BASIC ATTENTION TOKEN - BAT/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	BATUSD
ISIN:

BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 11/21/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 0.241810 USD

My targets

0.192340 USD (-12.25%)

0.182423 USD (-16.78%)

My analysis

All elements being clearly 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 0.241810 USD. The sellers' bearish objective is set at 0.192340 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.182423 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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 price is 0.219196 USD. The price is lower by -0.09% since the last closing and was traded between 0.211761 USD and 0.224542 USD over the period. The price is currently at +3.51% from its lowest and -2.38% from its highest.

0.211761

0.224542

0.219196

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

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 currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.182423	0.219196	0.286235	0.356969	0.403256
Change (%)	-16.78%	-	+30.58%	+62.85%	+83.97%
Change	-0.036773	-	+0.067039	+0.137773	+0.184060
Level	Intermediate	-	Minor	Major	Minor

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	0.191442	0.203907	0.211645	0.224110	0.231848	0.244313	0.252051
Camarilla	0.213827	0.215679	0.217531	0.219383	0.221235	0.223087	0.224939
Woodie	0.189079	0.202725	0.209282	0.222928	0.229485	0.243131	0.249688
Fibonacci	0.203907	0.211625	0.216393	0.224110	0.231828	0.236596	0.244313

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.181315	0.195395	0.212416	0.226496	0.243517	0.257597	0.274618
Camarilla	0.220884	0.223735	0.226586	0.229437	0.232288	0.235139	0.237990
Woodie	0.182786	0.196130	0.213887	0.227231	0.244988	0.258332	0.276089
Fibonacci	0.195395	0.207276	0.214615	0.226496	0.238377	0.245716	0.257597

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.123065	0.192340	0.241810	0.311085	0.360555	0.429830	0.479300
Camarilla	0.258626	0.269511	0.280396	0.291281	0.302166	0.313051	0.323936
Woodie	0.113164	0.187389	0.231909	0.306134	0.350654	0.424879	0.469399
Fibonacci	0.192340	0.237700	0.265724	0.311085	0.356445	0.384469	0.429830

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):	36.30
MACD (12,26,9):	-0.0198
Directional Movement:	-9.722150
AROON (14):	-50.000000
DEMA (21):	0.223936
Parabolic SAR (0,02-0,02-0,2):	0.273534
Elder Ray (13):	-0.019088
Super Trend (3,10):	0.281936
Zig ZAG (10):	0.220222
VORTEX (21):	0.8685
Stochastique (14,3,5):	10.74
TEMA (21):	0.212837
Williams %R (14):	-91.22
Chande Momentum Oscillator (20):	-0.010172
Repulse (5,40,3):	-3.8215
ROCnROLL:	2
TRIX (15,9):	-0.8298
Courbe Coppock:	51.50

MA7:	0.224400
MA20:	0.261062
MA50:	0.278249
MA100:	0.308405
MAexp7:	0.226064
MAexp20:	0.248227
MAexp50:	0.275068
MAexp100:	0.312671
Price / MA7:	-2.32%
Price / MA20:	-16.04%
Price / MA50:	-21.22%
Price / MA100:	-28.93%
Price / MAexp7:	-3.04%
Price / MAexp20:	-11.70%
Price / MAexp50:	-20.31%
Price / MAexp100:	-29.90%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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