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BASIC ATTENTION TOKEN - BAT/USDT
BASIC ATTENTION TOKEN - BAT/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BATUSDT
ISIN:

BASIC ATTENTION TOKEN - BAT/USDT - 1H - Technical analysis published on 03/06/2023 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
78%
0%
22%
My opinion
Bearish under 0.263920 USDT
My targets
0.246000 USDT (-4.61%)
0.238733 USDT (-7.43%)
My analysis
In a bearish trend, the price of BASIC ATTENTION TOKEN - BAT/USDT tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.263920 USDT. A bearish break in the support located at 0.246000 USDT would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.238733 USDT. Then 0.220133 USDT by extension. It would be safer to wait for a bearish break in the support located at 0.246000 USDT before allowing yourself to re trade short positions (for sale) on BASIC ATTENTION TOKEN - BAT/USDT. PS: if there is a bullish break in the resistance located at 0.263920 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
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finacian
This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

BASIC ATTENTION TOKEN - BAT/USDT rating 0.257900 USDT. On the day, this instrument gained +0.66% with the lowest point at 0.249000 USDT and the highest point at 0.259700 USDT. The deviation from the price is +3.57% for the low point and -0.69% for the high point.

0.249000
0.259700
0.257900

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USDT indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Black evening star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.182880 0.220133 0.246000 0.257900 0.263920 0.269922 0.289729
Change (%) -29.09% -14.64% -4.61% - +2.33% +4.66% +12.34%
Change -0.075020 -0.037767 -0.011900 - +0.006020 +0.012022 +0.031829
Level Major Major Minor - Intermediate Minor Intermediate



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
Standard0.2430000.2490000.2526000.2586000.2622000.2682000.271800
Camarilla0.2535600.2544400.2553200.2562000.2570800.2579600.258840
Woodie0.2418000.2484000.2514000.2580000.2610000.2676000.270600
Fibonacci0.2490000.2526670.2549330.2586000.2622670.2645330.268200


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1835330.2181670.2387330.2733670.2939330.3285670.349133
Camarilla0.2441200.2491800.2542400.2593000.2643600.2694200.274480
Woodie0.1765000.2146500.2317000.2698500.2869000.3250500.342100
Fibonacci0.2181670.2392530.2522800.2733670.2944530.3074800.328567


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1818000.2151000.2686000.3019000.3554000.3887000.442200
Camarilla0.2982300.3061870.3141430.3221000.3300570.3380130.345970
Woodie0.1919000.2201500.2787000.3069500.3655000.3937500.452300
Fibonacci0.2151000.2482580.2687420.3019000.3350580.3555420.388700

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 55.57
MACD (12,26,9): -0.0004
Directional Movement: 9.493311
AROON (14): 78.571429
DEMA (21): 0.254538
Parabolic SAR (0,02-0,02-0,2): 0.251092
Elder Ray (13): 0.002786
Super Trend (3,10): 0.251760
Zig ZAG (10): 0.257900
VORTEX (21): 0.9363
Stochastique (14,3,5): 92.50
TEMA (21): 0.255886
Williams %R (14): -16.82
Chande Momentum Oscillator (20): 0.008000
Repulse (5,40,3): 0.7770
ROCnROLL: -1
TRIX (15,9): -0.0869
Courbe Coppock: 1.96
MA7: 0.279486
MA20: 0.289480
MA50: 0.265886
MA100: 0.235027
MAexp7: 0.256513
MAexp20: 0.255616
MAexp50: 0.258707
MAexp100: 0.266288
Price / MA7: -7.72%
Price / MA20: -10.91%
Price / MA50: -3.00%
Price / MA100: +9.73%
Price / MAexp7: +0.54%
Price / MAexp20: +0.89%
Price / MAexp50: -0.31%
Price / MAexp100: -3.15%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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