BATUSD is perched upon a key Fibonacci circle level
A position like this allows it to bounce off the fib line and possibly reach a new ATH
A falling Wedge pattern is evident earlier in the price history
It is also positioned between the 0.786 and 0.618 fib level
BAT/ETH is one of the duos where I feel I can earn just a little extra from, when the Altcoin Season Arbitrage hits. Reason being, is that it feels like we now have 3 separate tiers of coins to sell into, ETH / BTC was the original, which I will still take advantage of. Then we have coins like LINK/ETH and BAT/ETH all available on Coinbase Pro.
The Alts SHOULD...
Hello there ladies and gentlemen, BulloTaurus here with another interesting and undervalued project for today.
BAT/BTC is looking very promising, and it seems it is going to break its long accumulation phase. I doubt it will retest the new support again because of huge volume and upcoming developments.
It is clear that we are going to leave the accumulation zone...
THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
BAT token is breaking resistance. If it can break .65 it can go straight to $1.08
The next reasons I like BAT and went big on it TODAY are more fundamental reasons. It is on Coinbase and on Voyager Digital brokerage , which...
NOT FINANCIAL ADVICE. I have posted this several times the past couple weeks, but it is such a good set up and long term play that I am trying to get as much of retail in as possible before someone like greyscale buys them all up with their new trust!
"Contraction/Consolidation period b4 pop to previous high of yesterday?
Or Bearish signal to lows of last night (eastern USA time)
With low volume I say a bit more consolidation until monday then pop unless something fundamentally changes it's bullish course."
THIS IS NOT FINANCIAL ADVICE
First target on BAT is .50. I will sell 20% of my position there. another 25% of original position at 1.00, and another 25% of my original position at 2.50. I will hold the remaining 30% of my original position until 5.00 at least. If it hits 5.00 I will likely take complete profit except 5% of my original position and let that ride...
This is not financial advice - I just quadrupled down on BAT token for several reasons. First and foremost, the chart of BAT/BTC is bottoming out and a new uptrend is beginning against bitcoin (at least in the short term). After that last 2 week candle close it is pretty obvious that is the bottom for me. When I look at the USD charts for BAT I notice very...
-The top may have been set for Basic Attention Token
-If this pullback will continue further for the remaining of this week
-The important levels to be watching is 2800-2600 sat range
-It needs a lot of pressure to bring the price down to our target zone
-But having a concrete plan on your next trade setup will help you limit the risk
-Be sure to have...
What do we think about this? I think it could actually play out. I think BAT has some room to move and there is some bullish sentiment around the fact that it already has use cases with Brave. Which i currently use and has been mentioned on Joe Rogans podcast a while back.
-currently forming a bullish descending channel
-testing the trendline resistance
-we also have a bullish rejection at previous support
-best trading strategy is to buy the break of trendline
-your target is the swing top resistance at 3300s
-stoploss is placed under 2150s
-new resistance top at 0.2561 area
-consolidating above Cross Ultimate Moving averages
-this is still a bullish sign as the price holding support
-cross ultimate indicator signal priority is still Long
-enter a trade on breakout & candle closed above the 0.2168
-stoploss is placed under 0.1978
-cross ultimate indicator priority is Long @ 7th April
-strong sell area is reached last 9th May
-market drop as BTC dump the price to 8k regions
-if the price can hold the current levels
-we could see a potential upside bounce
-our key stoploss is below the green box support
The MOST important figure is 2093 -- AKA THE STOP LOSS.
If you're NOT new to my publications then you've seen me press on this point OVER and OVER again, and I apologize for sounding like a broken record: but those who are new need to hear it!
It breaks my heart to see so many new excited crypto enthusiasts transition into new adopters only to get CRUSHED by...
BAT just barely closing below important support at 2200 sats level and currently holding it for 7 days already.
BAT is approaching immediate trend-line resistance which is located between 2300-2400 sats.
If the bulls can break this key trend-line, we may conclude that new support is built and we can expect a short-term rally up to 2700-3000.
If you are a...
Entry : 0.00002348 - 0.00002251
Target 1 : 0.00002505
Target 2 : 0.00002722
Target 3 : 0.00002863
Target 4 : 0.00003264
Target 5 : 0.00003455
Stop loss : 0.00002154
Risk/Reward : 5%/52%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press...
Looking for a retest of the 0 fib line, very strong regression downtrend (0.92), double top has formed. Will this lead to a new oscillation trend as previously seen in bull runs of BAT? Feedback and areas to improve appreciated.