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BATUSDT trade ideas

BAT Bull flag consolidation before another move up?Hello traders, On 1H chart we can see that BAT is forming huge bull flag after nice growth. This downtrend channel is just regular consolidation after bigger move up. BTC dominance is still falling, next support is at 58% so there is much more space for alts to grow. There are also rumors that BAT is one of candidate for Grayscale portfolio (cryptobriefing.com) It this becomes reality, BAT will obtain huge pump up. But for now, it is just speculation. In case of entering long - if entering long above lower flag trendline, put SL under lower tl, if entering long above upper channel tl, sl below upper sl. Always use stoploss. I will appreciate like & follow if you like this setup. This is just idea, not investment advice TRADE WITH BRAIN, NOT GREED
Long
by HuskyTrader9
6
$BAT - Breakout BeautyYes lads, posted this setup 2 days ago now and it did exactly what we were after, Really nice technical setup, partnered with good press allowed it to break to the upside nicely and return good profits on longs Where next? Of course I would like to see it try and claim the 0.786 but the sell pressure just beneath indicated by bearish engulfing suggests to me that its most likely suitable to close positions Im looking for it to start trading between these higher levels than the lower ones which we broke out from - fundamentally it is strong so would be good to see this reflect in the price, instead of it just dumping back down to where it came from Quick side note: BTC does look ropes which will harm altcoins, as there is a higher level of panic in the market, and this is most likely the reason we haven't got to $0.37 yet!
by InvestmentsHub
BATUSDT nice breakout 🦐 IPFS is coming!$BAT.X had a nice breakout from bullflag and from weekly resistance. Nice news about BRAVE browser, it will support IPFS (InterPlanetary File System) soon. We could see another new impulse untile the monthly resistance. 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
7
Bullish $BAT - targets 37 cents?If BTC can hold strong this will do very well! Bullish break of the wedge, successful retests, and pushes on In addition, $BAT the token for Brave Browser has had very good fundamental news in the recent week: - Added fundamental support for IFPS = peer - to - peer file sharing and further security protocols - Google also threatening to charge users and firms in Australia due to mishaps with the Australian Government. Could see a rise in the userbase of the Brave Browser... It is eyeing that first 0.618 fib - $0.317 and then above to the 0.786 at $0.37 Seems very likely if BTC isn't shakey - which it is - so be steady. Watching 4HR close around the 200MA, always been a very strong player in cypto, should gives us stronger indication of the forth-coming waves.
Long
by InvestmentsHub