BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 05/05/2021 (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
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.23 USD
My targets
1.30 USD (+2.36%)
1.32 USD (+3.94%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade BASIC ATTENTION TOKEN - BAT/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.23 USD. The buyers” bullish objective is set at 1.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.32 USD. If there is any crossing, the next objective would be the resistance located at 1.42 USD. If there is a bearish break in the support located at 1.23 USD some indecision would arise.
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
0
10
5.9
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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
The BASIC ATTENTION TOKEN - BAT/USD rating is 1.27 USD. On the day, this instrument gained +8.55% with the lowest point at 1.16 USD and the highest point at 1.27 USD. The deviation from the price is +9.48% for the low point and 0% for the high point.1.16
1.27
1.27
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USD chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.18 | 1.23 | 1.27 | 1.27 | 1.30 | 1.32 | 1.42 |
| Change (%) | -7.09% | -3.15% | 0% | - | +2.36% | +3.94% | +11.81% |
| Change | -0.09 | -0.04 | 0 | - | +0.03 | +0.05 | +0.15 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Minor | Minor |
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 | 0.96 | 1.05 | 1.11 | 1.20 | 1.26 | 1.35 | 1.41 |
| Camarilla | 1.13 | 1.14 | 1.16 | 1.17 | 1.18 | 1.20 | 1.21 |
| Woodie | 0.95 | 1.04 | 1.10 | 1.19 | 1.25 | 1.34 | 1.40 |
| Fibonacci | 1.05 | 1.11 | 1.14 | 1.20 | 1.26 | 1.29 | 1.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.73 | 0.85 | 1.06 | 1.18 | 1.39 | 1.51 | 1.72 |
| Camarilla | 1.18 | 1.21 | 1.24 | 1.27 | 1.30 | 1.33 | 1.36 |
| Woodie | 0.78 | 0.87 | 1.11 | 1.20 | 1.44 | 1.53 | 1.77 |
| Fibonacci | 0.85 | 0.98 | 1.05 | 1.18 | 1.31 | 1.38 | 1.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.07 | 0.47 | 0.86 | 1.26 | 1.65 | 2.05 | 2.44 |
| Camarilla | 1.04 | 1.12 | 1.19 | 1.26 | 1.33 | 1.41 | 1.48 |
| Woodie | 0.08 | 0.47 | 0.87 | 1.26 | 1.66 | 2.05 | 2.45 |
| Fibonacci | 0.47 | 0.77 | 0.96 | 1.26 | 1.56 | 1.75 | 2.05 |
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): | 62.76 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 13.06 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 1.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.23 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 1.19 | |
| Zig ZAG (10): | 1.26 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 85.04 | |
| TEMA (21): | 1.25 | |
| Williams %R (14): | -10.04 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 1.6700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 9.72 |
| MA7: | 1.24 | |
| MA20: | 1.24 | |
| MA50: | 1.23 | |
| MA100: | 0.89 | |
| MAexp7: | 1.25 | |
| MAexp20: | 1.23 | |
| MAexp50: | 1.23 | |
| MAexp100: | 1.24 | |
| Price / MA7: | +2.42% | |
| Price / MA20: | +2.42% | |
| Price / MA50: | +3.25% | |
| Price / MA100: | +42.70% | |
| Price / MAexp7: | +1.60% | |
| Price / MAexp20: | +3.25% | |
| Price / MAexp50: | +3.25% | |
| Price / MAexp100: | +2.42% |
Quotes :
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Real time data
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