BATUSD trade ideas
a usual suspect $2 tagged BAT is not an astronomical but an expected by the followers of the project so I've drawn my prediction for the path to that goal. Being supported by the 0.618fib, BAT might climb all the way to $2 which makes %100 gain. I'll be watching this very closely next week.
bat usd short then buy?potential short then upward movement,
i would like to see us fall to my support for a buy,
so sell to buy,
i dont trade when it moves sideways tho
BATUSD - LOOKS BULLISH!!! 🚀Previously completed the Falling wedge and jumped from there. Now we clearly can see an ascending forming-up.
Momentum is at its lowest though.. IF we won't gain any momentum in the upcoming days, the triangle can be broken with a bearish run.
Good news:
The operator of the Grayscale Bitcoin Trust (GBTC), Ethereum Trust (OTCQX: ETHE), and Litecoin Trust (OTCQX: LTCN), among others, announces the launch of trusts into five more cryptocurrencies. The new funds will hold tokens for Chainlink (LINK-USD), Filecoin (FIL-USD), Livepeer, Basic Attention (BAT-USD), and Decentraland (MANA-USD). All are surging higher in morning action.
BAT Weekly , Breakout?It seems that there is no resistance on the bat anymore and the price can increase...
like if you agree , GoodLucK...
BAT update - diligently building a falling wedgeIn the very short term, I think it will keep retracing.
But then I'm very bullish on the breakout of the falling wedge to the upside.
The support and resistances on the chart or BTC will determine when it breaks out.
I wouldn't short this right now. Too much upside potential
BAT building a new falling wedge LOLThings are playing out just as we expected.
Two new potential areas to touch.
Falling Wedge forming again. I expect it to come down
BAT loves the falling wedge haha.
More info is written on the chart.
BAT loves the Falling WedgeWe just had a nice breakout in BAT after a falling wedge.
Volume seems to be slowing down. Let's see how this plays out. Next Target upper channel before All Time High
Things about to get BATish crazyHolding true to this gann fan. DEX. $5 bat this year wouldn't surprise me one bit. They are launching a DEX aggregator built in to their browser, where you save on fees by using BAT. So, maybe people will start locking in their gas prices? Just a thought.
batusd tradeBroke 2 year range and right now is retesting the range, I bought a bag and planning to buy a little more on range high
Let's see what market gives us.
BAT: short term correction, long term growth. BAT seeing some air.
Could see a retracement before the next jump up.
General current events regarding the browser that this token is used on seem positive. (Positive social sentiment)
Even without that it seems to be on its way in a uptrend in its larger cyclical lifecycle.
BAT needs a breather...looking at BAT we can see major bearish divergence. after a strong rally we appear to be creating a rising wedge candlestick pattern which indicates a reversal. This however is still bullish long term. it would only be a small correction in comparison to the monthly run.
however if we do break to the upside we will moon & continue the run (on other coins e.g. eth and btc i have seen these patterns break bullish repeatedly so this is not invalid)
BAT/USD - Ready for ATH at $1 🚀🚀🚀BAT is quickly moving for a retest of its old ATH at $1. Nice.
Where are we now?
We seem to have reached resistance at $0.87 cents. I'd be surprised to push higher from here as this resistance should push us lower before BAT has another shot at ATH / $1.
Possible path on the chart. This cooldown could provide a good re-load opportunity to ride the wave towards ATH once that new push starts.
The indicators are all very bullish:
1. Increasing volume on this move up - bullish
2. MACD very bullish with a positive cross on daily
3. RSI pushing higher still
This train won't stop, so $1 is pretty certain at this point, just a matter of time, beyond that we will have to revisit the chart.
Best to see if you can catch a wick down before another push up.
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