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Basic Attention Token / TetherUS

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BATUSDT trade ideas

reach its highest resistance levelYou can see that the Bat_token is going to reach its highest resistance level for the seventh time. Additionally, despite the fact that Bitcoin is hovering around 24k at the moment, we do not observe any indication of a downtrend in the Bat_token. Despite the fact that we traded a lot on this coin, Now, the most crucial aspect is that this chart of Bat_Token opened in a single day. If a candle closes above 0.336 to 0.36 in a single day, an uptrend from 0.4 to 0.48 is certain.
Long
by knox_365
BATUSDT is testing the Key level!The BATUSDT pair is currently forming an ascending channel as it creates "Higher Highs" and "Higher Lows". In technical analysis, Higher Highs refer to a situation where each subsequent peak of the price is at a higher level than the previous one. Similarly, Higher Lows refer to a situation where each subsequent trough of the price is at a higher level than the previous one. These patterns indicate a bullish trend in the market and suggest that buyers are in control. This is a positive development for those who are bullish on BATUSDT. The price has tested the resistance level at 0.31$ and we are waiting for a clear breakout. If the breakout occurs, it could signal a continuation of the bullish trend and further price appreciation. In such a scenario, traders can apply Plancton's Rules to maximize their profits and minimize risks. These rules provide guidelines for entering and exiting trades based on market conditions, and are used to make informed trading decisions. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
8
Basic Attention Token BAT/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. I copied the chart from Coinmarketcap since tradingview doesn't have the full historical price data of BAT. The start of this wave 1 begun around .07 cents and wave 5 ended at $1.9. On this chart I have drawn a completed WXYXZ wave cause I think the bottom is in. We do have a possibility of another leg down to .09 cents. However, I think that is very unlikely, but I will show you that in an updated chart below zoomed in. From today's price the R/R ratio is 18. Possible upside 1137% Possible downside: 63% Wave 1 on the bigger trend took us 4 years to complete. Wave 3 on the bigger trend should take us at least 4 years. My estimated guess is about 6 years. JAN 2023 - DEC 2028.
by AyoKu
4
Copy of BAT keeper Chart with DWEB trend Gann fan added. See original below with DWEB trends turned on. DWEB trend nodes are marked with red shaded circles. The Gann fan simply connects nodes at a 1/1 ratio. This should prove to be an added tool for price prediction. What to watch for in terms of price action: Price captures trends? Price respects/follows or rejects/fails trends and retest? Look for patterns and make buy/sell thresholds. How does price react at each crossing at each drawing? Trade confluence and confirmation based on your timeframe and risk limits. Long-term outlook I want to build longs only if I see confirmation and confluence across multiple charts. See link to part 1 (private chart )
Long
by CaptBlackBeard
4
RLinda ! BATUSDT-> Coin prepares to riseBATUSDT on the background of the rollback of the whole cryptocurrency market feels quite confident. Breaking resistance in the moment passes into the consolidation phase in the long zone Breaking through the wedge resistance can provoke the price for a strong momentum. At the moment the key support level of 0.2195 plays an important role. If the bulls manage to hold this level, the price can create a good upward movement in the near future. The "Downward Wedge" pattern is a bullish set-up. I expect the price to consolidate above the level of 0.2195 and form a growth. The short-term target is resistance at 0.2847. Medium-term targets are 0.3432 and 0.4354. Regards, R.Linda!
Long
by RLinda
23