Hey Binance Square fam! 👋 Get ready to revisit an old friend with HUGE potential! 🤩 Basic Attention Token (BAT) is showing strong bullish signals, and the chart suggests we could be looking at gains of 350% or even a staggering 795%! Let's break it down! 🤓
Focusing on the Bottom: June 2023 as Our Launchpad! 🚀
The analyst points to the low set in June 2023 as a significant market bottom for this analysis. Let's see what the chart reveals from this perspective! 👇
$BAT Decoding the Signals! 🕵️♂️
* #1: Stop-Loss Hunt Leading to Bullish Wave! 🎣 Notice that dip below support followed by a strong recovery? That's a classic stop-loss hunt, shaking out weak hands before a significant upward move! And indeed, it led to a bullish wave! 🌊
* #2: History Repeats! Another Reversal Incoming! 🔄 Look familiar? The chart shows another dip below the long-term support (the June 2023 low), but guess what? It's now trading back above it! This is a powerful reversal signal! ↩️
* Bull Confirmation! ✅ Three Green Weeks! The price action has now printed three consecutive green weekly candles after that dip. According to the analyst, this confirms the bullish momentum! 🎉
Easy Peasy Bullish Squeeze! 🍋
The analyst sees this setup as straightforward! The stop-loss hunt at point #2 has cleared the way for a significant upward move. Do you agree? 🤔
Unlocking the Potential: Sky-High Targets! 🎯
Now for the exciting part: the potential gains!
* Easy Target: 350% Profit! 💰 Even a conservative target suggests a substantial 350% increase from current levels!
* Strong Target: A Whopping 795%! 🤯 A more ambitious target, based on previous market behavior, hints at a potentially life-changing 795% gain!
While the "strong" target might seem high, the analyst suggests even better targets could be in play, especially considering BAT's past performance! 🚀
Your Thoughts Matter! 🤔
The analyst wants to hear from you! What do YOU see on the chart? Do you agree that BAT is looking green and ready to grow? Boost this if you agree (or even if you disagree – engagement is key!). Let's discuss in the comments below! 👇💬
Patience is a Virtue: Long-Term Growth Ahead! ⏳
Keep in mind that significant gains can take time. The analyst suggests that a strong rise could take over a year to fully develop. With a potential low in August 2024, a high could be seen around August 2025.
Even Higher Highs? Looking Towards 2026! 🚀🌕
Taking the lowest point since the March 2020 bottom (around April 2025), a full year of bullish action could potentially lead to a new All-Time High around April 2026! While it might sound too good to be true, the analyst reminds us that bull markets can sometimes extend longer than expected! 😉
Let's hope this bullish momentum carries BAT well beyond 2025, giving us more time to adapt, plan, and secure those profits! 🥂
Thanks for diving deep into the BAT chart with us! 🙏
What are your price predictions for BAT in the coming months? Let's hear them! 👇
#BAT #BasicAttentionToken #Bullish #Crypto #BinanceSquare
#Altcoins #GrowthPotential #ToTheMoon 🚀🌕💰✨