BAT About to Break Out or Break Down? Critical Levels You Can't Yello, Paradisers! Could #BAT Be Ready to Explode? Here’s Why You Need to Watch Closely!
💎#BATUSDT is currently sitting at a critical demand zone of $0.1690, and it’s showing signs of a potential bullish continuation. We’ve been tracking #BAT closely as it navigates a descending channel, and it’s now on the brink of a breakout. If the price maintains this upward momentum, a powerful bullish surge could be on the horizon.
💎For this bullish scenario to play out, #BAT needs to break above the internal resistance level at $0.2070. A successful break here could ignite a significant rally, with the initial target set at the minor resistance zone of $0.2715.
💎 However, stay alert! If momentum fades at the demand zone, a rebound could occur from the lower support area around $0.1482. A daily close below this support would invalidate our bullish outlook and potentially lead to further declines.
💎Stay sharp, Paradisers! Keep a close eye on #BAT's price action because the next move could be a true game-changer. Remember, patience and discipline are key to capitalizing on these market opportunities!
Trade smart and stay focused – the best opportunities are often just around the corner!
MyCryptoParadise
iFeel the success🌴
Batusd
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.
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
BATUSDT (Long) - Inverse Head and Shoulder PatternInverse Head and Shoulder Pattern forming on BATUSDT.
Right shoulder has just been formed at 0.15.
Neckline is at 0.18.
Price is projected to touch 0.255 which is about 50%+ move from current price of 0.1617.
Not to forget, 0.255 is also resistance from a long term trendline on Daily
#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 #BATUSD #BATUSDT #Analysis #Eddy#BAT #BATUSD #BATUSDT #Analysis #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of #Bitcoin from the link below :
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
BAT, Imminent Price Growth after weekly breakout!BAT recorded significant net buying / accumulation this past few days warranting a +40% surge on its recent low from 0.15 to the current range at 0.21.
On weekly data histogram, the coin registered higher lows -- where the gap between the last histogram "shift" and the last one was 6 months (last January 2023). This is a huge hint of a reversal. A weekly descending trendline has been broken conveying a turnaround season for the coin.
Pricewise, it is sitting at a 1.0 FIB level, this is beyond bargain / discount already. The range is currently hovering around a 3-year long standing strong support. Expect some significant price growth from here on.
Spotted at 0.20
TAYOR.
Safeguard capital always.
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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We thank you for your support !
CryptoCheck
BAT - Breakdown of daily channel
BAT has been in a channel for ~45 days with a few attempts to break out to the upside but were pushed down by sellers.
On the 12H we can see it broke down out of the channel, retested and had a bearish candle after retesting.
I'm going to be opening a short with a TP at the golden fib line.