BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 08/05/2021 (GMT)
- 236
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
22%
56%
22%
My opinion
Neutral between 0.643073 USD and 0.671553 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 0.643073 USD. The first resistance is located at 0.671553 USD. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by BASIC ATTENTION TOKEN - BAT/USD.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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 0.652118 USD. On the day, this instrument lost -2.62% with the lowest point at 0.647276 USD and the highest point at 0.672315 USD. The deviation from the price is +0.75% for the low point and -3.00% for the high point.0.647276
0.672315
0.652118
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
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. 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.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
MACD indicator is back under 0
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 presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.574817 | 0.620720 | 0.643073 | 0.652118 | 0.671553 | 0.684334 | 0.717369 |
| Change (%) | -11.85% | -4.81% | -1.39% | - | +2.98% | +4.94% | +10.01% |
| Change | -0.077301 | -0.031398 | -0.009045 | - | +0.019435 | +0.032216 | +0.065251 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.589490 | 0.609493 | 0.639562 | 0.659565 | 0.689634 | 0.709637 | 0.739706 |
| Camarilla | 0.655860 | 0.660450 | 0.665040 | 0.669630 | 0.674220 | 0.678810 | 0.683400 |
| Woodie | 0.594522 | 0.612010 | 0.644594 | 0.662082 | 0.694666 | 0.712154 | 0.744738 |
| Fibonacci | 0.609493 | 0.628621 | 0.640438 | 0.659565 | 0.678693 | 0.690510 | 0.709637 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.418145 | 0.467707 | 0.559941 | 0.609503 | 0.701737 | 0.751299 | 0.843533 |
| Camarilla | 0.613182 | 0.626180 | 0.639178 | 0.652176 | 0.665174 | 0.678172 | 0.691170 |
| Woodie | 0.439482 | 0.478375 | 0.581278 | 0.620171 | 0.723074 | 0.761967 | 0.864870 |
| Fibonacci | 0.467707 | 0.521873 | 0.555337 | 0.609503 | 0.663669 | 0.697133 | 0.751299 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.316299 | 0.386229 | 0.519203 | 0.589133 | 0.722107 | 0.792037 | 0.925011 |
| Camarilla | 0.596377 | 0.614977 | 0.633577 | 0.652176 | 0.670776 | 0.689375 | 0.707975 |
| Woodie | 0.347820 | 0.401990 | 0.550724 | 0.604894 | 0.753628 | 0.807798 | 0.956532 |
| Fibonacci | 0.386229 | 0.463739 | 0.511624 | 0.589133 | 0.666643 | 0.714528 | 0.792037 |
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): | 42.45 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -4.257493 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.660757 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.664402 | |
| Elder Ray (13): | -0.003724 | |
| Super Trend (3,10): | 0.648035 | |
| Zig ZAG (10): | 0.650112 | |
| VORTEX (21): | 0.8964 | |
| Stochastique (14,3,5): | 11.12 | |
| TEMA (21): | 0.656656 | |
| Williams %R (14): | -90.73 | |
| Chande Momentum Oscillator (20): | -0.019788 | |
| Repulse (5,40,3): | -1.4649 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0581 | |
| Courbe Coppock: | 4.42 |
| MA7: | 0.648123 | |
| MA20: | 0.573199 | |
| MA50: | 0.568542 | |
| MA100: | 0.758374 | |
| MAexp7: | 0.655460 | |
| MAexp20: | 0.659609 | |
| MAexp50: | 0.656177 | |
| MAexp100: | 0.650068 | |
| Price / MA7: | +0.62% | |
| Price / MA20: | +13.77% | |
| Price / MA50: | +14.70% | |
| Price / MA100: | -14.01% | |
| Price / MAexp7: | -0.58% | |
| Price / MAexp20: | -1.20% | |
| Price / MAexp50: | -0.68% | |
| Price / MAexp100: | +0.25% |
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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