BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 10/10/2022 (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:
Bearish
Underlying:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.312866 USD
My targets
0.298409 USD (-0.92%)
0.284090 USD (-5.68%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well below 0.312866 USD. The next bearish objective for sellers is set at 0.298409 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 0.284090 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD rating is 0.301188 USD. The price is lower by -0.01% since the last closing and was traded between 0.293525 USD and 0.307594 USD over the period. The price is currently at +2.61% from its lowest and -2.08% from its highest.0.293525
0.307594
0.301188
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USD chart shows a bearish trend. The signals given by moving averages are at 78.57% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.284090 | 0.298409 | 0.301188 | 0.312866 | 0.356681 | 0.380359 |
| Change (%) | -5.68% | -0.92% | - | +3.88% | +18.42% | +26.29% |
| Change | -0.017098 | -0.002779 | - | +0.011678 | +0.055493 | +0.079171 |
| Level | Major | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.284783 | 0.290789 | 0.295999 | 0.302005 | 0.307215 | 0.313221 | 0.318431 |
| Camarilla | 0.298125 | 0.299153 | 0.300181 | 0.301209 | 0.302237 | 0.303265 | 0.304293 |
| Woodie | 0.284385 | 0.290590 | 0.295601 | 0.301806 | 0.306817 | 0.313022 | 0.318033 |
| Fibonacci | 0.290789 | 0.295074 | 0.297721 | 0.302005 | 0.306290 | 0.308937 | 0.313221 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.170803 | 0.229051 | 0.263862 | 0.322110 | 0.356921 | 0.415169 | 0.449980 |
| Camarilla | 0.273081 | 0.281611 | 0.290142 | 0.298672 | 0.307202 | 0.315733 | 0.324263 |
| Woodie | 0.159084 | 0.223192 | 0.252143 | 0.316251 | 0.345202 | 0.409310 | 0.438261 |
| Fibonacci | 0.229051 | 0.264600 | 0.286562 | 0.322110 | 0.357659 | 0.379621 | 0.415169 |
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): | 38.96 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -9.088453 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.300383 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.307313 | |
| Elder Ray (13): | -0.002820 | |
| Super Trend (3,10): | 0.289059 | |
| Zig ZAG (10): | 0.298069 | |
| VORTEX (21): | 0.9138 | |
| Stochastique (14,3,5): | 27.51 | |
| TEMA (21): | 0.300618 | |
| Williams %R (14): | -60.34 | |
| Chande Momentum Oscillator (20): | -0.001421 | |
| Repulse (5,40,3): | -1.1843 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0086 | |
| Courbe Coppock: | 1.87 |
| MA7: | 0.301909 | |
| MA20: | 0.301950 | |
| MA50: | 0.322765 | |
| MA100: | 0.366115 | |
| MAexp7: | 0.300016 | |
| MAexp20: | 0.301195 | |
| MAexp50: | 0.301467 | |
| MAexp100: | 0.301872 | |
| Price / MA7: | -0.24% | |
| Price / MA20: | -0.25% | |
| Price / MA50: | -6.69% | |
| Price / MA100: | -17.73% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.23% |
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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