Key stats
About Basic Attention Token
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.
Flight Of The BAT 🦇 Bat looks like it's ready to move. I have placed a long position overlay as a reference. Enjoy, trade safe!
✴️ Basic Attention Token Cup & Handle, Ultra-Bullish SetupBasic Attention Token (BATUSD) went through the same pattern as all the other Altcoins, that's the 1,2,3,4 Steps Pattern.
This pattern ended in a classic Cup & Handle that is already breaking upwards leading to an ultra-bullish chart setup.
Why is this chart setup ultra-bullish?
BATUSD currently
BATUSD (Daily) - Bullish reversalHi Traders
BATUSD (Daily Timeframe)
Waiting for the upward break of 0.217 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.183 would cancel the bullish scenario.
Trade details
Entry: 0.217
Stop loss: 0.183
Take profit 1: 0.237
Take p
All alts with this Chart Pattern will fly. Being Accumulated.My previous post on Bitcoin was wrong. Despite seeing a hidden bearish divergence signal, they sometimes appear falsely at bottoms when reversing.
While looking at alts, I noticed this about them. Zooming in to hourly time frames (I got several points of confirmation, including increase in volume
BATUSD (4H) - Bearish breakoutHi Traders
BATUSD (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.1955 support level. Only the upward break of 0.2082 would cancel the bearish scenario.
Trade details
Entry: 0.1955
Stop loss: 0.2082
Take profit 1: 0.1876
Take profit 2:
BATUSD (1H) - Bullish reversalHi Traders
BATUSD (1H Timeframe)
Waiting for the upward break of 0.239 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.232 would cancel the bullish scenario.
Trade details
Entry: 0.239
Stop loss: 0.232
Take profit 1: 0.244
Take prof
Crypto BATUSD LONG TF D1. TP = 0.3420On the daily chart, the trend started on January 1, 2023 (linear regression channel).
Since the trend is not over yet, there is a high probability of profit.
A possible take profit level is 0.3420
But do not forget about SL = 0.22
Good luck!
Regards, WeBelieveInTrading
BATUSD Valid Breakout???BATUSD has made a Breakout into bearish tendencies. Will this trend continue? Most likely this will happen and continue. Take care guys. This is not financial advice.
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