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.
BATUSDC
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.
$BATUSDT 1D TECHNICAL ANALYSISAfter getting rejected at the resistance at around 0.48, Basic Attention Token ($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.
BAT/USDT - Potential Short ScenarioHello Traders!
BAT moves within the descending trend, gradually completing the previous market cycle.
The price is near the resistance level of $0.43, which will serve as a trigger for the continuation of the local counter-trend movement.
We can assume that if the local trend breaks, the downward pricing on the asset will continue. We should expect the culmination of the sales in the price range of $0.18 - $0.274 after the price leaves under the support level of $0.274.
It is possible to look for medium-term purchases of the asset near the support level of $0.18 in the price range of $0.18 - $0.22.
The targets of such purchases will be the price levels of $0.43 and $0.59
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
BATUSDT Formed Falling Wedge Pattern!BATUSDT Technical Analysis update
BATUSDT formed a falling wedge pattern in the day chart, if the daily candle closes above the resistance line, we can confirm the breakout.
In the above chart, Bullish RSI Divergence occurs when Price makes a lower low but RSI makes a higher low. One goes down, the other goes up! It shows that sellers are easing up. and also rsi trend line breakout in daily RSI chart.
BATUSDT currently trading at $0.7220
Swing trade setup
Long Entry: Above 0.730 (only buy if the daily candle closes above the resistance line)
Stop loss : $0.60
Target 1 : $0.820
Target 2 : $0.960
Target 3 : $1.100
Max leverage :1x or spot buy
Thanks
Hexa
Next Pump in BAT (Basic Attention Token) could take us to $2.50!Guys,
We are nearing our target down and entry area. Be ready and be patient. I believe the next pump could take good ole' BATUSD as high as $2.50.
Please view my videos in the related links for more on this free trade alert brought to you.
Let me know in the comments section if you enter this one.
Subscribers - I will let you know if/when I enter along with all the usuals on how to trade it.
Best of luck on all your trades!
-Stew
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:
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.
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
BAT BRAVE Now Headed to Earlier Target Predicted. 1.25+ IncomingCongrats traders who are in this play!
As predicted:
BAT has broken out of the bullish triangle to the upside
BAT has come back to kiss the top of the triangle "goodbye"
BAT is currently engaged in a vertical move upwards
BAT is on it's way to earlier targets predicted (see Link to Related Ideas below)
BAT should hit $1.00 to $1.25 and more soon!
How to continue to play this trade?
is BAT/USD about to pull a Uniswap?It says it all in the title and in the charts.
BAT
On the BAT chart to the left, were on the 3W that means BAT has been in this triangle from its existence up until the last alt season when it broke it and shot to $1.7
BTC fell and dropped everything with it and thus came the fall back to $0.40; you can see that the fall touched the triangle and confirmed its existence with a push up.
UNI
The coin to the right, came out near the end of 2020, UNI doesn't have the "strength" that BAT has b/c it hasn't existed in the space as long as BAT (I AM NOT SLANDERING UNI)
As we can see the break of the triangle shot it right to the 3rd Fibonacci top, UNI has major people behind them and they have placed themselves very well to take over the market, that's why its possible for UNI to do it so fast
lets take a min and check on the Fibonacci tops comparing the two
BAT: 131% - $0.40 to $1 (from the top of the triangle to Fib 1)
UNI: 54% - $4.4 to $6.7 (from last retrace to Fib 1)
BAT: 819% - $1 to $9.5 (from Fib 1 to Fib 2)
UNI: 155% - $6.8 to $17.5 (from Fib 1 to Fib 2)
BAT: 8,268% - $1 to $83 (from Fib 1 to Fib 3)
UNI: 560% - $6.7 to $44.6 (from Fib 1 to Fib 3)
BATBTC
BATBTC has been in a long downtrend but for the past few weeks its been placing it self very well in the middle. time will only tell with this chart.
See I know it seams insane, BAT @ $83 but all I'm doing here is sharing facts, the major difference between these two coins are (like i stated above) the life time of the coins.
BAT never dropped under top 100 coins its been always a high pick on my list but nobody ever gave it the time of day....
Do your own research on this project. I'm only sharing my views charts wise
BNBUSD
as we have seen in charts as BNB, once a major break of trend happens it blows up
lets say coin A was stuck in a trend for 2 years and coin B was stuck in a trend for 100 days (the same exact trend)
once it breaks out who will jump higher?
obviously coin A because its been stuck for longer meaning it has to blow off steam...... it never has!!!
Coin A= BAT
Coin B= UNI
Goodluck trading
I haven't been more bullish in my life
Sincerely, Jack Strainer