BASIC ATTENTION TOKEN - BAT/USD
BASIC ATTENTION TOKEN - BAT/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: BATUSD
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BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 04/01/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.257416 USD
My targets
0.289362 USD (+2.63%)
0.308850 USD (+9.54%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well above 0.257416 USD. The buyers' bullish objective is set at 0.289362 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.308850 USD. If there is any crossing, the next objective would be the resistance located at 0.338156 USD.

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
7.1

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:
15 min. 1H Weekly

Additional analysis

Quotes

The BASIC ATTENTION TOKEN - BAT/USD rating is 0.281951 USD. On the day, this instrument gained +5.21% and was traded between 0.265913 USD and 0.291820 USD over the period. The price is currently at +6.03% from its lowest and -3.38% from its highest.

0.265913
0.291820
0.281951

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this Daily chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



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

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


MACD indicator is back over 0

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.209207 0.237648 0.257416 0.281951 0.289362 0.308850 0.338156
Change (%) -25.80% -15.71% -8.70% - +2.63% +9.54% +19.93%
Change -0.072744 -0.044303 -0.024535 - +0.007411 +0.026899 +0.056205
Level Major Minor Intermediate - 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
Standard0.1937630.2099190.2389490.2551050.2841350.3002910.329321
Camarilla0.2555540.2596960.2638380.2679800.2721220.2762640.280406
Woodie0.2002010.2131380.2453870.2583240.2905730.3035100.335759
Fibonacci0.2099190.2271800.2378440.2551050.2723660.2830300.300291


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1795010.2056990.2208070.2470050.2621130.2883110.303419
Camarilla0.2245550.2283410.2321280.2359140.2397000.2434870.247273
Woodie0.1739550.2029270.2152610.2442330.2565670.2855390.297873
Fibonacci0.2056990.2214780.2312260.2470050.2627840.2725320.288311


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1039590.1529820.2104810.2595040.3170030.3660260.423525
Camarilla0.2386870.2484510.2582160.2679800.2777450.2875090.297274
Woodie0.1081970.1551010.2147190.2616230.3212410.3681450.427763
Fibonacci0.1529820.1936730.2188130.2595040.3001950.3253350.366026

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): 58.57
MACD (12,26,9): 0.0005
Directional Movement: 12.130366
AROON (14): 7.142857
DEMA (21): 0.250716
Parabolic SAR (0,02-0,02-0,2): 0.226074
Elder Ray (13): 0.025208
Super Trend (3,10): 0.290229
Zig ZAG (10): 0.280995
VORTEX (21): 1.1195
Stochastique (14,3,5): 67.62
TEMA (21): 0.256588
Williams %R (14): -16.10
Chande Momentum Oscillator (20): 0.034729
Repulse (5,40,3): 13.4866
ROCnROLL: 1
TRIX (15,9): -0.3076
Courbe Coppock: 10.25
MA7: 0.253941
MA20: 0.248169
MA50: 0.268372
MA100: 0.246700
MAexp7: 0.258007
MAexp20: 0.252607
MAexp50: 0.256111
MAexp100: 0.257145
Price / MA7: +11.03%
Price / MA20: +13.61%
Price / MA50: +5.06%
Price / MA100: +14.29%
Price / MAexp7: +9.28%
Price / MAexp20: +11.62%
Price / MAexp50: +10.09%
Price / MAexp100: +9.65%

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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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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