BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 12/23/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 0.182423 USD
My targets
0.192847 USD (+2.51%)
0.206721 USD (+9.88%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.182423 USD remains possible. It is advisable to trade BASIC ATTENTION TOKEN - BAT/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.182423 USD. The next bullish objective for buyers is set at 0.192847 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.206721 USD. If there is any crossing, the next objective would be the resistance located at 0.215025 USD. PS: if there is a bearish break in the support located at 0.182423 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.7
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Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD rating is 0.188126 USD. The price is lower by -0.02% since the last closing and was between 0.187158 USD and 0.193726 USD. This implies that the price is at +0.52% from its lowest and at -2.89% from its highest.0.187158
0.193726
0.188126
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 9 are neutral and 3 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.175642 | 0.182423 | 0.188126 | 0.188471 | 0.192847 | 0.206721 |
| Change (%) | -6.64% | -3.03% | - | +0.18% | +2.51% | +9.88% |
| Change | -0.012484 | -0.005703 | - | +0.000345 | +0.004721 | +0.018595 |
| Level | Minor | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.172731 | 0.177629 | 0.182900 | 0.187798 | 0.193069 | 0.197967 | 0.203238 |
| Camarilla | 0.185375 | 0.186307 | 0.187239 | 0.188171 | 0.189103 | 0.190035 | 0.190968 |
| Woodie | 0.172918 | 0.177722 | 0.183087 | 0.187891 | 0.193256 | 0.198060 | 0.203425 |
| Fibonacci | 0.177629 | 0.181514 | 0.183913 | 0.187798 | 0.191683 | 0.194082 | 0.197967 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.129131 | 0.157672 | 0.174666 | 0.203207 | 0.220201 | 0.248742 | 0.265736 |
| Camarilla | 0.179137 | 0.183311 | 0.187485 | 0.191659 | 0.195833 | 0.200007 | 0.204181 |
| Woodie | 0.123357 | 0.154785 | 0.168892 | 0.200320 | 0.214427 | 0.245855 | 0.259962 |
| Fibonacci | 0.157672 | 0.175067 | 0.185813 | 0.203207 | 0.220602 | 0.231348 | 0.248742 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 52.10 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 9.981294 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.190354 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.193599 | |
| Elder Ray (13): | -0.000754 | |
| Super Trend (3,10): | 0.179101 | |
| Zig ZAG (10): | 0.189872 | |
| VORTEX (21): | 1.0461 | |
| Stochastique (14,3,5): | 30.55 | |
| TEMA (21): | 0.190435 | |
| Williams %R (14): | -52.74 | |
| Chande Momentum Oscillator (20): | 0.000610 | |
| Repulse (5,40,3): | 1.0464 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0624 | |
| Courbe Coppock: | 1.13 |
| MA7: | 0.187932 | |
| MA20: | 0.210686 | |
| MA50: | 0.231038 | |
| MA100: | 0.263729 | |
| MAexp7: | 0.190022 | |
| MAexp20: | 0.189520 | |
| MAexp50: | 0.188605 | |
| MAexp100: | 0.189356 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | -10.71% | |
| Price / MA50: | -18.57% | |
| Price / MA100: | -28.67% | |
| Price / MAexp7: | -1.00% | |
| Price / MAexp20: | -0.74% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | -0.65% |
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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