BASIC ATTENTION TOKEN - BAT/USDT
BASIC ATTENTION TOKEN - BAT/USDT
- USDT (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: BATUSDT
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BASIC ATTENTION TOKEN - BAT/USDT - Daily - Technical analysis published on 06/20/2020 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 0.194500 USDT
My targets
0.227900 USDT (+2.66%)
0.256233 USDT (+15.42%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.194500 USDT remains possible. It is advisable to trade BASIC ATTENTION TOKEN - BAT/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.194500 USDT. The next bullish objective for buyers is set at 0.227900 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.256233 USDT. If there is any crossing, the next objective would be the resistance located at 0.281800 USDT. PS: if there is a bearish break in the support located at 0.194500 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

BASIC ATTENTION TOKEN - BAT/USDT rating 0.222000 USDT. The price registered an increase of +2.02% on the session and was between 0.216100 USDT and 0.223400 USDT. This implies that the price is at +2.73% from its lowest and at -0.63% from its highest.

0.216100
0.223400
0.222000

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this BASIC ATTENTION TOKEN - BAT/USDT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 9 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.130400 0.154467 0.194500 0.222000 0.227900 0.256233 0.281800
Change (%) -41.26% -30.42% -12.39% - +2.66% +15.42% +26.94%
Change -0.091600 -0.067533 -0.027500 - +0.005900 +0.034233 +0.059800
Level Minor Intermediate Major - Intermediate Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2064670.2103330.2139670.2178330.2214670.2253330.228967
Camarilla0.2155380.2162250.2169130.2176000.2182880.2189750.219663
Woodie0.2063500.2102750.2138500.2177750.2213500.2252750.228850
Fibonacci0.2103330.2131980.2149680.2178330.2206980.2224680.225333


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1602330.1854670.2089330.2341670.2576330.2828670.306333
Camarilla0.2190080.2234720.2279360.2324000.2368640.2413280.245793
Woodie0.1593500.1850250.2080500.2337250.2567500.2824250.305450
Fibonacci0.1854670.2040700.2155630.2341670.2527700.2642630.282867


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0921000.1333000.1723000.2135000.2525000.2937000.332700
Camarilla0.1892450.1965970.2039480.2113000.2186520.2260030.233355
Woodie0.0910000.1327500.1712000.2129500.2514000.2931500.331600
Fibonacci0.1333000.1639360.1828640.2135000.2441360.2630640.293700

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.70
MACD (12,26,9): 0.0021
Directional Movement: -6.111508
AROON (14): -42.857141
DEMA (21): 0.229232
Parabolic SAR (0,02-0,02-0,2): 0.247501
Elder Ray (13): -0.005149
Super Trend (3,10): 0.211323
Zig ZAG (10): 0.220400
VORTEX (21): 1.0287
Stochastique (14,3,5): 21.75
TEMA (21): 0.223849
Williams %R (14): -74.32
Chande Momentum Oscillator (20): -0.035300
Repulse (5,40,3): 0.5888
ROCnROLL: -1
TRIX (15,9): 0.3892
Courbe Coppock: 10.26
MA7: 0.221714
MA20: 0.230675
MA50: 0.213076
MA100: 0.183234
MAexp7: 0.222825
MAexp20: 0.224379
MAexp50: 0.213537
MAexp100: 0.204057
Price / MA7: +0.13%
Price / MA20: -3.76%
Price / MA50: +4.19%
Price / MA100: +21.16%
Price / MAexp7: -0.37%
Price / MAexp20: -1.06%
Price / MAexp50: +3.96%
Price / MAexp100: +8.79%

Quotes : 2020-06-20 11:49:45 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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