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BATUSDT trade ideas

BAT/USDT can create a new ATH after a Healthy correctionHi every one BASIC ATTENTION TOKEN / TETHERUS BAT has started a heavy correction recently you might wonder why? well if we use the Elliot waves principle we can understand that the price has completed the first 5 impulse waves and the correction waves has begun! as you can see the A and B waves are completed and the next expected movement is another correction wave so that the Elliot waves would be completed! as you know after the completion of Elliot waves the trend would continue and since the trend is bullish these days the price can create new ATH after this healthy correction. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
19
Long BAT but be mindful of risksBAT or Basic Attention Token has lost about 35% since last week’s high. Most of its upward price action since the beginning of the year came in just a handful of green double-digit days. So it looks like there aren’t any strong levels of support. To check if the bottom is in already, we’ve posted the following question to Hybrid Intelligence: “The cryptocurrency Basic Attention Token (BAT/USDT) settled at 1.0238 USDT at 10:05 AM UTC at the binance exchange on Friday, April 23. In your opinion, will BAT/USDT trade above 1.1774 USDT (+15.0%) at any time before April 30?” ------------------------------------- Assurance: 67% That’s a mildly bullish sign. Typically, an indicator above 70% would be considered strong and this one is just below this threshold. The price target was selected based on the recent volatility. You might want to adjust it based on your goals. Still, this looks like an attractive entry point.
Long
by Cindicator
1
BATUSDT is testing the lower trendline 🦐The price is creating an ascending channel and the price tested the lower trendline on 0.382 Fibonacci level. IF the price will hold the channel we could see another breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
3
BAT-USDT(Consolidation Breakout)Basic Attention Token, or BAT token powers a blockchain-based Brave Browser. Users can watch privacy-preserving adverts and receive BAT rewards in return. On the other hand, advertisers can deliver targeted ads to cut down losses due to ad fraud and abuse. On the Daily Time Frame, BAT has been trading in a range for the past 7 days and a similar pattern can be witnessed in the second week of March, breakout from the range pumped the price by ~70%. Key Points to watch out for- The support to the lower side is present at ~$1.35 while it seems determined to travel to the level of ~$2 .
Long
by TradeDog-Research