BAT USD bullish monthly close, upward continuation to ATH likelythe monthly BATUSD candle closed with minimal wick and onward continuation upwards is most likely. BAT may reach and exceed its ATH within the next 3-6 months.
Not financial advice.
BATWCRO_1FF363.USD trade ideas
$BAT I've been hopeful, but knew this was imminent
stocktwits.com
stocktwits.com
stocktwits.com
As I've said before, I'll have an order in overnight for something ridiculous like .245ish
Please refer to my last video, Abandon Ship
Won't even consider taking it back before .29
$BAT Abandon Ship!Ladies and gentlemen, one of the things that has been the absolute hardest for me to overcome or get a lasso on over the years is estimating time frames… Throughout the years, I have an uncanny tendency to find out I was right the first time, but everything always takes longer to occur that I think it's going to… But it almost always occurs...
Let me break it down for you with a live 15 minute analysis, I think you'll like this one… I am out of this position at about .326. I am now looking for at least 29 and possibly as low as 24.5 and this is something that I outlined in the very first video I posted.
This is going up in the long run, it will return to new highs, but I think that we're going to see some panic right now that will weeded a lot of people out and make room for new investors that wanted to get in, but thought they missed the rally… It is natural. It's like a heartbeat. It has to happen. You can't have huge incredible days every day without some kind of ameliorating sell off..
You've witnessed me buying and selling a lot over the past few days... That's what I do always ready with my finger on the trigger. You can get it wrong but if you're honest, and you know when you're wrong and you take action, you won't lose money..
Maybe you long-term guys aren't even concerned about a pull back to something like 24… Maybe something like 29 sounds like a stupid crazy waste of time to you.
But I am a trader by nature, I can't help it, It's what I do. I can't be an investor, I tried.
I refuse to ride these things down.
If I'm wrong, I would rather lose a little value on the way up than watch the balance in my account tick down like a backwards cab meter, but that's just me. I have made a lot of money in this thus far and I don't wanna see it vanish.
$BAT now begins another steady climb before parabolic accel.We just had a large market buy at the top of the ongoing intraday trend producing a large wick and a small candle body with no retracement and no sell-off, historically on this chart price then takes a slow steady march to the top of that wick before a large, emotional run-up powered by FOMO
I think we'll experience a slow down possibly at 40. I'll show you a trend line that would seem to confirm that. I'm not 100% certain but I don't think I'll let go of it at that point. I'll keep my eye on it. I think that I will hold until 48 and I'll show you a trend line and a historic high that I believe represents an extreme psychological resistance level. We'll see what happens after that but perhaps I'll buy back at 40 and then I'll hold again until perhaps 73 or as high as 75.
$BAT no more daytrading, time to ride to the next major highIf you've been following along with what I'm doing, for God sake, don't do what I do… If you are an investor, stay with it this is an amazing product that is bound for the stars.
We have some possible resistance or at least a small intermission at about 38, next major resistance I see is 48, followed by what I believe will be 68 before any major ranging might last for weeks or more. There are people out there saying $.50 and various numbers around there, but I think it might rocket straight through that level.
I am a day trader by nature and I have a lot of skin in this game, I have been trying to capture small ups and downs, perhaps like a fool, but I am in now until the next major high, I'll show you what I'm thinking in this video.
$BAT Breakdown signal, re-entry no higher than .267
Abandon ship🚢
If you have been following my video analyses on this symbol, I am extremely bullish in the long run, but sold my position this morning because a retracement seemed imminent… It appears to have begun. In my previous video, I defined clear breakout and breakdown boundaries for my position, I now have a buy order in at what might seem like an unattainably low price of .2267
The first support level would seem to be about .267
But this chart has a history of violent and rapid short term retracement after huge parabolic upward moves like this... One would fully expect price to retrace potentially to the center channel of the Bollinger bands on the daily bars if this sell off inspires the panic this chart has seen in the past, albeit momentarily, before returning to new interim highs, also extremely rapidly. Don't take your eyes off this one for possible support and reversal points as it may not get that low, but I see it as a definitely possibility.
