BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 08/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 0.454125 USD
My targets
0.468032 USD (+2.02%)
0.479261 USD (+4.47%)
My analysis
The basic trend is bullish on BASIC ATTENTION TOKEN - BAT/USD and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 0.454125 USD. Sellers would then use the next support located at 0.443041 USD as an objective. Crossing it would then enable sellers to target 0.429457 USD. If there is a return to above the resistance located at 0.468032 USD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 0.479261 USD and 0.569125 USD by extension.
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
2.7
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Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD rating is 0.458760 USD. The price is lower by -0.03% since the last closing with the lowest point at 0.451458 USD and the highest point at 0.470828 USD. The deviation from the price is +1.62% for the low point and -2.56% for the high point.0.451458
0.470828
0.458760
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USD:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.429457 | 0.443041 | 0.454125 | 0.458760 | 0.459386 | 0.468032 | 0.479261 |
| Change (%) | -6.39% | -3.43% | -1.01% | - | +0.14% | +2.02% | +4.47% |
| Change | -0.029303 | -0.015719 | -0.004635 | - | +0.000626 | +0.009272 | +0.020501 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.417618 | 0.432906 | 0.445899 | 0.461187 | 0.474180 | 0.489468 | 0.502461 |
| Camarilla | 0.451116 | 0.453708 | 0.456301 | 0.458893 | 0.461485 | 0.464078 | 0.466670 |
| Woodie | 0.416472 | 0.432332 | 0.444753 | 0.460613 | 0.473034 | 0.488894 | 0.501315 |
| Fibonacci | 0.432906 | 0.443709 | 0.450383 | 0.461187 | 0.471990 | 0.478664 | 0.489468 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.357437 | 0.385876 | 0.422384 | 0.450823 | 0.487331 | 0.515770 | 0.552278 |
| Camarilla | 0.441033 | 0.446986 | 0.452940 | 0.458893 | 0.464847 | 0.470800 | 0.476753 |
| Woodie | 0.361473 | 0.387893 | 0.426420 | 0.452840 | 0.491367 | 0.517787 | 0.556314 |
| Fibonacci | 0.385876 | 0.410685 | 0.426013 | 0.450823 | 0.475632 | 0.490960 | 0.515770 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.226605 | 0.285027 | 0.342566 | 0.400988 | 0.458527 | 0.516949 | 0.574488 |
| Camarilla | 0.368216 | 0.378846 | 0.389475 | 0.400105 | 0.410735 | 0.421365 | 0.431994 |
| Woodie | 0.226164 | 0.284806 | 0.342125 | 0.400767 | 0.458086 | 0.516728 | 0.574047 |
| Fibonacci | 0.285027 | 0.329324 | 0.356691 | 0.400988 | 0.445285 | 0.472652 | 0.516949 |
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): | 61.95 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | 2.634219 | |
| AROON (14): | 42.857142 | |
| DEMA (21): | 0.464741 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.456104 | |
| Elder Ray (13): | 0.001310 | |
| Super Trend (3,10): | 0.438746 | |
| Zig ZAG (10): | 0.467367 | |
| VORTEX (21): | 1.0453 | |
| Stochastique (14,3,5): | 73.66 | |
| TEMA (21): | 0.465300 | |
| Williams %R (14): | -27.66 | |
| Chande Momentum Oscillator (20): | 0.007494 | |
| Repulse (5,40,3): | 3.8633 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0144 | |
| Courbe Coppock: | 3.05 |
| MA7: | 0.455826 | |
| MA20: | 0.423767 | |
| MA50: | 0.409505 | |
| MA100: | 0.397516 | |
| MAexp7: | 0.465384 | |
| MAexp20: | 0.463037 | |
| MAexp50: | 0.461377 | |
| MAexp100: | 0.457160 | |
| Price / MA7: | +0.64% | |
| Price / MA20: | +8.26% | |
| Price / MA50: | +12.03% | |
| Price / MA100: | +15.41% | |
| Price / MAexp7: | -1.42% | |
| Price / MAexp20: | -0.92% | |
| Price / MAexp50: | -0.57% | |
| Price / MAexp100: | +0.35% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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