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.
Batusd
RLinda ! BATUSDT-> Coin prepares to riseBATUSDT on the background of the rollback of the whole cryptocurrency market feels quite confident. Breaking resistance in the moment passes into the consolidation phase in the long zone
Breaking through the wedge resistance can provoke the price for a strong momentum. At the moment the key support level of 0.2195 plays an important role. If the bulls manage to hold this level, the price can create a good upward movement in the near future. The "Downward Wedge" pattern is a bullish set-up.
I expect the price to consolidate above the level of 0.2195 and form a growth. The short-term target is resistance at 0.2847. Medium-term targets are 0.3432 and 0.4354.
Regards, R.Linda!
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.
3000% opportunity bat batusdt great scenery3000% opportunity bat batusdt great scenery
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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/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ BAT/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.2951 - 100.0%
Take-Profit Orders:
1) 0.3154 - 65.0%
2) 0.3327 - 15.0%
3) 0.3500 - 13.0%
4) 0.3770 - 6.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
BAT/USDT - SHORT MEDIUM-TERM----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ BAT/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.2899 - 100.0% (101.90667 USDT)
Take-Profit Orders:
1) 0.2692 - 80.0%
2) 0.2469 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
BAT/USDT - SHOTY NOWhello back guys!
we back again with new ideas
here BAT/USDT I thing we will go short cuz we break CHANNEL down
we have
tp1
tp2 as targets
and stop lose is mental in 1R
I don't Use stop lose if price go and touché 3R line I will move Tps In entry price and with from price come back and close with 0 lose
if price go more than 6 month and don't come back to entry price I will close it with lose.
good luck guys
BAT - CRYPTO MOVING NICELY TO THE PATTERNSBINANCE:BATUSDT has had a nice move down from the larger Patterns on Sept 5th now we are looking for more weakness down toward 0.30 to complete this ABCD pattern.
If we look at todays AI there is a CIT Window at 13:00 this afternoon.
If we could get one more rally up towards 0.33-0.3350 that would set up a sell signal for a minimum move back down to 0.3200.
A nice one to keep an eye on as its moving nicely to the patterns I trade.
I hope this helps. Enjoy the day. 👍👍
$BATUSDT 1D TECHNICAL ANALYSISAfter getting rejected at the resistance at around 0.48, Basic Attention Token ($BAT) has been having some downward movement even before the general market correction happened.
This looks to me like a possible breakout of a bear flag. I might take a short position here if confirmed.
We saw a fake out from previous data. So we must be careful.
Let's wait for confirmation.
I'll post more updates.
BATUSDBINANCE:BATUSD
👉 The price has formed a potential head and shoulders reversal pattern after 3 months of consolidation.
👉 Fixing the price above 0.46 will make it possible to consider a potential buying trade idea with a take profit around 0.75.
👉 Cancellation of the trading scenario - fixing the price below 0.3466
Basic Attention BAT - Huge breakout soon! + Head and Shoulders
BAT successfully completed an ABC correction from the last impulse wave and is potentially prepared for another massive impulse wave to the upside!
The chart is printing a local inverse head and shoulders, bullish reversal pattern, and we are really close to a breakout.
This can be a good breakout trade above the head and shoulders + trendline (channel).
The first profit target is below the all-time high, because I think we will need more time for a possible consolidation here, and then we can go much higher.
The price is still below the key level of 0.444 USDT, so we still need a confirmation from the bulls.
I recommend buying a breakout at a new swing high (0.4595 USDT).
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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