This cautious stance will enable investors to make informed decisions, leveraging the detailed insights provided by this analysis. Visual Analysis Links: Daily Timeframe Analysis M15 Timeframe Analysis
NSE:BANKNIFTYShort
by Indyan
MKR is poised for a major breakout!Technical analysis shows: MKR is about to break through a key resistance level at $2969. RSI is coming out of the overbought zone, indicating that a price correction is unlikely. MACD shows that the strong uptrend is still in place. Recent news is also positive: Coinbase Custody will support the MKR token. Grayscale Investments has added another 25,000 MKR to its portfolio. The MakerDAO protocol is developing a solution for the DAI stablecoin with Bitcoin collateral. All of these factors indicate that MKR has strong potential for growth in the short term. Entry point: Buy if the price breaks above $2969 and stabilizes above this level Stop-loss: $2763 Target: Determine your risk tolerance before setting a target. Note: Do your own research and use a proper risk management strategy before entering any trade. Are you ready to enter the trade? Additional information: Timeframe: 4-hour chart Indicators: RSI, MACD Support: $2763 Resistance: $2969 Disclaimer: This analysis is for informational purposes only and should not be considered as trading advice. Always do your own research and consult with a financial advisor before making any investment decisions.
by rkazimi97