BAT - selling timingBYBIT:BATUSDT
4H time frame
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BAT forms a double top on 4H time frame chart, it breaks out the neckline of the pattern now.
We can short it here, and trading strategy as below.
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Profit Targets:
a) 0.3376~0.3291-----Fib(1.272~1.382)
b) 0.3110-----Fib(1.618)
Stop losses:
a) 0.406
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BATUSDT trade ideas
BAT/USDTBAT / USDT
The floor of the ascending channel is broken and has fallen to the range of 29 cents.
Given that it has lost its support, it is predicted to fall 29 cents again and then rise to 44 cents from there.
If the 29 cents range does not support well, the 18.5 cents range is available.
#BAT #BTC #ETH #WEB3 #LUNA #UST
[ALTCOIN] BATUSDT TREND LINE ANALYSIS/a strong trend lineHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
Currently, there is a rebound in the horizon support section and it is rising along the upward trend, but it is showing a precarious appearance by failing to retest and posting again and repeating the retest.
Even if it goes up, it is expected to face resistance from the downward trend of thick red one to two times.
If it breaks through the downward trend of thick red, it can settle stably above the upward trend of thick blue.
BAT/USDT ANALYSISBAT rejected from the major resistance multiple times. The uptrend line work as support that is around the $0.735-$0.74 area. The major resistance is the $0.775-$0.795 area. A break and close above the $0.80 area is bullish and we see a move towards $1 area. You can add a long position near the $0.74 area with tight stop loss.
LONG #BAT $BAT // breakout + RSI divergence #basicattentiontokenim ready to long BAT as it formed a bullish rsi divergence on the daily timeframe in the past days and is now testing the 0.78 resistance: if we see a good 1D close above the 0.78 level we can set a nice long order targeting 0.94
stop loss would be around 0.71 for me
let me know what you think about this
Basic Attention Token BATIt has been fairly dull for many of the Crypto Currencies that I follow.
I noticed this squeeze and convergence in the pattern emerging on the 15 minute chart.
I realize that this isn't a huge breakout due to low volume but cool to see nonetheless.
I really enjoy this community and everything I learn.
Happy Charting!
BAT is it ready for a pump ?BAT, currently ranked #79 and being one of the top Digital Advertising tokens, might be getting ready for a large upside swing.
As we can see, the long-term uptrend trendline is now acting as the support. At the same time, the previous Fibonacci resistance at $0.8885 has become the support.
As long as BAT/USDT is ........