BYBIT:BATUSDT
4H time frame
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BAT forms a double top on 4H time frame chart, it breaks out the neckline of the pattern now.
We can short it here, and trading strategy as below.
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Profit Targets:
a) 0.3376~0.3291-----Fib(1.272~1.382)
b) 0.3110-----Fib(1.618)
Stop losses:
a) 0.406
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BAT / USDT
The floor of the ascending channel is broken and has fallen to the range of 29 cents.
Given that it has lost its support, it is predicted to fall 29 cents again and then rise to 44 cents from there.
If the 29 cents range does not support well, the 18.5 cents range is available.
#BAT #BTC #ETH #WEB3 #LUNA #UST
BAT /usdt is at a multi year support.
it's a longer term play.
BUY below 0.375
Stop your losses only if WEEKLY candle breaks the white trendline.
Sell at targets,depending on your timeframe.
but if this support holds again,you should never see it a lower price
Great risk reward ratio here
We observe the completion of the triangle - wave B, cancellation pivot - 0.368, confirmation pivot 0.414. The target for wave C is 0.465-0.475. From there we will consider the possibility of opening short positions since our 3-wave pattern was correction in relation to the highest order of the waves
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There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank...
BAT candles closes below $0.68 and broken the local support too. Currently, price retesting the support as resistance and started ranging in LTF. BAT will continue the dump unless it flip the structure.
Bat breaking downtrend resistance and climbing back above strong support zone, good sign for the bulls!
targeting .7579-.7769-.7959
#batusdt #batusd #bat #Crytpo
BATUSDT (Long)
Price is mostly likely expected to hit support zone at 0.7359 and move up to form a HH. Wait for formation of bullish candlestick above support zone at 0.7359
SL at 0.7105 (below previous HL)
TP1 at 0.7872 (sell 50% of the trade)
TP2 at 0.8228 (sell the rest)
BAT rejected from the major resistance multiple times. The uptrend line work as support that is around the $0.735-$0.74 area. The major resistance is the $0.775-$0.795 area. A break and close above the $0.80 area is bullish and we see a move towards $1 area. You can add a long position near the $0.74 area with tight stop loss.
im ready to long BAT as it formed a bullish rsi divergence on the daily timeframe in the past days and is now testing the 0.78 resistance: if we see a good 1D close above the 0.78 level we can set a nice long order targeting 0.94
stop loss would be around 0.71 for me
let me know what you think about this
Watching $BAT BASIC ATTENTION TOKEN.
- RSI Bull Divergence
- Holding Feb 2021 Highs
#BAT breaking above 50 RSI on daily can give us a pump towards $0.86.
#btc #Bitcoin
TP 0.92 // SL 0.75
If we see a nice breakout of the 4h resistance zone (a 1D candle closing above it) we can consider placing a LONG on BAT in my opinion
let me know what you think about this
I stand corrected.
In my last post I didn't see much of a breakout occur but it did breakout somewhat.
I am new here but learning quite a bit..
Happy Trading
BINANCE
![BATUSDT: [ALTCOIN] BATUSDT TREND LINE ANALYSIS/a strong trend line](https://s3.tradingview.com/o/Oqu69Tor_mid.png "[ALTCOIN] BATUSDT TREND LINE ANALYSIS/a strong trend line")
