BASIC ATTENTION TOKEN - BAT/USD
BASIC ATTENTION TOKEN - BAT/USD
- USD (-)
- Real time data - Cryptocompare
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Change: -
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Type: Cryptocurrencies
Ticker: BATUSD
ISIN:

BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 09/06/2023 (GMT)

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  • 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:
15 min. 1H Weekly

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.

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:

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:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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:

Central Candlesticks

Black gravestone / inverted hammer

Type : Bearish

Timeframe : Daily


Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
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
Standard0.1627090.1639190.1661460.1673560.1695830.1707930.173020
Camarilla0.1674280.1677430.1680580.1683730.1686880.1690030.169318
Woodie0.1632180.1641730.1666550.1676100.1700920.1710470.173529
Fibonacci0.1639190.1652320.1660430.1673560.1686690.1694800.170793


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1406660.1518160.1596220.1707720.1785780.1897280.197534
Camarilla0.1622160.1639540.1656910.1674290.1691670.1709040.172642
Woodie0.1389950.1509800.1579510.1699360.1769070.1888920.195863
Fibonacci0.1518160.1590570.1635310.1707720.1780130.1824870.189728


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0656750.1078080.1435010.1856340.2213270.2634600.299153
Camarilla0.1577930.1649270.1720610.1791950.1863290.1934630.200597
Woodie0.0624560.1061980.1402820.1840240.2181080.2618500.295934
Fibonacci0.1078080.1375370.1559040.1856340.2153630.2337300.263460

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.

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