Batusd
BATUSD - The case for $1.34 price re-entry target! In this video:
* We review previous price action of Basic Attention Token
* We discuss potential future price action
* I make the case for reasons why $1.34 may now become support and a new re-entry target area
Another GREAT entry point on BAT for a move up to the $3 level!Basic Attention Token (BAT)
Prior analysis
We published our initial BULLISH analysis on BAT on Nov. 2nd when the price was sitting at $1.04 per coin. We made the call that BAT will be moving towards the $2 level before the end of the year and surely enough BAT hit its new all time high at $1.98 on November 28th less than a month later. Our followers managed to generate nearly 100% return on the trade and we received quite a lot of positive messages from them, thanking us for our insightful market analyses.
Now, after the recent correction BAT is presenting another bullish price pattern, thus signaling that more gains could be expected ahead. Since our initial Take Profit levels have already been hit and the framework and narrative around the Basic Attention Token continues to improve we have raised our year-end targets for BAT as we are now targeting the $3-4 range.
Fundamental Analysis
From a fundamental standpoint, BAT is one of the most exciting small-cap blockchain projects out there with a remarkable long-term growth potential. This comes from the fact that while many cryptocurrencies promise big things, the Basic Attention Token is one of the few and far between blockchain based businesses that actually have the tools they need to solve a real-world problem that we are facing today. The Basic Attention Token aims to disrupt and substantially improve the filled with controversies $330 billion digital advertising industry, which many believe that is currently failing its users, publishers and advertisers. BAT has already made meaningful steps towards resolving the large number of endemic inefficiencies and privacy violations hobbling the digital ad industry as it aims to make crypto and DeFi accessible and useable for everyone.
BAT has seen stunning results since its integration into the Brave browser’s first global private ad platform: 30 million monthly active users, 10 million daily active users, 1 million verified creators accepting BAT, millions of wallets created, thousands of ad campaigns with leading brands, and growing utility in the most innovative names in blockchain gaming. The results make BAT one of the most, if not the most, successful alt–coin projects to date.
Furthermore, last month we received news that the largest crypto asset managing company, Grayscale Investments, has decided to double down on its bet on altcoins and has purchased additional 188,991 BAT; 8,823 LINK; and 5,121 FIL in the last 45 days. At the moment, Grayscale holds $39.634 billion worth of Bitcoin, $13.438 billion in Ether, $6 million in BAT, $9.4 million in LINK and $6.1 million worth of Filecoin.
We believe that this is a great confirmation for the positive market sentiment among institutional investors, showing their confidence in the strong growth potential of the space. We see this as a huge catalyst for a major price appreciation moving forward, as it significantly strengthens the investment thesis for BAT.
Technical Analysis
From a technical standpoint, after the most recent price surge where the price almost doubled in a matter of just few trading sessions, rallying from the $1 level all the way up to $1.93, we are now presented with an attractive buying opportunity for BAT at around $1.59 per coin. The recent more than 18% correction came as a no surprise due to the expected heavy profit taking that took place after that near 100% rally. However, as you can see on the chart, the price structure looks very healthy as BAT is trading above all of its major moving averages 5, 20, 50 and 200 EMAs. In addition to that, we must point out that the corrective movement stopped right at the upward sloping trendline support on the 4H chart (blue line), which also coincided perfectly with the 38.2% Fibonacci Retracement on the daily chart. Both the RSI and Stochastic oscillators have also retraced from overbought conditions and are turning higher as we speak. We are also seeing another ascending triangle forming on the 4H chart, with a neckline at around $1.75. We expect the price to push through the resistance lying at $1.75 in the next 3-5 daily trading sessions. Once the break is confirmed, BAT will take off towards its next major level of around $2.50-2.75 per coin. Since BAT, is still a small-cap cryptocurrency with a total market cap of only $2.3 billion, our long-term forecast for BAT shows that it has the potential of reaching the $4-6 per coin range.
From a risk-management standpoint, we will look to place our Stop Losses immediately below the 50-period EMA on the 4H chart at around $1.28 in case of a sudden price failure. However, in an event where we see BAT moving sharply lower, we will be looking to buy more of BAT at a discount as we firmly believe in the long-term growth prospects for the Basic Attention Token.
Follow us on eToro for more detailed market analyses, profitable trading ideas and a consistent portfolio performance!
