BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 01/08/2023 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.178500 USD
My targets
0.183098 USD (+1.13%)
0.206735 USD (+14.19%)
My analysis
The basic bullish trend is very strong on BASIC ATTENTION TOKEN - BAT/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.178500 USD. Crossing the first resistance at 0.183098 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.206735 USD as an objective. Crossing it would then enable buyers to target 0.237648 USD. Caution, a return to below 0.178500 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8
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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 price is 0.181044 USD. On the day, this instrument lost -0.05% with the lowest point at 0.178111 USD and the highest point at 0.182093 USD. The deviation from the price is +1.65% for the low point and -0.58% for the high point.0.178111
0.182093
0.181044
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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 a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.174742 | 0.178500 | 0.180584 | 0.181044 | 0.183098 | 0.237648 | 0.311321 |
| Change (%) | -3.48% | -1.41% | -0.25% | - | +1.13% | +31.27% | +71.96% |
| Change | -0.006302 | -0.002544 | -0.000460 | - | +0.002054 | +0.056604 | +0.130277 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | 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 | 0.168225 | 0.171630 | 0.176380 | 0.179785 | 0.184535 | 0.187940 | 0.192690 |
| Camarilla | 0.178887 | 0.179635 | 0.180383 | 0.181130 | 0.181878 | 0.182625 | 0.183373 |
| Woodie | 0.168898 | 0.171966 | 0.177053 | 0.180121 | 0.185208 | 0.188276 | 0.193363 |
| Fibonacci | 0.171630 | 0.174745 | 0.176670 | 0.179785 | 0.182900 | 0.184825 | 0.187940 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.150668 | 0.157585 | 0.169357 | 0.176274 | 0.188046 | 0.194963 | 0.206735 |
| Camarilla | 0.175991 | 0.177704 | 0.179417 | 0.181130 | 0.182843 | 0.184556 | 0.186270 |
| Woodie | 0.153097 | 0.158799 | 0.171786 | 0.177488 | 0.190475 | 0.196177 | 0.209164 |
| Fibonacci | 0.157585 | 0.164724 | 0.169135 | 0.176274 | 0.183413 | 0.187824 | 0.194963 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.88 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 9.819026 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.181032 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.182013 | |
| Elder Ray (13): | 0.000527 | |
| Super Trend (3,10): | 0.177510 | |
| Zig ZAG (10): | 0.181344 | |
| VORTEX (21): | 1.0225 | |
| Stochastique (14,3,5): | 60.77 | |
| TEMA (21): | 0.180654 | |
| Williams %R (14): | -27.05 | |
| Chande Momentum Oscillator (20): | 0.000209 | |
| Repulse (5,40,3): | 0.6178 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0376 | |
| Courbe Coppock: | 0.87 |
| MA7: | 0.177161 | |
| MA20: | 0.178539 | |
| MA50: | 0.204310 | |
| MA100: | 0.242819 | |
| MAexp7: | 0.180516 | |
| MAexp20: | 0.180414 | |
| MAexp50: | 0.179350 | |
| MAexp100: | 0.177743 | |
| Price / MA7: | +2.19% | |
| Price / MA20: | +1.40% | |
| Price / MA50: | -11.39% | |
| Price / MA100: | -25.44% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +0.94% | |
| Price / MAexp100: | +1.86% |
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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