BATUSD trade ideas
Flat ADR: Basic Attention Token Continued RiseRight now a crypto that is on the alternative coins list that interests me is the twenty seven cent Basic Attention Token. ADR is kind of flat, and even given the bull run retracement it had, I still think it has some ways to go in terms of a positive correlation continuation pattern. Right now I would say this is mid risk. Please keep in mind, this is on an opinion based basis. Please do your own due diligence and don't consider this actionable financial advice.
BAT analysis 15min. Rdy to GO!?BAT has recently incurred some steep buys w/ no follow through. Product is good, and more used now than ever.
w/ Elliot Wave Extension tool we can see that the 1:1 ratio does not exceed to lower lows. I believe we can now look at this as a 2nd wave and expect and Fib Extension to higher highs. time will tell.
Bullish Trendline still validBAT value maintaining multi-month uptrend line on the daily. Oversold at the moment and touching support for potential good entry with profit target around 28 cents resistance area.
BATUSD 6D: BEST level BUY/HOLD for 100% gains (SL/TP)(NEW)Why get subbed to to me on Tradingview?
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BATUSD 6D: BEST level BUY/HOLD for 100%+ gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses / downside before reversal (BULLS).
🔸 Summary and potential trade setup
::: BATUSD 6daily chart review
::: drifting lower on auto-pilot now
::: heavy rejection / double top
::: however overall chart looks strong
::: heavy resistance hit previously
::: get ready to BUY low from my level
::: great mirror S/R level for BULLS
::: near 16000. confirmed previously.
::: short-term expecting more downside.
::: buy low and you will get rewarded
::: strategy: BUY IT / HOLD IT 16000
::: BUY/HOLD setup do not expect fast gains
::: TP BULLS is 100%+ gains later
::: setup for patient traders only
::: do not expect fast/casino gains
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook midterm: BULLISH
Interesting trend line and trading above the cloudHi All,
I see BAT still on a bullish trend, maintaining the trend line since the last March crash.
What do you think about this Crypto?
Does it have potential to grow?
Thnx
Jad
Basic Attention Token (BAT) - June 20Hello?
Dear Traders, Nice to meet you.
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We need to make sure we can continue to receive support from the uptrend line (4).
If it goes down, you should get support on the uptrend line (2).
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Basic Attention Token BAT USD Daily/WeeklyHello Traders!
Let's keep it short and simple.
BAT was moving in consolidation, forming a symmetrical triangle. It seems that it already breakout from it, and the target price could be around 0.26 USD.
:::Daily Technical Analysis Facts:::
- 200MA still works as a strong support for the price.
- 200MA and 50MA about to cross forming the golden cross.
- MACD is pointing up now, and seems to confirm the trend.
:::Weekly Technical Analysis Facts:::
- BAT has been moving slowly but consistently on an upwards trend over more than 10 weeks now.
- MACD continues to be bullish.
:::Fundamentals:::
- The growing base of Brave, the browser where you can get tokens for seeing ads might increase its value as more companies will try to advertise with the browser.
- Brave has an encrypted video call service, that might grow its base even more.
:::Conclusion:::
- Indicators looks bullish on the Weekly and Daily analysis.
- Possible price of 0.26 USD next month.
As always, this is not financial advise, do your own research.
:::Please let me know what do you think, feedback is always appreciated:::
BATUSD Strong Supports and ResistancesBasic Attention Token cryptocurrency has seen some historically strong supports and resistances, and it's coming up on its .30 resistance, after which it should drop to about .15.
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.
Basic Attention Tokken (BAT) - June 6Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
I am a person who does not speak English well. So, it's very likely that you're using the wrong word. Please understand this.
We will try to improve it in the future.
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You need to make sure you can get support above the 0.24450884 point.
If it falls, you need to make sure you get support at 0.22723991.
If it falls further, I think it is possible to increase further if it must be supported by the uptrend line (2).
I think there is a possibility that a new wave will emerge if it can be supported by rising above the long-term downtrend line (3).
To do that, it is important to get support at 0.24450884.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
