BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 04/20/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.167343 USD
My targets
0.163355 USD (-1.50%)
0.160767 USD (-3.06%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well below 0.167343 USD. The sellers” bearish objective is set at 0.163355 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.160767 USD. In case of crossing, the next objective would be the support located at 0.152676 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.2
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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/USD rating 0.165845 USD. On the day, this instrument gained +0.64% with the lowest point at 0.159950 USD and the highest point at 0.169873 USD. The deviation from the price is +3.69% for the low point and -2.37% for the high point.0.159950
0.169873
0.165845
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.152676 | 0.160767 | 0.163355 | 0.165845 | 0.167343 | 0.169578 | 0.172399 |
| Change (%) | -7.94% | -3.06% | -1.50% | - | +0.90% | +2.25% | +3.95% |
| Change | -0.013169 | -0.005078 | -0.002490 | - | +0.001498 | +0.003733 | +0.006554 |
| Level | Major | Minor | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.153414 | 0.159032 | 0.161914 | 0.167532 | 0.170414 | 0.176032 | 0.178914 |
| Camarilla | 0.162459 | 0.163238 | 0.164017 | 0.164796 | 0.165575 | 0.166354 | 0.167134 |
| Woodie | 0.152046 | 0.158348 | 0.160546 | 0.166848 | 0.169046 | 0.175348 | 0.177546 |
| Fibonacci | 0.159032 | 0.162279 | 0.164285 | 0.167532 | 0.170779 | 0.172785 | 0.176032 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.133518 | 0.142325 | 0.156857 | 0.165664 | 0.180196 | 0.189003 | 0.203535 |
| Camarilla | 0.164972 | 0.167111 | 0.169251 | 0.171390 | 0.173529 | 0.175669 | 0.177808 |
| Woodie | 0.136382 | 0.143756 | 0.159721 | 0.167095 | 0.183060 | 0.190434 | 0.206399 |
| Fibonacci | 0.142325 | 0.151240 | 0.156748 | 0.165664 | 0.174579 | 0.180087 | 0.189003 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.093232 | -0.003716 | 0.069211 | 0.158727 | 0.231654 | 0.321170 | 0.394097 |
| Camarilla | 0.097467 | 0.112358 | 0.127248 | 0.142139 | 0.157030 | 0.171920 | 0.186811 |
| Woodie | -0.101526 | -0.007863 | 0.060918 | 0.154580 | 0.223361 | 0.317023 | 0.385804 |
| Fibonacci | -0.003716 | 0.058337 | 0.096673 | 0.158727 | 0.220780 | 0.259116 | 0.321170 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.34 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -9.159780 | |
| AROON (14): | -57.142859 | |
| DEMA (21): | 0.164865 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.168336 | |
| Elder Ray (13): | -0.000936 | |
| Super Trend (3,10): | 0.170318 | |
| Zig ZAG (10): | 0.165422 | |
| VORTEX (21): | 0.9311 | |
| Stochastique (14,3,5): | 40.65 | |
| TEMA (21): | 0.164253 | |
| Williams %R (14): | -45.89 | |
| Chande Momentum Oscillator (20): | -0.002362 | |
| Repulse (5,40,3): | 0.8643 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0569 | |
| Courbe Coppock: | 1.88 |
| MA7: | 0.164942 | |
| MA20: | 0.159186 | |
| MA50: | 0.160349 | |
| MA100: | 0.199983 | |
| MAexp7: | 0.165199 | |
| MAexp20: | 0.166250 | |
| MAexp50: | 0.167092 | |
| MAexp100: | 0.166665 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | +4.18% | |
| Price / MA50: | +3.43% | |
| Price / MA100: | -17.07% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.75% | |
| Price / MAexp100: | -0.49% |
This member declared not having a position on this financial instrument or a related financial instrument.
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