Batusd
BATUSDT Expecting BullCurrently, the BATUSDT is near its opening price, which is too bad for BAT lovers, and this doom has come because of the massive Bitcoin fall, which is going to over very soon. Fundamentally, BAT is a great project, and most of us don't know what is BAT doing out there. Their first product is Brave Browser, which currently has nearly 13 Million daily active users and soon will take over Chrome Browser. Also, they will launch Brave Search Engine as well, and already beta version is live by the end of this year Brave Search Engine will live worldwide, and It'll change the world browsing history as we have right now. So we are talking about a competitor of Google who will probably take them down by the time being. We are on Bull about BAT and going to take a long run from its major support.
BAT - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BAT is sitting around strong demand in green so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on H4: BAT is forming a channel in red but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BAT would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BAT Sell the resistance.BATUSDT - Intraday - We look to Sell at 0.895 (stop at 0.961)
Daily signals are mildly bearish.
Bespoke resistance is located at 0.900.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 0.711 and 0.651
Resistance: 0.850 / 0.900 / 0.920
Support: 0.800 / 0.750 / 0.700
BAT Sell the resistance.BATUSDT - Intraday - We look to Sell at 0.895 (stop at 0.961)
Short term bias is bullish.
We look for a temporary move higher.
Bespoke resistance is located at 0.900.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 0.711 and 0.651
Resistance: 0.820 / 0.900 / 1.000
Support: 0.800 / 0.750 / 0.700
BAT ready to break ATH and push towards $3 and beyondBAT/USDT successfully broke out from the inverse head and shoulders pattern it formed and is now looking to break upwards past it's ATH towards my target of $3.
It will be interesting to see how this plays out over the coming weeks ahead with May being a historically bullish month for altcoins. Be sure to follow me on TradingView to stay updated and for future analysis.
It's basic. Gets your attention. It's a token... MoonBAT recently got listed on Coinbase Pro & Bitstamp. Before that was added on Grayscale so institution now have full access. It is one of the coins newbies can relate to due to the browser. Definitely one of the hottest ones right now and is coming out of massive capitulation vs BTC and vs USD it has been going up nice and steady after being in accumulation forever.
In my opinion everything has lined up perfectly for BAT as it is coming out of that accumulation both vs BTC and vs USD and has re-claimed some key support levels. Currently older coins are pumping and BAT is one of them. It could easily double from here over the next few days
BATUSD - AnalysisEngineeringRobo is bearish for BATUSD at the moment. If you consider buying wait for the daily close above the 1.7 area support line
As long as EngineeringRobo is bearish and the candles are below the trendline no need to hurry to buy it.
If you have BATUSD, watch the first resistance level (1.10 area support line) .
Otherwise, just follow the signals.
BAT/USD Elliot wave analysisBAT/USD is looking really good from an elliot wave perspective. A beautiful 5 wave structure topped out around $1.64. We are currently correcting. It's a bit too early to tell what our wave 3 target will be. We will need to see where corrective wave C falls first. If corrective wave C hits the main trend line (yellow line) , then we can make the assumption that the wave 3 target will hit around the $2.20-$2.25 area. This would actually be a bullish bounce off the. 618 as well. I have marked the corrective sequence in RED as it still has to play out before we can make this assumption so be sure to follow the correction before making any decisions. I will update as soon as possible. But for now, looking pretty fundamental and bullish.
Hidden bullish divergence: As you can see from the beginning of this run (early Jan), the daily RSI has slowly crept lower and lower, forming 3 lower lows. Although I would call this a hidden bullish divergence, I would wait to see if the main trend line (yellow) holds. If it does, and this structure continues on to wave 3, then we can confirm a hidden bullish divergence, so long as the RSI continues a lower low trend.
Conclusion: As you already know, we are in a bull market. Most of the altcoins are finishing off their corrective patterns and we are reset to do a market-wide x1.5-1.618. Right now would be a great time to think about planning your entry for BAT. You could wait for a bounce off the main trend line.. or wait to see if it goes lower. Even if it does, we can expect this pattern wave 3 to form in the next few weeks. Take profits at previous high and 1.618.
BATUSD - Screener says "Strong Buy" - I say H&S crash inbound!Just dipping my toes back into the charting waters, this time I'm in for the long haul and setting up to stream!
Was just perusing the crypto screener here on TV and saw BATUSD @ the top of the strong buy ranking. Figured I'd check the chart and see if I wanted to dip back in... think I'll be putting in some limit orders and waiting for some sheeple to cash out for the tax man and pick it up on the cheap.