Brave
Basic Attention Token BATBTC - Long Term strategyHello Traders!
I have planned a long term strategy for BAT.
We have a contracting triangle, and we might be completing the E-wave (according to Elliot wave triangles), and is exactly at point E , where I will buy to make maximum profits. The area to buy is indicated with the green rectangle.
Another safer strategy, is to buy exactly at the break out of the contracting triangle.
If everything goes as planned, we might be looking at 200% profits.
I think BAT has a lot of use cases, and is a solid project.
Please let me know what you think, and as always this is not financial advise do your on research.
$BAT Major Upside Potential
Looking at the 12h chart of $BAT here, I like the 12h chart just because it's a 1D timeframe but split into two candles instead of one, giving me more data to work with
I signaled entry in my telegram group at 2321 sats, bottom of accumulation zone, which is a known and respected weekly level
Breaking it down into the science of trading, 1st TP which isn't really much of a target because it's already been tested once before at 2580 sats (top of accumulation)
Daily close above is huge, meaning the 2715 level is next to be tapped
1st TP at 2715 sats
2nd TP at 2819 sats
3rd TP at 3022 sats
4th TP at 3246 sats
5th TP at 3452 sats
Will continue to update this post as this move progresses, I have a bag of BAT that i'm holding
That being said i'm also not biased, using very logical thinking here not throwing out some delusional numbers either. I've been watching this coin all year and waiting for this crucial close over the top of the accumulation
Basic Attention Token BAT BATUSD Weekly Analysis / BullishHello Traders!
Looking at the weekly BATUSD chart, there is a downtrend and an uptrend. The downtrend channel started in 2019 (RED), and we might finally broke out of this downtrend, to continue in the uptrend channel (GREEN).
BAT has been growing consistently each week since the crash in March, and has a strong uptrend.
The weekly MACD did a bullish zero crossing, and the price is above 20MA, 50MA, and 200MA on the daily chart, a very bullish indicators.
I expect BAT to continue growing, but first we have to pass resistance at 0.30 USD, an important level to watch, and afterwards, might be a good entry point.
On the fundamentals, the growing base of users of Brave, the web browser that gives you BAT tokens to watch ads, continues growing.
I believe there are good chances for BAT to reach $1 USD in the long term.
Please let me know what do you think, and like if you found this useful information.
As always, this is not financial advice, always do your own research.
Have a good start of the week.
BAT/USD- Continuation or retrace? Congrats to those that moved on the original break here.
We hit the probable resistance and have since retraced slightly.
(Well played to those that took the double digit gains and protected)
The bullish nature of this support does lend itself to further continuation of this uptrend being plausible. But....
Currently a bit overbought for my liking and also a long way from even small SMA's
I'd like to see a retrace of about 5-6% before this looks more grounded but a push through our previous top may also see a move towards the next targets here over the coming days.
(A quick push rather than consolidation over the next few days may put this in potential free-fall territory)
Protect profits accordingly and don't get wrecked chasing the pump.
As always, not financial advice, just my own thoughts and TA.
Thoughts and feedback welcomed.
All the best for some profitable trades as we move into the weekend.
Bingaz
BAT/USD- Tightening for potential breakout?One to keep an eye on here.
Tiny break previously rejected quickly so tight SL in mind if taking positions.
I'd rather be buying in on the support but potential here for some solid gains if it breaks free from current trend.
As always, not financial advice. Just my own TA.
Thoughts and feedback welcomed.
Bingaz.
Basic Attention Token AnalysisToday we're looking at one of my favourite tokens and one I've used for a long time (yes a crypto with a working use case!).
The Basic Attention Token (BAT)
Weekly Analysis
We are in a long term downtrend still, however since the crash in March, BAT has started this upward channel which is great news. As more and more users of the Brave Browser are starting to appear.
Brave has implemented ads into new tab pages, which means more BAT to circulate around.
Long term resistance would be $0.28
Daily Analysis
There is a long term daily support at about $0.175 - $0.18.
We are also above the 200MA (orange line) so we need to stay above this to continue the rally.
Daily MACD
Fibs
Here is a fib retracement and extension of the pump a couple of days ago
Retracement since march
Trade idea
Here is the trade I'm looking to take. Longing.
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[$BAT] On the road babyLe $BAT ( coin du navigateur Brave) est sur le chemin du plan indiqué précédemment ( )
On suit tranquillement les mouvements du King $BTC qui arrive bientot sur un point de rebond en terme de dominance BTC.D
Comme toujours , patience est signe de vertue :) et toujours un plan B (au cas où)
Peace!
BAT (Brave Browser) - Looking bullish, but correction neededBrave Browser is great, but BAT has been in the same levels for awhile, and for a Cryptocurrency, it's not has not been very volatile.
Currently we've had a slow rise to the upper resistance, though it's unlikely we break out of it immediately as it's been a strong level for over 2 years.
The likely scenario I see, depending on how Bitcoin performs, is some consolidation towards the 38.2% levels and then bouncing back strongly to make a Head And Shoulders or Cup And Handle pattern, that would hint for a bigger rally upwards. (this will follow the green line)
The other scenario, is if Bitcoin begins to make sudden moves, either drop or pump, causing Altcoins to take another big hit and testing lower levels once again. (red line)
Good luck, make sure to buy with caution as we're in a pretty deciding point right now. (Altcoin Season or Bitcoin Boom/Doom)
BAT (Y20.P2.E1).Macro.V or CupH. PotentialHi All,
Its another coin and area to pay attention too.
MACD looks good on the daily with convergence, unlike many other coins.
Note the V or W formation, very bullish or potential cup and handle.
It would not surprise me if it goes all the way up.
Inverted H and S to be completed. A 0.236 fib pullback potentially with BTC looking to move sideways for a short time.
Supported by potential BTC Dominance to keep dropping in the short term. Note the Bullish Div . on the 4 HRLY.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari
(for my reference > Master.Macro)