BASIC ATTENTION TOKEN - BAT/USDT - Daily - Technical analysis published on 04/16/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.267937 USDT
My targets
0.231274 USDT (-4.73%)
0.214210 USDT (-11.76%)
My analysis
In the short term, we can see an acceleration in the bearish trend on BASIC ATTENTION TOKEN - BAT/USDT, which is a positive signal for sellers. As long as the price remains above 0.267937 USDT, a sale could be considered. The first bearish objective is located at 0.231274 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.214210 USDT as an objective. Crossing it would then enable sellers to target 0.168068 USDT. If the price were to return above 0.267937 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.4
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USDT rating is 0.242757 USDT. The price is lower by -2.07% since the last closing with the lowest point at 0.231396 USDT and the highest point at 0.250680 USDT. The deviation from the price is +4.91% for the low point and -3.16% for the high point.0.231396
0.250680
0.242757
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of BASIC ATTENTION TOKEN - BAT/USDT indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. 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 bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.168068 | 0.214210 | 0.231274 | 0.242757 | 0.267937 | 0.286143 | 0.346121 |
| Change (%) | -30.77% | -11.76% | -4.73% | - | +10.37% | +17.87% | +42.58% |
| Change | -0.074689 | -0.028547 | -0.011483 | - | +0.025180 | +0.043386 | +0.103364 |
| Level | Minor | Major | Major | - | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.202483 | 0.221969 | 0.234923 | 0.254409 | 0.267363 | 0.286849 | 0.299803 |
| Camarilla | 0.238956 | 0.241930 | 0.244903 | 0.247877 | 0.250851 | 0.253824 | 0.256798 |
| Woodie | 0.199217 | 0.220336 | 0.231657 | 0.252776 | 0.264097 | 0.285216 | 0.296537 |
| Fibonacci | 0.221969 | 0.234361 | 0.242017 | 0.254409 | 0.266801 | 0.274457 | 0.286849 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040692 | 0.126191 | 0.182803 | 0.268302 | 0.324914 | 0.410413 | 0.467025 |
| Camarilla | 0.200336 | 0.213362 | 0.226389 | 0.239416 | 0.252443 | 0.265470 | 0.278497 |
| Woodie | 0.026250 | 0.118969 | 0.168361 | 0.261080 | 0.310472 | 0.403191 | 0.452583 |
| Fibonacci | 0.126191 | 0.180477 | 0.214015 | 0.268302 | 0.322588 | 0.356126 | 0.410413 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.146437 | 0.203360 | 0.269772 | 0.326695 | 0.393107 | 0.450030 | 0.516442 |
| Camarilla | 0.302268 | 0.313574 | 0.324879 | 0.336185 | 0.347491 | 0.358796 | 0.370102 |
| Woodie | 0.151183 | 0.205732 | 0.274518 | 0.329067 | 0.397853 | 0.452402 | 0.521188 |
| Fibonacci | 0.203360 | 0.250474 | 0.279581 | 0.326695 | 0.373809 | 0.402916 | 0.450030 |
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): | 35.05 | |
| MACD (12,26,9): | -0.0152 | |
| Directional Movement: | -18.097559 | |
| AROON (14): | -7.142858 | |
| DEMA (21): | 0.274125 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.342658 | |
| Elder Ray (13): | -0.039906 | |
| Super Trend (3,10): | 0.334533 | |
| Zig ZAG (10): | 0.241453 | |
| VORTEX (21): | 0.8171 | |
| Stochastique (14,3,5): | 26.62 | |
| TEMA (21): | 0.257712 | |
| Williams %R (14): | -78.66 | |
| Chande Momentum Oscillator (20): | -0.054108 | |
| Repulse (5,40,3): | -9.9006 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3363 | |
| Courbe Coppock: | 27.17 |
| MA7: | 0.274712 | |
| MA20: | 0.298657 | |
| MA50: | 0.312689 | |
| MA100: | 0.274076 | |
| MAexp7: | 0.266435 | |
| MAexp20: | 0.289972 | |
| MAexp50: | 0.295309 | |
| MAexp100: | 0.280430 | |
| Price / MA7: | -11.63% | |
| Price / MA20: | -18.72% | |
| Price / MA50: | -22.36% | |
| Price / MA100: | -11.43% | |
| Price / MAexp7: | -8.89% | |
| Price / MAexp20: | -16.28% | |
| Price / MAexp50: | -17.80% | |
| Price / MAexp100: | -13.43% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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