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 01/05/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

50%

17%

33%

My opinion

Bearish under 0.191660 USD

My targets

0.165340 USD (-7.62%)

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 0.191660 USD. The next support located at 0.165340 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.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

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 0.178977 USD. The price registered a decrease of -0.07% on the session and was between 0.178505 USD and 0.183189 USD. This implies that the price is at +0.26% from its lowest and at -2.30% from its highest.

0.178505

0.183189

0.178977

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

Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USD:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this BASIC ATTENTION TOKEN - BAT/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being 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 increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.165340	0.178977	0.237648	0.311321	0.358044
Change (%)	-7.62%	-	+32.78%	+73.94%	+100.05%
Change	-0.013637	-	+0.058671	+0.132344	+0.179067
Level	Major	-	Minor	Minor	Intermediate

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	0.162083	0.167095	0.173102	0.178114	0.184121	0.189133	0.195140
Camarilla	0.176079	0.177089	0.178099	0.179109	0.180119	0.181129	0.182139
Woodie	0.162581	0.167344	0.173600	0.178363	0.184619	0.189382	0.195638
Fibonacci	0.167095	0.171304	0.173905	0.178114	0.182323	0.184924	0.189133

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.125086	0.142735	0.154601	0.172250	0.184116	0.201765	0.213631
Camarilla	0.158349	0.161055	0.163761	0.166466	0.169172	0.171877	0.174583
Woodie	0.122194	0.141289	0.151709	0.170804	0.181224	0.200319	0.210739
Fibonacci	0.142735	0.154010	0.160976	0.172250	0.183525	0.190491	0.201765

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.047446	0.103915	0.135191	0.191660	0.222936	0.279405	0.310681
Camarilla	0.142336	0.150379	0.158423	0.166466	0.174509	0.182553	0.190596
Woodie	0.034849	0.097617	0.122594	0.185362	0.210339	0.273107	0.298084
Fibonacci	0.103915	0.137434	0.158142	0.191660	0.225179	0.245887	0.279405

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	40.72
MACD (12,26,9):	-0.0110
Directional Movement:	12.284522
AROON (14):	-50.000000
DEMA (21):	0.167496
Parabolic SAR (0,02-0,02-0,2):	0.160840
Elder Ray (13):	0.003273
Super Trend (3,10):	0.201470
Zig ZAG (10):	0.179081
VORTEX (21):	0.8353
Stochastique (14,3,5):	47.44
TEMA (21):	0.168548
Williams %R (14):	-42.95
Chande Momentum Oscillator (20):	-0.009002
Repulse (5,40,3):	2.6434
ROCnROLL:	-1
TRIX (15,9):	-0.9254
Courbe Coppock:	16.72

MA7:	0.172179
MA20:	0.179778
MA50:	0.207107
MA100:	0.246587
MAexp7:	0.175347
MAexp20:	0.183121
MAexp50:	0.207449
MAexp100:	0.242748
Price / MA7:	+3.95%
Price / MA20:	-0.45%
Price / MA50:	-13.58%
Price / MA100:	-27.42%
Price / MAexp7:	+2.07%
Price / MAexp20:	-2.26%
Price / MAexp50:	-13.72%
Price / MAexp100:	-26.27%

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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