BASIC ATTENTION TOKEN - BAT/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	BATUSD
ISIN:

BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 03/06/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 0.635772 USD

My targets

0.725513 USD (+10.83%)

0.764181 USD (+16.74%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well above 0.635772 USD. The buyers” bullish objective is set at 0.725513 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.764181 USD. If there is any crossing, the next objective would be the resistance located at 0.923067 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

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 rating is 0.654592 USD. The price registered a decrease of -3.88% on the session and was between 0.633770 USD and 0.696650 USD. This implies that the price is at +3.29% from its lowest and at -6.04% from its highest.

0.633770

0.696650

0.654592

The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

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:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	0.440467	0.478243	0.635772	0.654592
Change (%)	-32.71%	-26.94%	-2.88%	-
Change	-0.214125	-0.176349	-0.018820	-
Level	Major	Minor	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	0.542018	0.587360	0.634203	0.679545	0.726388	0.771730	0.818573
Camarilla	0.655694	0.664144	0.672595	0.681045	0.689495	0.697946	0.706396
Woodie	0.542768	0.587735	0.634953	0.679920	0.727138	0.772105	0.819323
Fibonacci	0.587360	0.622575	0.644331	0.679545	0.714760	0.736516	0.771730

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.145856	0.270651	0.392621	0.517416	0.639386	0.764181	0.886151
Camarilla	0.446730	0.469350	0.491970	0.514590	0.537210	0.559830	0.582450
Woodie	0.144443	0.269945	0.391208	0.516710	0.637973	0.763475	0.884738
Fibonacci	0.270651	0.364916	0.423152	0.517416	0.611681	0.669917	0.764181

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.103627	0.093927	0.310943	0.508497	0.725513	0.923067	1.140083
Camarilla	0.413953	0.451956	0.489958	0.527960	0.565962	0.603965	0.641967
Woodie	-0.093895	0.098793	0.320675	0.513363	0.735245	0.927933	1.149815
Fibonacci	0.093927	0.252292	0.350131	0.508497	0.666862	0.764701	0.923067

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):	58.83
MACD (12,26,9):	0.0586
Directional Movement:	10.476385
AROON (14):	57.142854
DEMA (21):	0.659120
Parabolic SAR (0,02-0,02-0,2):	0.481886
Elder Ray (13):	0.053319
Super Trend (3,10):	0.411662
Zig ZAG (10):	0.649929
VORTEX (21):	1.0284
Stochastique (14,3,5):	62.87
TEMA (21):	0.668095
Williams %R (14):	-41.92
Chande Momentum Oscillator (20):	0.113267
Repulse (5,40,3):	-1.7003
ROCnROLL:	1
TRIX (15,9):	1.5847
Courbe Coppock:	24.01

MA7:	0.644221
MA20:	0.583247
MA50:	0.449589
MA100:	0.338520
MAexp7:	0.645352
MAexp20:	0.581349
MAexp50:	0.479643
MAexp100:	0.391478
Price / MA7:	+1.61%
Price / MA20:	+12.23%
Price / MA50:	+45.60%
Price / MA100:	+93.37%
Price / MAexp7:	+1.43%
Price / MAexp20:	+12.60%
Price / MAexp50:	+36.47%
Price / MAexp100:	+67.21%

Quotes : 2021-03-06 16:32:18 - Real time data - Cryptocompare

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

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