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Batusdt

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.
by AyoKu
4
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!
Long
by RLinda
23
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.
BINANCE:BATUSDShort
by vf_investment
5