$BAT trade update, confirmation test in progressI got out this morning just to play it safe because there's a lot of hesitation breaking through major resistance, and I just don't want to be caught off guard if it retraces… I am extremely bullish on this in the long run, just trying to capture some profits if it were to pull back… There is a specific line here that I need to see it close above and I will buy back in, and I forgot to say explicitly in the video, but the line directly underneath the one I'm talking about is the one I'd like to see it close below for confirmation of lower prices ahead. Again, I'm currently sitting on the sidelines because I just don't like losing money, don't wanna be caught off guard. I've had a really good run in this so far..
$BAT trade update - Bearish today on the basic attention tokenHappy Thanksgiving, everyone!
Live analysis with a day-trader with real skin in the game, currently heavily invested in the basic attention token, but I dumped it this morning.
I believe that this is going to retrace today and perhaps tomorrow down to at least 27.6… And we shall see what happens, if not much lower say 21 or 22...
But the downturn will be very short-lived.
This is an amazing product, and I am still very long in the long and near term, even just next week or this weekend could see incredible new highs… But I am a trader by nature, not an investor, and I don't like watching my account value go down at all, especially after being in that huge run up a few days back.
If I'm gonna lose my gains to the chart, I'd rather take them out temporarily and go buy something.
I show you exactly what I'm thinking - and it's people, ladies and gentlemen… This is about crowd psychology.
$BAT confirmation or failure of trend reversal signal?I had to jump back in ladies and gentlemen it's just taking too long to make any downward progress. When you look at the minuted and a gentle climb into the resistance without any volatility, just little candles stacked on top of candles diagonally means that this was probably a false reversal and it's going for new highs first.
$BAT how to identify the top of an intraday trendLadies and gentlemen, if you're following along, I did end up selling at this point - in my years of experience, this is a near fool-proof way of identifying a short term downturn.
I am still very long on this position overall, if you are an investor, do not let this go.
$BAT Trying to scalp some profitsTO sell or not to sell, that is the question...
How much is a penny really worth?
Trying to scalp basic attention token might be a terrible idea because this has vast potential in the extremely near future - as in this week - we may see $.50-$.60 by Friday and beyond next week it is totally possible.
I am actively in this position, and this is a live candid look into my brain, no thought went into this video.
Do not let go of basic attention token! $BATGood morning, ladies and gentlemen! I was up far too late again last night and I'm just waking up to this. I'm only working on about half my brain right now but here's a short little live groggy analysis, as I am in this position, and I am sure you should not let this go! Just quickly going over what I see with you and why I'm not going to sell at these first resistance points to try to take any small profits.
$BAT Trading update for previous live analysisPart of what makes or breaks a day trader is paying attention or at least setting alerts because things absolutely can change, but you are prepared, and if your lines are good and true, it is easy to identify confirmation and failure. I'll show you exactly how I did it with this line, currently I'm in this position again and the price is up from where I entered.
Live analysis of $BAT Basic Attention Token 1:30PM ESTA cogent analysis of the current price action and prediction for new buy point. 20min. I think this is an extremely good analysis worth everyone's time, and I know I made the video, but I usually hate everything I do… If I like something I did, well... I've been doing this for 25 years and I'm still alive, do with that information what you will.
BAT USD Breakout for cup and handle formationBullish Technical Analysis of BAT Token to USD on Coinbase
IntroductionThe Basic Attention Token (BAT) has shown promising signs of a bullish trend on the Coinbase exchange when charted against the US Dollar (USD). This document will delve into the technical indicators and chart patterns that suggest a strong upward trajectory for BAT.
Price Action and Trend Analysis
Recent Breakout: BAT has recently broken out of a descending triangle on the weekly timeframe, which is typically a bullish reversal pattern. After consolidating for months, the price has decisively moved above the resistance, signaling potential for an upward movement.
Moving Averages: The BAT/USD pair has crossed above both its 50-day and 200-day moving averages, which is often seen as a golden cross, an indicator of strong bullish momentum. This crossover suggests that the short-term trend is now aligned with the long-term trend, supporting the bullish outlook.
