BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 09/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 0.847746 USD
My targets
0.892608 USD (+3.14%)
0.976044 USD (+12.78%)
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 0.847746 USD. The buyers' bullish objective is set at 0.892608 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.976044 USD. If there is any crossing, the next objective would be the resistance located at 1.024990 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
0
10
7.5
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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
BASIC ATTENTION TOKEN - BAT/USD rating 0.865447 USD. The price registered an increase of +0.09% on the session and was traded between 0.847021 USD and 0.871388 USD over the period. The price is currently at +2.18% from its lowest and -0.68% from its highest.0.847021
0.871388
0.865447
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.793315 | 0.827087 | 0.847746 | 0.865447 | 0.867628 | 0.892608 | 1.024990 |
| Change (%) | -8.33% | -4.43% | -2.05% | - | +0.25% | +3.14% | +18.43% |
| Change | -0.072132 | -0.038360 | -0.017701 | - | +0.002181 | +0.027161 | +0.159543 |
| Level | Minor | Minor | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.754735 | 0.777053 | 0.820862 | 0.843180 | 0.886989 | 0.909307 | 0.953116 |
| Camarilla | 0.846485 | 0.852547 | 0.858608 | 0.864670 | 0.870732 | 0.876793 | 0.882855 |
| Woodie | 0.765480 | 0.782426 | 0.831607 | 0.848553 | 0.897734 | 0.914680 | 0.963861 |
| Fibonacci | 0.777053 | 0.802314 | 0.817920 | 0.843180 | 0.868441 | 0.884047 | 0.909307 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.603542 | 0.682008 | 0.750560 | 0.829026 | 0.897578 | 0.976044 | 1.044596 |
| Camarilla | 0.778683 | 0.792160 | 0.805636 | 0.819113 | 0.832590 | 0.846066 | 0.859543 |
| Woodie | 0.598586 | 0.679530 | 0.745604 | 0.826548 | 0.892622 | 0.973566 | 1.039640 |
| Fibonacci | 0.682008 | 0.738169 | 0.772865 | 0.829026 | 0.885187 | 0.919883 | 0.976044 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.368316 | 0.494694 | 0.654735 | 0.781113 | 0.941154 | 1.067532 | 1.227573 |
| Camarilla | 0.736011 | 0.762266 | 0.788521 | 0.814776 | 0.841031 | 0.867286 | 0.893541 |
| Woodie | 0.385148 | 0.503110 | 0.671567 | 0.789529 | 0.957986 | 1.075948 | 1.244405 |
| Fibonacci | 0.494694 | 0.604106 | 0.671701 | 0.781113 | 0.890525 | 0.958120 | 1.067532 |
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): | 58.67 | |
| MACD (12,26,9): | 0.0073 | |
| Directional Movement: | 9.071685 | |
| AROON (14): | 42.857146 | |
| DEMA (21): | 0.865159 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.851095 | |
| Elder Ray (13): | 0.003158 | |
| Super Trend (3,10): | 0.837139 | |
| Zig ZAG (10): | 0.864001 | |
| VORTEX (21): | 1.1267 | |
| Stochastique (14,3,5): | 61.70 | |
| TEMA (21): | 0.865276 | |
| Williams %R (14): | -29.82 | |
| Chande Momentum Oscillator (20): | -0.000925 | |
| Repulse (5,40,3): | 0.6595 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1414 | |
| Courbe Coppock: | 2.11 |
| MA7: | 0.830821 | |
| MA20: | 0.810027 | |
| MA50: | 0.690148 | |
| MA100: | 0.663567 | |
| MAexp7: | 0.861124 | |
| MAexp20: | 0.854815 | |
| MAexp50: | 0.841113 | |
| MAexp100: | 0.830836 | |
| Price / MA7: | +4.17% | |
| Price / MA20: | +6.84% | |
| Price / MA50: | +25.40% | |
| Price / MA100: | +30.42% | |
| Price / MAexp7: | +0.50% | |
| Price / MAexp20: | +1.24% | |
| Price / MAexp50: | +2.89% | |
| Price / MAexp100: | +4.17% |
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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