Bullish Engulfing Candle For BATUSD Start of Alt Season?Some $#!+ coins showing life.
You are responsible for the choices you make. I'm just a guy looking at pictures. This is not advice.
Market insights
BAT is going to moon hardBAT has been under accumulation for over 5 years now. When the ICO was held for BAT in 2017, Brave got 1/3 of the circulating supply to use for growth purposes such as the referral program. As of now, Brave has used nearly all of their ICO funds and the supply is now fully circulating. The browser now has tons of users and the search engine traffic is growing fast. The problem with BAT up to this point has been a lack of utility but the new roadmap that comes out this month is going to include a lot of new use cases for BAT such as keyword staking and some other things. The BAT ads for the search engine should be rolled out within the next few months as well. The order books on this coin are already incredibly thin, and even the small BAT buys for the notification ads leave a huge footprint in the price. When the search ads come out the size of ad purchases will increase drastically and there will be tons of money pumped into this coin. BAT will have nowhere to go but UP.
Mark my words - BAT will do 100x from here.
BATUSD huge downside potential (50 % dump)BATUSD looks like it's ready to capitulate together with other altcoins.
Support already failed (check on daily or lower timeframes). We expect a follow through in the next days and weeks.
There are multiple support levels (red lines) where you can take profit if you're shorting.
If we see 50 % capitulation, it may a great buying opportunity, however BAT is a coin from 2017 so it's kinda old coin so the risk may be even higher as nobody knows how much money the team has to continue this project.
Anyway, the chart looks ugly and most likely it will become worse before we see a rise.
But wait, their's more.I believe BAT will continue to fall for at least the next 20 days. It still has about 20% to go until we hit the floor on Gemini. What do you think?
Logscale Bullish Shark on BATThe Weekly Chart has a Logsclae Bullish Shark and Falling Wedge and is looking to atleast reclaim that 61.8% Retrace Area.
BATUSD shortTwo levels of supply ill find it hard to even move past the first dropping -29% percent in the last 5 days and is predicted to be a dollar by 2024 at current pace.
BAT 1H Facing ResistanceBAT 1H facing resistance. On this low time-frame, BAT may post a red candle within the next few.
Basic Attention TokenProbably one of the most underrated coins on the market. If you aren't following it you need to follow my updates going forward. Crypto has taken a huge hit and I expect that if it doesn't turn around this week then we will have some better buying opportunities in the future. This trend line break poses a possible long opening up with some other levels to add on to the position. BAT is one of the only coins with an actual use case so don't sleep on it.
when the market gets in to a bull run we will find out selves at .70 cent making this an easy 3x opportunity and even more so on leverage. Happy trading! stay tuned for me. Thanks for the support family!
BATUSD Double Bottom
BAT has reached its underlying uptrend and has formed a double bottom along this line
I expect the bulls to come in charge and alter this current trend
Green horizontal is the double bottom line
BATUSDBINANCE:BATUSD
👉 The price has formed a potential head and shoulders reversal pattern after 3 months of consolidation.
👉 Fixing the price above 0.46 will make it possible to consider a potential buying trade idea with a take profit around 0.75.
👉 Cancellation of the trading scenario - fixing the price below 0.3466
BATUSD - Reached Underlying UptrendBAT has been through some bearish action following a double top structure
Right now it has reached an underlying uptrend in white
This is a good point for a potential recovery, entry for the bulls
2022-07-19 _ BATUSD AnalysisBATUSD is now in accumulating phase and near to breakout. as it will break out accordingly fib resistance, it will go bullish
BATUSDWe have two good news:
- EMA 20 cross EMA 50 at 4H,
- downtrend line has been broken (picture).
and it is possible that EMA 20 will cross EMA 50 at daily chart.
Good luck!!!!
Basic Attention Token Showing Bullish BiasBAT/USD is showing bullish bias. Roughly 25% gain to the 1.618% Fibonacci if Bitcoin doesn't drive the trajectory back down through the channel. Right now it's all hands on deck with clear predominance of demand in the volume.
BATUSD ❕ ascending wedgeTrading volumes declined.
Volatility has declined.
BAT is above liquidity.
TD Sequential indicator has formed a reversal signal down at 30m Timeframe.
I expect that the price will test the support level, and after fixing under it will begin the correction.
We Have a Double Bottom at the PCZ of a Bullish Butterfly on BATPretty much everything you need to know is in the title but if i were to elaborate on some details i'd add the fact that there is Bullish Divergence on both the Daily MACD and RSI.
2022-06-21 _ BATUSDaccumulation for BATUSD is looking complete... soon will accelerate if it break 1st entry point.
Short on BATUSD (Leverage Trade)With the current crypto sell-off that we are going through and the overall crypto meltdown,with our team we have prepared another short trading idea which looks at capitalizing on the overall market trend:
🔹 Leverage 10x
🔹 Entry price: 0.30-0.31 (current price)
1) Target 🎯 : 0.295
2) Target 🎯 : 0.29
3) Target 🎯 : 0.27
⛔️ STOP: 0.331
bat/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Bat's next possible run.