Sincerely,
Dow Experts Finance
BAT BTC Sun Rays Megastructure same as ETH at $220 in 2020 (22x)Background FA: BAT announced Fundamental Partnership with Solana and launched own DEX in Brave Browser (100m monthly users), making it a direct contender for Uniswap, $UNI (which has 3 million users and market cap 10x bigger than $BAT).
Background TA: BATBTC Pair broke out of Long-Term Downtrend with highest ever volumes, sending the BATUSD pair into ATH and Price Discovery .
Sun Rays Megastructure for BAT BTC is extremely similar to a similar megastructure that appeared with ETH USD pair in June 2020, when ETH was 220 USD. ETH went on to make a 22x run upwards after that.
Two interesting TP levels to watch marked.
Goldsworth. Org Technical Analysis ideas brought you $DOGE at 14 Sats , $LUNA at 10 cents, $SOL at 3 dollars.
MY MINIMALIST CHART ANALYSIS FOR BASIC ATTENTION TOKEN$BAT
11.26.21
1912H +8 SINGAPORE
ALERT:
LOOKING FOR BEST TOP-UP ENTRY BEFORE the end of the SWING CYCLE.
We are now looking at an ENTRY that we can TOP-UP for our Investment FIB 0.618 or LOWER.
A little more till we finish this swing and move to the next swing cycle.
VITAL SIGNS: RSI, STOCH are all looking good. We will just wait for the oversold. While the VOLUME shows SUPPLY building up for DEMAND (FUD).
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION. Volatility for this market is healthy.
and we have gone a long way from the bottom of the SWING.
Happy Trading!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
Daily Crypto Market Update - batusd oxtusd & many more!In this video:
* I provide an update for basic attention token, orchid, and many more
* I browse through the charts in attempts to determine the overall market sentiment in the crypto space
* We discuss Bitcoin and what it means for the rest of the market
* Overall, I am still extremely bullish for the next few weeks/months
* Black Friday Special still on:
Basic Attention Token (BATUSD) to break resistances? OBV SupportCan the Basic Attention Token (BATUSD) breakout of the price and RSI resistances?
On OBV things are looking quite good so far.
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing
BATUSD $1.65 Target Hit! Congrats! Now what? New Target = $2.55+In this video:
* Congratulations are in order for my followers/subscribers
* Basic Attention Token hit it's target
* Now can we spot new data that would indicate where we might go from here?
* I chart on the fly.
* We find a new price target area of $2.55-$2.68!
* Amazing price action on BATUSDC
Previous video:
Black Friday Special Below! Git it!
BAT/USD bucks the trend and surges to new all-time high Major cryptocurrencies have been falling due to fears over a new mutation of Covid-19 that may be more transmissible. There are fears it could evade vaccines which brings the possibility of further restrictions and lockdowns.
The sell-off in global markets did not stop BAT from hitting a new all-time high. Basic Attention Token was up 40% at one point before correcting. This made it the best performing crypto in the top 100. A Solana partnership was announced two weeks ago and crypto exchange FTX recently announced support for wrapped BAT.
Basic Attention Token is the crypto token that powers the ‘Brave’ ecosystem. Users can earn these ERC-20 tokens simply by browsing the web with Brave. Creators can use the Brave publisher platform and earn tokens when users view their content. Brave also announced the integration of a crypto wallet on the browser.
‘Brave wallet’ will allow users to manage their crypto without the need for a browser extension. It will be compatible with Polygon, Avax and layer-2 chains which are built on top of Ethereum.
Price action in November has seen BAT trade within the range of $1 and $1.40. This was broken through with price reaching levels above $1.8. $2 could be the next target for bulls, but a drop below $1 cannot be ruled out due to the broader crypto market dipping. Let’s see if BAT can hold a price level above all-time highs.
BAT USD Price Discovery - Fibonacci Suggests 5 Dollar MTF GoalBackground FA: BAT announced Fundamental Partnership with Solana and launched own DEX in Brave Browser (100m monthly users), making it a direct contender for Uniswap, $UNI (which has 3 million users and market cap 10x bigger than $BAT).
Background TA: BATBTC Pair broke out of Long-Term Downtrend with highest ever volumes, sending the BATUSD pair into ATH and Price Discovery.
Fibonacci Suggests that 5 dollars per BAT is the Blow Off Top in this mini-cycle as per Coinbase Metrics.
Goldsworth.Org Technical Analysis ideas brought you $DOGE at 14 Sats, $LUNA at 10 cents, $SOL at 3 dollars.
