BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 09/06/2023 (GMT)
- 150
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.185634 USD
My targets
0.143501 USD (-14.63%)
0.107808 USD (-35.87%)
My analysis
The bearish basic trend is very strong on BASIC ATTENTION TOKEN - BAT/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.185634 USD. Crossing the first support at 0.143501 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.107808 USD as an objective. Crossing it would then enable sellers to target 0.065675 USD. Caution, a return to above the resistance located at 0.185634 USD would be a sign of a possible consolidation phase of 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
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 rating is 0.168097 USD. On the day, this instrument lost -0.16% and was traded between 0.167367 USD and 0.173163 USD over the period. The price is currently at +0.44% from its lowest and -2.93% from its highest.0.167367
0.173163
0.168097
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 4 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Black gravestone / inverted hammer
Type : Bearish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.166213 | 0.168097 | 0.212505 | 0.257416 | 0.294772 |
Change (%) | -1.12% | - | +26.42% | +53.14% | +75.36% |
Change | -0.001884 | - | +0.044408 | +0.089319 | +0.126675 |
Level | Major | - | Major | 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 | 0.162709 | 0.163919 | 0.166146 | 0.167356 | 0.169583 | 0.170793 | 0.173020 |
Camarilla | 0.167428 | 0.167743 | 0.168058 | 0.168373 | 0.168688 | 0.169003 | 0.169318 |
Woodie | 0.163218 | 0.164173 | 0.166655 | 0.167610 | 0.170092 | 0.171047 | 0.173529 |
Fibonacci | 0.163919 | 0.165232 | 0.166043 | 0.167356 | 0.168669 | 0.169480 | 0.170793 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.140666 | 0.151816 | 0.159622 | 0.170772 | 0.178578 | 0.189728 | 0.197534 |
Camarilla | 0.162216 | 0.163954 | 0.165691 | 0.167429 | 0.169167 | 0.170904 | 0.172642 |
Woodie | 0.138995 | 0.150980 | 0.157951 | 0.169936 | 0.176907 | 0.188892 | 0.195863 |
Fibonacci | 0.151816 | 0.159057 | 0.163531 | 0.170772 | 0.178013 | 0.182487 | 0.189728 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.065675 | 0.107808 | 0.143501 | 0.185634 | 0.221327 | 0.263460 | 0.299153 |
Camarilla | 0.157793 | 0.164927 | 0.172061 | 0.179195 | 0.186329 | 0.193463 | 0.200597 |
Woodie | 0.062456 | 0.106198 | 0.140282 | 0.184024 | 0.218108 | 0.261850 | 0.295934 |
Fibonacci | 0.107808 | 0.137537 | 0.155904 | 0.185634 | 0.215363 | 0.233730 | 0.263460 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 38.42 | |
MACD (12,26,9): | -0.0068 | |
Directional Movement: | -9.045902 | |
AROON (14): | -21.428571 | |
DEMA (21): | 0.166377 | |
Parabolic SAR (0,02-0,02-0,2): | 0.173170 | |
Elder Ray (13): | -0.001356 | |
Super Trend (3,10): | 0.190392 | |
Zig ZAG (10): | 0.167397 | |
VORTEX (21): | 0.8528 | |
Stochastique (14,3,5): | 25.42 | |
TEMA (21): | 0.164226 | |
Williams %R (14): | -73.72 | |
Chande Momentum Oscillator (20): | -0.006619 | |
Repulse (5,40,3): | -0.9516 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.5759 | |
Courbe Coppock: | 5.59 |
MA7: | 0.168927 | |
MA20: | 0.172567 | |
MA50: | 0.191536 | |
MA100: | 0.192657 | |
MAexp7: | 0.169273 | |
MAexp20: | 0.175685 | |
MAexp50: | 0.186118 | |
MAexp100: | 0.196644 | |
Price / MA7: | -0.49% | |
Price / MA20: | -2.59% | |
Price / MA50: | -12.24% | |
Price / MA100: | -12.75% | |
Price / MAexp7: | -0.69% | |
Price / MAexp20: | -4.32% | |
Price / MAexp50: | -9.68% | |
Price / MAexp100: | -14.52% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
Add a comment
Comments
0 comments on the analysis BASIC ATTENTION TOKEN - BAT/USD - Daily