BASIC ATTENTION TOKEN - BAT/USDT - 1H - Technical analysis published on 10/21/2019 (GMT)
- 185
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 0.220500 USDT
My targets
0.225300 USDT (+1.30%)
0.231300 USDT (+4.00%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on BASIC ATTENTION TOKEN - BAT/USDT as long as the price remains well above 0.220500 USDT. The buyers” bullish objective is set at 0.225300 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.231300 USDT. If there is any crossing, the next objective would be the resistance located at 0.237700 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.9
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:
Additional analysis
Quotes
BASIC ATTENTION TOKEN - BAT/USDT rating 0.222400 USDT. On the day, this instrument lost -1.68% and was traded between 0.217700 USDT and 0.226500 USDT over the period. The price is currently at +2.16% from its lowest and -1.81% from its highest.0.217700
0.226500
0.222400
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USDT indicates that the overall trend is bullish. The signals given by moving averages are 75% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.211180 | 0.216286 | 0.220500 | 0.222400 | 0.225300 | 0.231300 | 0.237700 |
| Change (%) | -5.04% | -2.75% | -0.85% | - | +1.30% | +4.00% | +6.88% |
| Change | -0.011220 | -0.006114 | -0.001900 | - | +0.002900 | +0.008900 | +0.015300 |
| Level | Major | Intermediate | Minor | - | Minor | Major | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.189900 | 0.197200 | 0.211700 | 0.219000 | 0.233500 | 0.240800 | 0.255300 |
| Camarilla | 0.220205 | 0.222203 | 0.224202 | 0.226200 | 0.228198 | 0.230197 | 0.232195 |
| Woodie | 0.193500 | 0.199000 | 0.215300 | 0.220800 | 0.237100 | 0.242600 | 0.258900 |
| Fibonacci | 0.197200 | 0.205528 | 0.210672 | 0.219000 | 0.227328 | 0.232472 | 0.240800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.144200 | 0.168600 | 0.188900 | 0.213300 | 0.233600 | 0.258000 | 0.278300 |
| Camarilla | 0.196908 | 0.201005 | 0.205103 | 0.209200 | 0.213298 | 0.217395 | 0.221493 |
| Woodie | 0.142150 | 0.167575 | 0.186850 | 0.212275 | 0.231550 | 0.256975 | 0.276250 |
| Fibonacci | 0.168600 | 0.185675 | 0.196225 | 0.213300 | 0.230375 | 0.240925 | 0.258000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.062600 | 0.104100 | 0.138500 | 0.180000 | 0.214400 | 0.255900 | 0.290300 |
| Camarilla | 0.152028 | 0.158985 | 0.165943 | 0.172900 | 0.179858 | 0.186815 | 0.193773 |
| Woodie | 0.059050 | 0.102325 | 0.134950 | 0.178225 | 0.210850 | 0.254125 | 0.286750 |
| Fibonacci | 0.104100 | 0.133094 | 0.151006 | 0.180000 | 0.208994 | 0.226906 | 0.255900 |
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): | 51.20 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 4.803769 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 0.221644 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.224478 | |
| Elder Ray (13): | -0.001423 | |
| Super Trend (3,10): | 0.212354 | |
| Zig ZAG (10): | 0.219400 | |
| VORTEX (21): | 1.0652 | |
| Stochastique (14,3,5): | 26.07 | |
| TEMA (21): | 0.221867 | |
| Williams %R (14): | -80.68 | |
| Chande Momentum Oscillator (20): | -0.004500 | |
| Repulse (5,40,3): | 0.1161 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1522 | |
| Courbe Coppock: | 0.69 |
| MA7: | 0.219257 | |
| MA20: | 0.203055 | |
| MA50: | 0.186792 | |
| MA100: | 0.200561 | |
| MAexp7: | 0.220029 | |
| MAexp20: | 0.219563 | |
| MAexp50: | 0.217643 | |
| MAexp100: | 0.216711 | |
| Price / MA7: | +1.43% | |
| Price / MA20: | +9.53% | |
| Price / MA50: | +19.06% | |
| Price / MA100: | +10.89% | |
| Price / MAexp7: | +1.08% | |
| Price / MAexp20: | +1.29% | |
| Price / MAexp50: | +2.19% | |
| Price / MAexp100: | +2.63% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis BASIC ATTENTION TOKEN - BAT/USDT - 1H