Support and Resistance Levels: The token has tested and broken through a significant resistance zone around $0.25, now potentially acting as a new support level. This shift could lead to a higher price target, with immediate resistance levels at $0.75, $1.56, and ambitiously, $2.80 in the near term.
Technical Indicators
Relative Strength Index (RSI): The RSI for BAT has moved out of the overbought territory and is currently hovering in a healthy range, suggesting there's room for further upward movement without being immediately overbought. This indicates sustained buyer interest.
MACD (Moving Average Convergence Divergence): The MACD line has crossed above the signal line, and the histogram shows increasing positive momentum. This crossover is another confirmation of the bullish trend in BAT/USD.
Volume: Accompanying the price breakout, there has been a noticeable increase in trading volume, reinforcing the validity of the breakout. High volume during uptrends often indicates strong market participation and commitment to the upward trend.
Chart Patterns
Cup and Handle: The BAT/USD chart shows elements of a cup and handle pattern on a longer timeframe, which is considered one of the most reliable bullish patterns. This pattern suggests that after a period of consolidation, there could be a significant move upwards.
W Pattern: There's a forming "W" pattern, which is another bullish indicator, showing that BAT might be preparing for another leg up after testing its support. A close above the current resistance could confirm this pattern.
Market Sentiment
Social Sentiment: Posts on X (formerly Twitter) have shown a predominantly bullish sentiment towards BAT, with many traders and analysts discussing the potential for BAT to reach new highs based on recent chart patterns and breakouts.
Conclusion
Based on the technical analysis, BAT/USD on Coinbase exhibits multiple bullish signals. The breakout from the descending triangle, positive momentum indicators like MACD and RSI, along with supportive chart patterns such as the cup and handle and "W" pattern, all point towards a strong potential for price appreciation. While no investment is without risk, the current technical setup suggests that BAT could be poised for significant growth, potentially targeting levels at $0.75, $1.56, and beyond in the coming weeks or months. Traders and investors should, however, continue to monitor these levels and adjust their strategies according to market developments.
(BAT) basic attention token "ICO"The origins of Basic Attention Token appear to show funding by ICO, crunchbase.com.
Initial coin offerings give a chance for people to buy the token before it is available for public trade on markets. Less decentralized than if the token had made no sales before being pushed to market.
BAT, the best browser token ?TSXV:BAT is the native token of Brave, one of the most used Web3 native browser.
We can observe that its price almost reached its long-term trend support during the accumulation of the bear market.
We can consider the zone between $0.11 and $0.50 as a good buying zone to constitute bags by DCAing.
We are going to have a bullish confirmation after a closure above the main resistance at $0.50.
The main resistance zone to put Take Profit will be around $0,96, $1.43 and $1.67. It would be a good strategy to sell step by step and increase the level of the Stop Profit to follow the trend and maximize the return on investment in case of bearish reversal.
BATdoes not include financial advice.
old altcoins can get a rise?
bat it can do?
I believe they will do it..
#BAT #BATUSD #BATUSDT #Analysis #Eddy#BAT #BATUSD #BATUSDT #Analysis #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of #Bitcoin from the link below :
BAT has a big potential (according the chart)According the chart, BAT has a big potential. I think this coin is undervalued since there is a use case behind. Lot of coins are sh**, this one has a lot of impact with Brave Browser and Search
BATUSD (4H) - Bullish breakoutHi Traders
BATUSD (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 0.2136 resistance level. Only the downward break of 0.1975 would cancel the bullish scenario.
Trade details
Entry: 0.2136
Stop loss: 0.1975
Take profit 1: 0.2236
Take profit 2: 0.2398
Score: 7
Strategy: Bullish breakout
BATUSD - Triple BottomA triple bottom has formed along the green horizontal line.
This is within a down channel so I expect once a small bounce happens upwards, continuation downwards will occur.
If this downwards continuation does not occur, assume full bullish.
