BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 04/12/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 0.277079 USD
My targets
0.284822 USD (+1.46%)
0.298694 USD (+6.40%)
My analysis
BASIC ATTENTION TOKEN - BAT/USD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.277079 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.284822 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.298694 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.308850 USD. Beware of a possible return to under the support located at 0.277079 USD which would be the sign of a correction of the bullish excesses registered in the short term.
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
3.6
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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 rating is 0.280723 USD. The price registered a decrease of -0.06% on the session with the lowest point at 0.264974 USD and the highest point at 0.281231 USD. The deviation from the price is +5.94% for the low point and -0.18% for the high point.0.264974
0.281231
0.280723
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 this 1H chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.257416 | 0.267543 | 0.277079 | 0.280723 | 0.284822 | 0.298694 | 0.308850 |
| Change (%) | -8.30% | -4.70% | -1.30% | - | +1.46% | +6.40% | +10.02% |
| Change | -0.023307 | -0.013180 | -0.003644 | - | +0.004099 | +0.017971 | +0.028127 |
| Level | Intermediate | Minor | Intermediate | - | 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 | 0.255641 | 0.264524 | 0.271161 | 0.280044 | 0.286681 | 0.295564 | 0.302201 |
| Camarilla | 0.273530 | 0.274953 | 0.276375 | 0.277798 | 0.279221 | 0.280643 | 0.282066 |
| Woodie | 0.254518 | 0.263963 | 0.270038 | 0.279483 | 0.285558 | 0.295003 | 0.301078 |
| Fibonacci | 0.264524 | 0.270453 | 0.274115 | 0.280044 | 0.285973 | 0.289635 | 0.295564 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.185634 | 0.221546 | 0.251791 | 0.287703 | 0.317948 | 0.353860 | 0.384105 |
| Camarilla | 0.263842 | 0.269906 | 0.275971 | 0.282035 | 0.288099 | 0.294164 | 0.300228 |
| Woodie | 0.182800 | 0.220129 | 0.248957 | 0.286286 | 0.315114 | 0.352443 | 0.381271 |
| Fibonacci | 0.221546 | 0.246818 | 0.262431 | 0.287703 | 0.312975 | 0.328588 | 0.353860 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.103959 | 0.152982 | 0.210481 | 0.259504 | 0.317003 | 0.366026 | 0.423525 |
| Camarilla | 0.238687 | 0.248451 | 0.258216 | 0.267980 | 0.277745 | 0.287509 | 0.297274 |
| Woodie | 0.108197 | 0.155101 | 0.214719 | 0.261623 | 0.321241 | 0.368145 | 0.427763 |
| Fibonacci | 0.152982 | 0.193673 | 0.218813 | 0.259504 | 0.300195 | 0.325335 | 0.366026 |
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): | 59.65 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | 4.429234 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.269512 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.267519 | |
| Elder Ray (13): | 0.002182 | |
| Super Trend (3,10): | 0.279585 | |
| Zig ZAG (10): | 0.275062 | |
| VORTEX (21): | 0.9302 | |
| Stochastique (14,3,5): | 45.69 | |
| TEMA (21): | 0.268745 | |
| Williams %R (14): | -52.90 | |
| Chande Momentum Oscillator (20): | 0.001939 | |
| Repulse (5,40,3): | 0.5165 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1097 | |
| Courbe Coppock: | 0.29 |
| MA7: | 0.282573 | |
| MA20: | 0.266767 | |
| MA50: | 0.264159 | |
| MA100: | 0.258133 | |
| MAexp7: | 0.271297 | |
| MAexp20: | 0.271081 | |
| MAexp50: | 0.273904 | |
| MAexp100: | 0.276314 | |
| Price / MA7: | -0.65% | |
| Price / MA20: | +5.23% | |
| Price / MA50: | +6.27% | |
| Price / MA100: | +8.75% | |
| Price / MAexp7: | +3.47% | |
| Price / MAexp20: | +3.56% | |
| Price / MAexp50: | +2.49% | |
| Price / MAexp100: | +1.60% |
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.
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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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