BASIC ATTENTION TOKEN - BAT/USDT
BASIC ATTENTION TOKEN - BAT/USDT
- USDT (-)
- Real time data - Cryptocompare
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Change: -
Volume: -
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Type: Cryptocurrencies
Ticker: BATUSDT
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BASIC ATTENTION TOKEN - BAT/USDT - Daily - Technical analysis published on 09/03/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
6%
56%
39%
My opinion
Bullish above 0.301067 USDT
My targets
0.340167 USDT (+8.71%)
0.402500 USDT (+28.64%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BASIC ATTENTION TOKEN - BAT/USDT. As long as you are above the support located at 0.301067 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.340167 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.402500 USDT as an objective. Crossing it would then enable buyers to target 0.437200 USDT. If the support 0.301067 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.6

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The BASIC ATTENTION TOKEN - BAT/USDT rating is 0.312900 USDT. The price registered a decrease of -1.20% on the session and was between 0.301500 USDT and 0.320100 USDT. This implies that the price is at +3.78% from its lowest and at -2.25% from its highest.

0.301500
0.320100
0.312900

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Abnormal volumes on BASIC ATTENTION TOKEN - BAT/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of BASIC ATTENTION TOKEN - BAT/USDT in Daily shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

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

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.154511 0.242625 0.311000 0.312900 0.402500 0.437200 0.860700
Change (%) -50.62% -22.46% -0.61% - +28.64% +39.73% +175.07%
Change -0.158389 -0.070275 -0.001900 - +0.089600 +0.124300 +0.547800
Level Minor Major Major - Intermediate Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2639330.2833670.3000330.3194670.3361330.3555670.372233
Camarilla0.3067730.3100820.3133910.3167000.3200090.3233180.326628
Woodie0.2625500.2826750.2986500.3187750.3347500.3548750.370850
Fibonacci0.2833670.2971570.3056770.3194670.3332570.3417770.355567


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1833670.2504330.3010670.3681330.4187670.4858330.536467
Camarilla0.3193330.3301220.3409110.3517000.3624890.3732780.384068
Woodie0.1751500.2463250.2928500.3640250.4105500.4817250.528250
Fibonacci0.2504330.2953950.3231720.3681330.4130950.4408720.485833


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0266330.1285670.2382330.3401670.4498330.5517670.661433
Camarilla0.2897100.3091070.3285030.3479000.3672970.3866930.406090
Woodie0.0305000.1305000.2421000.3421000.4537000.5537000.665300
Fibonacci0.1285670.2093980.2593360.3401670.4209980.4709360.551767

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): 45.56
MACD (12,26,9): 0.0100
Directional Movement: -0.908968
AROON (14): -92.857143
DEMA (21): 0.349288
Parabolic SAR (0,02-0,02-0,2): 0.405227
Elder Ray (13): -0.025281
Super Trend (3,10): 0.285599
Zig ZAG (10): 0.310600
VORTEX (21): 1.0524
Stochastique (14,3,5): 11.59
TEMA (21): 0.343451
Williams %R (14): -93.88
Chande Momentum Oscillator (20): -0.088400
Repulse (5,40,3): -8.7866
ROCnROLL: -1
TRIX (15,9): 0.9472
Courbe Coppock: 0.37
MA7: 0.336729
MA20: 0.344655
MA50: 0.294304
MA100: 0.268249
MAexp7: 0.331732
MAexp20: 0.331494
MAexp50: 0.304497
MAexp100: 0.275189
Price / MA7: -7.08%
Price / MA20: -9.21%
Price / MA50: +6.32%
Price / MA100: +16.65%
Price / MAexp7: -5.68%
Price / MAexp20: -5.61%
Price / MAexp50: +2.76%
Price / MAexp100: +13.70%

Quotes : 2020-09-03 09:11:38 - Real time data - Cryptocompare

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

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