BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 12/08/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.286423 USD
My targets
0.182423 USD (-17.41%)
My analysis
BASIC ATTENTION TOKEN - BAT/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.286423 USD. The next support located at 0.182423 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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 rating is 0.220879 USD. The price is lower by -0.15% since the last closing with the lowest point at 0.215330 USD and the highest point at 0.225327 USD. The deviation from the price is +2.58% for the low point and -1.97% for the high point.0.215330
0.225327
0.220879
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:
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 does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.182423 | 0.219214 | 0.220879 | 0.286423 | 0.358009 | 0.403033 |
| Change (%) | -17.41% | -0.75% | - | +29.67% | +62.08% | +82.47% |
| Change | -0.038456 | -0.001665 | - | +0.065544 | +0.137130 | +0.182154 |
| Level | Intermediate | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.196498 | 0.206433 | 0.213821 | 0.223756 | 0.231144 | 0.241079 | 0.248467 |
| Camarilla | 0.216444 | 0.218032 | 0.219620 | 0.221208 | 0.222796 | 0.224384 | 0.225972 |
| Woodie | 0.195224 | 0.205796 | 0.212547 | 0.223119 | 0.229870 | 0.240442 | 0.247193 |
| Fibonacci | 0.206433 | 0.213051 | 0.217139 | 0.223756 | 0.230374 | 0.234462 | 0.241079 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.391337 | -0.086514 | 0.072113 | 0.376936 | 0.535563 | 0.840386 | 0.999013 |
| Camarilla | 0.103291 | 0.145774 | 0.188257 | 0.230740 | 0.273223 | 0.315706 | 0.358189 |
| Woodie | -0.464435 | -0.123063 | -0.000985 | 0.340387 | 0.462465 | 0.803837 | 0.925915 |
| Fibonacci | -0.086514 | 0.090524 | 0.199898 | 0.376936 | 0.553974 | 0.663348 | 0.840386 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.401455 | -0.095990 | 0.070829 | 0.376294 | 0.543113 | 0.848578 | 1.015397 |
| Camarilla | 0.107770 | 0.151063 | 0.194355 | 0.237648 | 0.280941 | 0.324233 | 0.367526 |
| Woodie | -0.470778 | -0.130652 | 0.001506 | 0.341633 | 0.473790 | 0.813917 | 0.946074 |
| Fibonacci | -0.095990 | 0.084423 | 0.195882 | 0.376294 | 0.556707 | 0.668166 | 0.848578 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.21 | |
| MACD (12,26,9): | -0.0073 | |
| Directional Movement: | 48.447453 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.220931 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.596955 | |
| Elder Ray (13): | -0.008334 | |
| Super Trend (3,10): | 0.273604 | |
| Zig ZAG (10): | 0.219197 | |
| VORTEX (21): | 0.9955 | |
| Stochastique (14,3,5): | 1.76 | |
| TEMA (21): | 0.224210 | |
| Williams %R (14): | -99.20 | |
| Chande Momentum Oscillator (20): | -0.005993 | |
| Repulse (5,40,3): | -6.3894 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5490 | |
| Courbe Coppock: | 2.09 |
| MA7: | 0.229079 | |
| MA20: | 0.227675 | |
| MA50: | 0.256374 | |
| MA100: | 0.283588 | |
| MAexp7: | 0.226441 | |
| MAexp20: | 0.231997 | |
| MAexp50: | 0.252149 | |
| MAexp100: | 0.287750 | |
| Price / MA7: | -3.58% | |
| Price / MA20: | -2.98% | |
| Price / MA50: | -13.85% | |
| Price / MA100: | -22.11% | |
| Price / MAexp7: | -2.46% | |
| Price / MAexp20: | -4.79% | |
| Price / MAexp50: | -12.40% | |
| Price / MAexp100: | -23.24% |
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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