BASIC ATTENTION TOKEN - BAT/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	BATUSD
ISIN:

BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 11/10/2020 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bearish

Technical indicators

61%

39%

My opinion

Bearish under 0.223174 USD

My targets

0.158764 USD (-21.15%)

0.153460 USD (-23.79%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.223174 USD remains possible. It is advisable to trade BASIC ATTENTION TOKEN - BAT/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.223174 USD. The next bearish objective for sellers is set at 0.158764 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.153460 USD. In case of crossing, the next objective would be the support located at 0.111670 USD. PS: if there is a bullish break in the resistance located at 0.223174 USD 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

1.3

Comment on the analysis

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

The BASIC ATTENTION TOKEN - BAT/USD price is 0.201352 USD. On the day, this instrument gained +3.53% and was between 0.193055 USD and 0.205151 USD. This implies that the price is at +4.30% from its lowest and at -1.85% from its highest.

0.193055

0.205151

0.201352

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USD:

Technical

Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.111670	0.153460	0.201352	0.203000	0.223174	0.242603
Change (%)	-44.54%	-23.79%	-	+0.82%	+10.84%	+20.49%
Change	-0.089682	-0.047892	-	+0.001648	+0.021822	+0.041251
Level	Minor	Intermediate	-	Intermediate	Minor	Intermediate

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	0.175527	0.181464	0.187977	0.193914	0.200427	0.206364	0.212877
Camarilla	0.191066	0.192208	0.193349	0.194490	0.195631	0.196773	0.197914
Woodie	0.175815	0.181608	0.188265	0.194058	0.200715	0.206508	0.213165
Fibonacci	0.181464	0.186220	0.189158	0.193914	0.198670	0.201608	0.206364

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.133660	0.153139	0.173012	0.192491	0.212364	0.231843	0.251716
Camarilla	0.182063	0.185671	0.189278	0.192885	0.196492	0.200100	0.203707
Woodie	0.133857	0.153238	0.173209	0.192590	0.212561	0.231942	0.251913
Fibonacci	0.153139	0.168172	0.177459	0.192491	0.207524	0.216811	0.231843

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.088521	0.132763	0.158764	0.203006	0.229007	0.273249	0.299250
Camarilla	0.165449	0.171888	0.178327	0.184766	0.191205	0.197644	0.204083
Woodie	0.079402	0.128203	0.149645	0.198446	0.219888	0.268689	0.290131
Fibonacci	0.132763	0.159596	0.176173	0.203006	0.229839	0.246416	0.273249

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):	48.56
MACD (12,26,9):	-0.0060
Directional Movement:	-0.828689
AROON (14):	-42.857143
DEMA (21):	0.190047
Parabolic SAR (0,02-0,02-0,2):	0.177733
Elder Ray (13):	0.002814
Super Trend (3,10):	0.214959
Zig ZAG (10):	0.200051
VORTEX (21):	0.9666
Stochastique (14,3,5):	57.23
TEMA (21):	0.192827
Williams %R (14):	-29.94
Chande Momentum Oscillator (20):	0.011846
Repulse (5,40,3):	4.5985
ROCnROLL:	-1
TRIX (15,9):	-0.5326
Courbe Coppock:	13.35

MA7:	0.195143
MA20:	0.199268
MA50:	0.212430
MA100:	0.251683
MAexp7:	0.195568
MAexp20:	0.199052
MAexp50:	0.214869
MAexp100:	0.230171
Price / MA7:	+3.18%
Price / MA20:	+1.05%
Price / MA50:	-5.21%
Price / MA100:	-20.00%
Price / MAexp7:	+2.96%
Price / MAexp20:	+1.16%
Price / MAexp50:	-6.29%
Price / MAexp100:	-12.52%

Quotes : 2020-11-10 12:19:07 - Real time data - Cryptocompare

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

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