Batusdt
BATUSDT - My campaign in futuresBAT still needs to peform in comparison to the others and fairly unervalued as of now. On higher TF's it has clearly broken out of accumulatuion range, my initial spot buy was around 0.4230 and has a great potential towards 7$ region approx.
However, I see a decent setup on lower time worth to play on futures and stops to be placed based on risk put in.
All the best!
BAT/USD - Approaching resistance, watch out! BAT is quickly approaching a key resistance at $1.1 where I'd be surprised for price to push above.
This bias is also supported by the indicators that look a bit bearish with a MACD and RSI bearish divergence and decreasing volume.
For this reason, this is not the time to buy BAT, rather, secure profits here in case we turn back. There is no need to pull the trigger now and sell, you can wait for the yellow parabola to break or for support to fall. We can still pump until $1.1, but unlikely we can push higher in the near term.
BAT needs to cool-down a bit, consolidate/range and then reload for a new push.
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TRADING IDEA OF BINANCE:BATUSDTPERPBINANCE:BATUSDTPERP
Hi!
My trading idea is based on BBMAOA (BBMA Oma Ally)'s technique. Please note that this idea may subject to change according to market conditions. Feel free to leave your comments below! Thank you.
I'm looking forward to LONG BATUSDTPERP, however I need to wait confirmation from 4H and 1H. If 4H = EXTREME (EXT) BUY and 1H = FULL SETUP BUY/MHV/CSAK BUY, I will take LONG position as per said.
D = REENTRY (REE)
4H = EXT BUY
1H = FULL SETUP BUY/MHV/CSAK BUY
BAT/USDT | Potential Upward Movement 🚀 🚀🚀Technical Analysis:
Starting by the higher time frame the price is in a clear upward movement where we can notice higher highs and lows. Recently, it managed to break the daily support @ 0.7039 level. On the 1 Hour time frame, the coin posted a correction count toward the 61.80% Fibonacci retracement level which coincides with a strong support. This might cause a move upward to the 0.7563 mark.
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Trade Idea:
Buy Order @ 0.7152
Take Profit @ 0.7563
Stop Loss @ 0.6989
Trade Safely 🙂
BAT/USD - Ready for ATH at $1 🚀🚀🚀BAT is quickly moving for a retest of its old ATH at $1. Nice.
Where are we now?
We seem to have reached resistance at $0.87 cents. I'd be surprised to push higher from here as this resistance should push us lower before BAT has another shot at ATH / $1.
Possible path on the chart. This cooldown could provide a good re-load opportunity to ride the wave towards ATH once that new push starts.
The indicators are all very bullish:
1. Increasing volume on this move up - bullish
2. MACD very bullish with a positive cross on daily
3. RSI pushing higher still
This train won't stop, so $1 is pretty certain at this point, just a matter of time, beyond that we will have to revisit the chart.
Best to see if you can catch a wick down before another push up.
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BAT / USDT Buying BAT breakout HereBAT on a strong volume breakout of a significant base.
I bought a half position (5%) in BAT / USDT around .776, with another half (5%) limit buy around .72 area (expecting a retest of the previous ATH, which is .71).
13% Stop Loss on my initial 5% position. (5% of total trading portfolio).
We may not see a retest of .71 but I think it's likely.
BAT Buy a break setup.BATUSDT - Intraday - We look to Buy a break of 0.712 (stop at 0.682)
Pivot resistance is at 0.708.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
A break of bespoke resistance at 0.708, and the move higher is already underway.
We look for gains to be extended today.
Our profit targets will be 0.798 and 0.848
Resistance: 0.680 / 0.708 / 0.750
Support: 0.660 / 0.620 / 0.600