BASIC ATTENTION TOKEN - BAT/USDT - Daily - Technical analysis published on 12/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.202900 USDT
My targets
0.182067 USDT (-6.54%)
0.134767 USDT (-30.82%)
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 0.202900 USDT, a sale could be considered. The first bearish objective is located at 0.182067 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.134767 USDT as an objective. Crossing it would then enable sellers to target 0.107000 USDT. If the price were to return above 0.202900 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
6.3
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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 0.194800 USDT. The price has increased by +3.23% since the last closing and was traded between 0.188200 USDT and 0.196500 USDT over the period. The price is currently at +3.51% from its lowest and -0.87% from its highest.0.188200
0.196500
0.194800
Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USDT:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BASIC ATTENTION TOKEN - BAT/USDT chart shows a bearish trend. 75% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
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
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.107000 | 0.182067 | 0.194800 | 0.202900 | 0.230744 | 0.274800 |
| Change (%) | -45.07% | -6.54% | - | +4.16% | +18.45% | +41.07% |
| Change | -0.087800 | -0.012733 | - | +0.008100 | +0.035944 | +0.080000 |
| Level | Minor | Major | - | Intermediate | 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 | 0.171967 | 0.178233 | 0.183467 | 0.189733 | 0.194967 | 0.201233 | 0.206467 |
| Camarilla | 0.185538 | 0.186592 | 0.187646 | 0.188700 | 0.189754 | 0.190808 | 0.191863 |
| Woodie | 0.171450 | 0.177975 | 0.182950 | 0.189475 | 0.194450 | 0.200975 | 0.205950 |
| Fibonacci | 0.178233 | 0.182626 | 0.185340 | 0.189733 | 0.194126 | 0.196840 | 0.201233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.155033 | 0.172167 | 0.187833 | 0.204967 | 0.220633 | 0.237767 | 0.253433 |
| Camarilla | 0.194480 | 0.197487 | 0.200493 | 0.203500 | 0.206507 | 0.209513 | 0.212520 |
| Woodie | 0.154300 | 0.171800 | 0.187100 | 0.204600 | 0.219900 | 0.237400 | 0.252700 |
| Fibonacci | 0.172167 | 0.184696 | 0.192437 | 0.204967 | 0.217496 | 0.225237 | 0.237767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.080233 | 0.134767 | 0.169133 | 0.223667 | 0.258033 | 0.312567 | 0.346933 |
| Camarilla | 0.179053 | 0.187202 | 0.195351 | 0.203500 | 0.211649 | 0.219798 | 0.227948 |
| Woodie | 0.070150 | 0.129725 | 0.159050 | 0.218625 | 0.247950 | 0.307525 | 0.336850 |
| Fibonacci | 0.134767 | 0.168727 | 0.189707 | 0.223667 | 0.257627 | 0.278607 | 0.312567 |
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): | 37.42 | |
| MACD (12,26,9): | -0.0116 | |
| Directional Movement: | -19.445947 | |
| AROON (14): | -92.857140 | |
| DEMA (21): | 0.202235 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.220576 | |
| Elder Ray (13): | -0.015870 | |
| Super Trend (3,10): | 0.238067 | |
| Zig ZAG (10): | 0.194600 | |
| VORTEX (21): | 0.8672 | |
| Stochastique (14,3,5): | 8.88 | |
| TEMA (21): | 0.189770 | |
| Williams %R (14): | -85.35 | |
| Chande Momentum Oscillator (20): | -0.027400 | |
| Repulse (5,40,3): | -1.9037 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4998 | |
| Courbe Coppock: | 39.96 |
| MA7: | 0.200586 | |
| MA20: | 0.223695 | |
| MA50: | 0.231120 | |
| MA100: | 0.206259 | |
| MAexp7: | 0.199915 | |
| MAexp20: | 0.215154 | |
| MAexp50: | 0.221061 | |
| MAexp100: | 0.221983 | |
| Price / MA7: | -2.88% | |
| Price / MA20: | -12.92% | |
| Price / MA50: | -15.71% | |
| Price / MA100: | -5.56% | |
| Price / MAexp7: | -2.56% | |
| Price / MAexp20: | -9.46% | |
| Price / MAexp50: | -11.88% | |
| Price / MAexp100: | -12.25% |
This member declared not having a position on this financial instrument or a related financial instrument.
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