BAT BTC Bullish HTF Structure Long Term Downward Trend Confirmed Broken and Reversed for BAT/BTC, with BAT/USD breaking All Time High and going into Price Discovery Mode
volumetrics and on-chain stats indicate massive buy-in by whale wallets. Firm support established at 2,000-2,200 sats. Next support to establish at 3,700-4,000 sats range.
HTF targets for Take Profit 8,200 sats and 11,400 sats respectively
Goldsworth.Org brought you DOGE at 14 Sats and LUNA at 15 cents.
Basic Attention Token (BAT) - November 23Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(BATUSD 1W Chart) - Medium to Long-Term Perspective
Above the 0.44554484-0.50257335 section: Expected to create a new wave.
(1D chart)
First resistance section: near point 1.23714493
Second resistance section: 1.51867629-1.61252007
Support section: 0.86176979-0.95561357
To break out of the downtrend line, we need to see if we can sustain the price above the 1.08247674 point.
If it falls from the support area, it may move towards the 0.67408221 point, so trade cautiously.
A move above the 1.17586124-1.23714493 section is expected to accelerate the uptrend.
-----------------------------------------
(BATBTC 1W chart)
Over the 2955 Satoshi-3749 Satoshi section: Expected to create a new wave.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
Basic Attention Token (BAT)Basic Attention Token (BAT) - the crypto asset for the Internet economy.
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.
Overview
⦁ Brendan Eich, founder and CEO of BAT, is an American technologist and creator of the JavaScript programming language. He co-founded the Mozilla project and served as the Mozilla Corporation's chief technical and executive officer. He is the CEO of Brave Software that developed the Brave (web browser).
⦁ Brave provides a way for users to send cryptocurrency contributions in the form of Basic Attention Tokens (BAT) to websites and content creators along with the ability to keep the cryptocurrency they earned. At the same time the BAT technology can be integrated into any other browser.
⦁ BAT’s mission is to monetize user attention and remove all the other needless expenditure related to ad networks. It connects advertisers, publishers, and users, creating a new, efficient marketplace. The token is derived from or denominated by user attention. Attention is really just focused mental engagement on an advertisement.
⦁ According to a Bloomberg report published on 17 March 2021, U.S.-based digital assets titan Grayscale has launched a BAT crypto-based trust.
⦁ On 18 March 2021 Brave announced that BAT, explores multiple blockchains as a part of its Themis initiative and is now also available on Binance Smart Chain (BSC) as wrapped BAT. BAT holders can use numerous bridges that connect Ethereum and Binance Smart Chain to participate in the DeFi ecosystem on BSC.
Features:
⦁ BAT system is integrated in Brave which has 29M monthly active users and 9.8M daily active users . It is also extremely fast. On your computer, Brave loads pages 3x as fast as Google Chrome .
⦁ Brave DEX Aggregator: Brave brings DeFi to everyone through a new decentralized exchange aggregator to enable token swaps with distinct advantages and added value for Brave/BAT users.
⦁ Privacy : The user’s browsing data is kept completely private. All the information that one would need for ad-matching will, as a result, be unavailable. Third-party trackers are also blocked automatically.
⦁ BAT is traded on multiple markets, including Coinbase PRO that allows all U.S. based residents to legally obtain this coin. This gives institutional investors a direct access to BAT.
⦁ BAT also includes:
⦁ DeFi token swaps, lending, saving token swaps, liquidity pools etc;
⦁ Gaming event utility, NFTs, gameplay;
⦁ Philanthropy donations on-chain to over +100 causes;
⦁ E-commerce shop with BAT.
Exchanges:
Coinbase Pro, Binance, Huobi Global, Uniswap, Bithumb, Kraken, Kucoin, Gemini, Bittrex, Gate.io, etc.
BAT/BTC
From coinmarketcap:
Max: 1,500,000,000 BAT
Circulating Supply: 1,492,816,441 BAT (99.5%)
Thank you Angel $AAA
Best regards EXCAVO
BATUSDT , It can move up . . . Hello guys
We analysed one of the most powerful project that is working on crypto BAT
According you can see on chart after rally we have , we are in correction wave until the first support and it is so important for the price to support in here and we expect after supporting in here it can go up until the trendline resistance
If it cant support in here and it wanna fall down the second support is the other main support that the price should support in there
Until the price is not fall down below the key point level the trend is upward and we are going up and reach to the new ATH
Dont forget use stop loss and attention to money management
Good Luck
Abtin