BASIC ATTENTION TOKEN - BAT/USD - Weekly - Technical analysis published on 10/01/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 0.397168 USD
My targets
0.284090 USD (-6.44%)
My analysis
In the short term, we can see an acceleration in the bearish trend on BASIC ATTENTION TOKEN - BAT/USD, which is a positive signal for sellers. As long as the price remains above 0.397168 USD, a sale could be considered. The first bearish objective is located at 0.284090 USD. The bearish momentum would be revived by a break in this support. If the price were to return above 0.397168 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.1
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This analysis was given by Nhanna0513. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD price is 0.303647 USD. Over 5 days, this instrument gained +0.82% and has been traded over the last 5 days between 0.287658 USD and 0.317207 USD. This implies that the 5 day price is +5.56% from its lowest point and -4.27% from its highest point.0.287658
0.317207
0.303647
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:
Technical
Technical analysis of this Weekly chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.284090 | 0.303647 | 0.469034 | 0.983302 | 1.542240 |
| Change (%) | -6.44% | - | +54.47% | +223.83% | +407.91% |
| Change | -0.019557 | - | +0.165387 | +0.679655 | +1.238593 |
| Level | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.270169 | 0.284997 | 0.294101 | 0.308929 | 0.318033 | 0.332861 | 0.341965 |
| Camarilla | 0.296625 | 0.298819 | 0.301012 | 0.303206 | 0.305400 | 0.307594 | 0.309787 |
| Woodie | 0.267308 | 0.283566 | 0.291240 | 0.307498 | 0.315172 | 0.331430 | 0.339104 |
| Fibonacci | 0.284997 | 0.294139 | 0.299787 | 0.308929 | 0.318071 | 0.323719 | 0.332861 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.240749 | 0.262602 | 0.284992 | 0.306845 | 0.329235 | 0.351088 | 0.373478 |
| Camarilla | 0.295215 | 0.299271 | 0.303326 | 0.307382 | 0.311438 | 0.315493 | 0.319549 |
| Woodie | 0.241018 | 0.262736 | 0.285261 | 0.306979 | 0.329504 | 0.351222 | 0.373747 |
| Fibonacci | 0.262602 | 0.279503 | 0.289944 | 0.306845 | 0.323746 | 0.334187 | 0.351088 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.190493 | 0.237474 | 0.270340 | 0.317321 | 0.350187 | 0.397168 | 0.430034 |
| Camarilla | 0.281248 | 0.288567 | 0.295887 | 0.303206 | 0.310525 | 0.317845 | 0.325164 |
| Woodie | 0.183436 | 0.233945 | 0.263283 | 0.313792 | 0.343130 | 0.393639 | 0.422977 |
| Fibonacci | 0.237474 | 0.267976 | 0.286819 | 0.317321 | 0.347823 | 0.366666 | 0.397168 |
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): | 36.03 | |
| MACD (12,26,9): | -0.0917 | |
| Directional Movement: | -8.907626 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.280213 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.457673 | |
| Elder Ray (13): | -0.058305 | |
| Super Trend (3,10): | 0.545608 | |
| Zig ZAG (10): | 0.304225 | |
| VORTEX (21): | 0.8528 | |
| Stochastique (14,3,5): | 14.10 | |
| TEMA (21): | 0.273643 | |
| Williams %R (14): | -90.02 | |
| Chande Momentum Oscillator (20): | -0.103657 | |
| Repulse (5,40,3): | -10.9394 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -2.6144 | |
| Courbe Coppock: | 24.21 |
| MA7: | 0.302249 | |
| MA20: | 0.310618 | |
| MA50: | 0.341948 | |
| MA100: | 0.375150 | |
| MAexp7: | 0.332260 | |
| MAexp20: | 0.409883 | |
| MAexp50: | 0.554415 | |
| MAexp100: | 0.581093 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | -2.24% | |
| Price / MA50: | -11.20% | |
| Price / MA100: | -19.06% | |
| Price / MAexp7: | -8.61% | |
| Price / MAexp20: | -25.92% | |
| Price / MAexp50: | -45.23% | |
| Price / MAexp100: | -47.75% |
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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