BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 06/03/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 0.778137 USD
My targets
0.845232 USD (+3.48%)
0.887574 USD (+8.67%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.778137 USD remains possible. 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 0.778137 USD. The next bullish objective for buyers is set at 0.845232 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.887574 USD. If there is any crossing, the next objective would be the resistance located at 0.931000 USD. PS: if there is a bearish break in the support located at 0.778137 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.7
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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 0.816780 USD. On the day, this instrument gained +2.56% with the lowest point at 0.787710 USD and the highest point at 0.850257 USD. The deviation from the price is +3.69% for the low point and -3.94% for the high point.0.787710
0.850257
0.816780
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 BASIC ATTENTION TOKEN - BAT/USD in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.668307 | 0.721506 | 0.778137 | 0.816780 | 0.845232 | 0.887574 | 0.931000 |
| Change (%) | -18.18% | -11.66% | -4.73% | - | +3.48% | +8.67% | +13.98% |
| Change | -0.148473 | -0.095274 | -0.038643 | - | +0.028452 | +0.070794 | +0.114220 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | 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 | 0.626229 | 0.679799 | 0.738091 | 0.791661 | 0.849953 | 0.903523 | 0.961815 |
| Camarilla | 0.765620 | 0.775874 | 0.786128 | 0.796382 | 0.806636 | 0.816890 | 0.827144 |
| Woodie | 0.628589 | 0.680980 | 0.740451 | 0.792842 | 0.852313 | 0.904704 | 0.964175 |
| Fibonacci | 0.679799 | 0.722531 | 0.748930 | 0.791661 | 0.834393 | 0.860792 | 0.903523 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.029613 | 0.212379 | 0.447017 | 0.689009 | 0.923647 | 1.165639 | 1.400277 |
| Camarilla | 0.550583 | 0.594274 | 0.637965 | 0.681656 | 0.725347 | 0.769038 | 0.812729 |
| Woodie | -0.033289 | 0.210541 | 0.443341 | 0.687171 | 0.919971 | 1.163801 | 1.396601 |
| Fibonacci | 0.212379 | 0.394451 | 0.506936 | 0.689009 | 0.871081 | 0.983566 | 1.165639 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.856293 | -0.200962 | 0.282817 | 0.938148 | 1.421927 | 2.077258 | 2.561037 |
| Camarilla | 0.453340 | 0.557758 | 0.662177 | 0.766595 | 0.871013 | 0.975432 | 1.079850 |
| Woodie | -0.942070 | -0.243850 | 0.197040 | 0.895260 | 1.336150 | 2.034370 | 2.475260 |
| Fibonacci | -0.200962 | 0.234178 | 0.503008 | 0.938148 | 1.373288 | 1.642118 | 2.077258 |
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): | 51.22 | |
| MACD (12,26,9): | 0.0103 | |
| Directional Movement: | 1.900092 | |
| AROON (14): | 57.142856 | |
| DEMA (21): | 0.831508 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.848690 | |
| Elder Ray (13): | -0.005833 | |
| Super Trend (3,10): | 0.808660 | |
| Zig ZAG (10): | 0.817016 | |
| VORTEX (21): | 1.0109 | |
| Stochastique (14,3,5): | 44.59 | |
| TEMA (21): | 0.828717 | |
| Williams %R (14): | -52.45 | |
| Chande Momentum Oscillator (20): | 0.001363 | |
| Repulse (5,40,3): | -0.7721 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2253 | |
| Courbe Coppock: | 5.63 |
| MA7: | 0.751143 | |
| MA20: | 0.825864 | |
| MA50: | 1.096688 | |
| MA100: | 1.045323 | |
| MAexp7: | 0.821278 | |
| MAexp20: | 0.817727 | |
| MAexp50: | 0.795203 | |
| MAexp100: | 0.774045 | |
| Price / MA7: | +8.74% | |
| Price / MA20: | -1.10% | |
| Price / MA50: | -25.52% | |
| Price / MA100: | -21.86% | |
| Price / MAexp7: | -0.55% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | +2.71% | |
| Price / MAexp100: | +5.52% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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