BATUSD trade ideas
Are we Brave enough?Hi guys,
I am expecting a massive breakout when a candle closes above the upper red trend line - approx. about 0.45 (0.382 fib).
There are some bullish indicators:
- Massive Head and shoulders formation which is considered as very bullish signal
- Ascending triangle is about to break
- Elliot impulse wave could be formed to fully confirm trend
Please do your own research before investing,
This is not financial advice.
BAT - Can it finally breakthrough?I've had this plotted technically on the last uptrend and forgot to publish. Ultimately, it will need to break through the resistance between $.44 - $.50. If so, it could continue to push up towards the subsequent resistant levels as indicated.
Best wishes and happy trading!!
BAT 🦇 Huge Potential !BAT is currently above is critical weekly resistance.
We still have about 4 days still the candle closes.
If we do close above this resistance level at around $0.40 - $0.41 area.
TP targets would be previous weekly resistance / support levels.
Resistance / TP levels:
$0.656
$0.745
$1.091
bat/usd reversal-inverse head and shoulders completed
-growing rsi
-nice volume
Everything points to higher prices. We could see another small valley squeezing the resistance, but it's unlikely.
Many alts show similar patterns, check my previous charts to see what I mean.
As usual this is just an idea, not a financial advice.
BATUSD propelling LONGTHIS IS NOT FINANCIAL ADVICE
First target on BAT is .50. I will sell 20% of my position there. another 25% of original position at 1.00, and another 25% of my original position at 2.50. I will hold the remaining 30% of my original position until 5.00 at least. If it hits 5.00 I will likely take complete profit except 5% of my original position and let that ride forever on my ledger.
BAT/USD close to potentially breaking out - Ascending Triangle! We have an ascending triangle at resistance right now for BATUSD.
Buy the breakout - and the next chunks of BAT's moves are around 50 and 60 cents IMO.
Not financial advice, please always use a stop/loss!
Thank you!
BATUSD LONGNOT FINANCIAL ADVICE. I have posted this several times the past couple weeks, but it is such a good set up and long term play that I am trying to get as much of retail in as possible before someone like greyscale buys them all up with their new trust!
BAT/USD - Waiting breakoutA trade setup is presenting itself.
This has been a 3-year trend which is still playing out. The current price region has historically been an area of importance and an area of tough resistance.
IF this price region is broken (breakout), it should signify the victory of the bulls, and a considerable push upwards would be expected.
Worth paying attention to if someone is interested in a short term play with a little bit of spare capital.
Equally, a rejection here would signify a retrace (no idea how much of a retrace). And possibly a re-attempt at another breakout some time in the future.
Basic Attention Token BAT - Wedge + New Bull Market +1000%- BAT is consolidating on the weekly timeframe for more than 3 years
- That's why I am expecting a huge explosive move very soon
- Wait for the breakout above a previous high before enter a trade
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- The price is forming some kind of ascending triangle (ascending pattern)
- Elliott Impulse Wave 3 is usually a strongest wave with a parabolic curve
- Hit "Like" & "Follow". Don't miss my upcoming updates and new ideas!
BAT - About to DOUBLE! .75 Cent TargetVery simple chart showing a perfect setup.
Long Time downward sloping trendline has been broken
Long Term Cup and Handle pattern nearing completion.
Depth of Cup shows target price
These opportunities don't show themselves often, I can't sit this one out.
Basic Attention Token (BAT) Trade Idea (+100% Profit Potential)(Inverted Chart) Bitcoin is currently hovering just underneath $30,000. I believe the move to the upside is due for at least a temporary correction. My thesis going into 2021 is that when Bitcoin begins to pullback billions of dollars will flow into the altcoin market. Basic Attention Token is one altcoin with solid fundamentals, a growing community and is a clear leader in the sector it is trying to disrupt. The price action has been range bound since 2018 with price currently sitting in the middle of the range at around .2070. If price revisits the previous peak it will appreciate by about 100% from the current level. If price manages to break out of that channel past that previous peak it is extremely bullish as it could trigger a blue sky breakout price discovery. In that case i will make an updated analysis of BAT. Stop-loss is highly recommended under current conditions due to Bitcoins over-extended nature. If BTC corrects sharply it could negatively impact the altcoin sector as well.
Entry: .2070
Target 1: .4100 (100%)
Stop-loss: .1700 (-15%)
Quick & simple BAT analysisAs you can see, BAT really wants to break through that .3720 level again. We can also see an ascending triangle, which is often a bullish sign. With a little push, it can easily break through the .3666 resistance and smash the .372 level. From there, we can retest the .3768 level.
Also looking at the RSI, we are at around the 50 level. In the last few weeks, when it has been around or below this level, it has not stayed there for more than a few days. We could see a push to 70 RSI very soon which could explode BAT through the .377 level!
As an added note, BAT seems to correlates with MANA strongly, and MANA had an extraordinary run today!
***I'm a beginner with this stuff still, this is just a chart I made very quickly! Let me know if you like my analysis and what I can do better. Thanks for reading!***
BASIC ATTENTION TOKEN/BAT - in BRAVE we trustNice rounding bottom on a daily. Possibility to unfold into the cup and handle. Bullish.
Btw one of the Grayscales coin in their list of potential trust fund.
BATUSD, LONG After watching the price action for a while, I noticed it still had a high momentum. Entered with a bullish order block. Trade is going smoothly.
TP - 5.62%
SL - 1.62%
RRR - 1:3.68
$BAT long new chart Bat long is looking so nice and smooth and as on btc pair is lowest of all and waiting for the movement ,In the waited alt bull season i am expecting it to be make at least 10x and everything moves perfectly waiting it to reach %2200 over the current price 0.00012458 sats btc grap is attached.
BATUSD - The best CryptoOkay, caveat -- I know next to nothing about crypto currencies. But everywhere I look BAT seems to be the preferred "tipping" currency of the web. It seems like its use will only grow, and, so the whole supply and demand thing should elevate it. $1 seems like a good target. That's also is the 2.168 fib level. I already own a little, but will buy more at .28 and lower.
I'd love to get your opinion especially if you have a fair knowledge of BAT or have an opinion on how it fits in relative to the whole crypto universe.
New Long position BASIC ATTENTION TOKEN / US DOLLAR As it is clear, after breaking the trend line , we have to enter the position.
