BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 10/29/2021 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 0.774390 USD
My targets
0.945220 USD (+15.21%)
0.983302 USD (+19.85%)
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 0.774390 USD. The buyers' bullish objective is set at 0.945220 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.983302 USD. If there is any crossing, the next objective would be the resistance located at 1.166530 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD rating is 0.820462 USD. The price has increased by +17.91% since the last closing and was between 0.691445 USD and 0.912955 USD. This implies that the price is at +18.66% from its lowest and at -10.13% from its highest.0.691445
0.912955
0.820462
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
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. This strongly bullish trend is supported by the strong bullish signals 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 adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
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 engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.730703 | 0.739982 | 0.760346 | 0.820462 | 0.983302 | 1.166530 | 1.422830 |
| Change (%) | -10.94% | -9.81% | -7.33% | - | +19.85% | +42.18% | +73.42% |
| Change | -0.089759 | -0.080480 | -0.060116 | - | +0.162840 | +0.346068 | +0.602368 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 0.553851 | 0.593353 | 0.644598 | 0.684100 | 0.735345 | 0.774847 | 0.826092 |
| Camarilla | 0.670889 | 0.679207 | 0.687526 | 0.695844 | 0.704163 | 0.712481 | 0.720799 |
| Woodie | 0.559724 | 0.596289 | 0.650471 | 0.687036 | 0.741218 | 0.777783 | 0.831965 |
| Fibonacci | 0.593353 | 0.628018 | 0.649434 | 0.684100 | 0.718765 | 0.740181 | 0.774847 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.606761 | 0.637918 | 0.674997 | 0.706154 | 0.743233 | 0.774390 | 0.811469 |
| Camarilla | 0.693311 | 0.699566 | 0.705821 | 0.712076 | 0.718331 | 0.724586 | 0.730841 |
| Woodie | 0.609722 | 0.639399 | 0.677958 | 0.707635 | 0.746194 | 0.775871 | 0.814430 |
| Fibonacci | 0.637918 | 0.663984 | 0.680088 | 0.706154 | 0.732220 | 0.748324 | 0.774390 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.264536 | 0.421390 | 0.526451 | 0.683305 | 0.788366 | 0.945220 | 1.050281 |
| Camarilla | 0.559486 | 0.583495 | 0.607504 | 0.631513 | 0.655522 | 0.679531 | 0.703540 |
| Woodie | 0.238641 | 0.408442 | 0.500556 | 0.670357 | 0.762471 | 0.932272 | 1.024386 |
| Fibonacci | 0.421390 | 0.521441 | 0.583253 | 0.683305 | 0.783356 | 0.845168 | 0.945220 |
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): | 66.03 | |
| MACD (12,26,9): | 0.0358 | |
| Directional Movement: | 25.775117 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.847874 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.897972 | |
| Elder Ray (13): | 0.007151 | |
| Super Trend (3,10): | 0.779139 | |
| Zig ZAG (10): | 0.829051 | |
| VORTEX (21): | 1.2023 | |
| Stochastique (14,3,5): | 49.68 | |
| TEMA (21): | 0.860099 | |
| Williams %R (14): | -53.34 | |
| Chande Momentum Oscillator (20): | 0.060402 | |
| Repulse (5,40,3): | -1.5284 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7742 | |
| Courbe Coppock: | 24.69 |
| MA7: | 0.710343 | |
| MA20: | 0.703085 | |
| MA50: | 0.705723 | |
| MA100: | 0.723013 | |
| MAexp7: | 0.829872 | |
| MAexp20: | 0.800123 | |
| MAexp50: | 0.749457 | |
| MAexp100: | 0.723061 | |
| Price / MA7: | +15.50% | |
| Price / MA20: | +16.69% | |
| Price / MA50: | +16.26% | |
| Price / MA100: | +13.48% | |
| Price / MAexp7: | -1.13% | |
| Price / MAexp20: | +2.54% | |
| Price / MAexp50: | +9.47% | |
| Price / MAexp100: | +13.47% |
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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