This is my analyse on BATUSDT . DAILY timeframe .
And BATBTC Is range. 0.0003 on BATBTC is important.if the market was bullish watch it.PLEASE Don't forgot risk and money management.
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BAT token is trading near the resistance and on daily TF we can see the momentum divergence.Im expecting BAT will break the resistance and move up to the next resistance.We can buy above 0.4567 USDT.
BAT is doing extremely fine even in btc retracement rally
Do note- BTC is been retraced not rejected and that due to DXY
BAT - Tech Check is very amazing, Above CPR with + DI in H1
Position long - At structure break and retest approx. .44
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3475).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BATUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.7056).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BATUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
breakout of the descending will give a clear direction of the price for now we can trade in this zone with tight stop losses and if price breaks upward wait for retest and then buy
After the downtrend from ath (1.93) bat is looking like it is going for a another ride.
It has bounced back from lower levels of (0.85 ) and looks like forming a inverted h&S in 4 hrs chart and can give breakout in the near future
Can go long if it breaks (1.24) with good volume on 4 hr
Allways keep your capital safe nd don't take excessive levg positings...
Unlike Bitcoin, BAT is bullish right now. It may be due to the Web 3.0 FOMO. The Web 3.0 is a trending topic and BAT is one of the projects of Web 3.0
Currently, it is making new highs and lows in a rising wedge chart pattern. It might go for another high around 2 USDT. You can hold it further too, as the fundamentals are strong. But, the rising wedge is one...
⚠️ Save to watch list and cheak the triger area before you take the risk ( volume its very important)
⚠️control yours Risk management
🙏it's only my idea and its not for Recommendation for any action
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BAT token had recently brokeout from the downward trendline and now it looks like it's bouncing back from the previous resistance which may now act as a support, i do soon expect a good bounce back with volume burst.This trade is also having a good RRR of 2, so do have an eye in it.
In this chart it is forming Bullish Flag Pattern and if this flag breakouts than our first target would $0.7148 and than $0.75, So keep eyes on this chart. Enjoy Free Signals ☺
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