BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 11/04/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 0.206814 USD
My targets
0.213390 USD (+1.96%)
0.216509 USD (+3.45%)
My analysis
BASIC ATTENTION TOKEN - BAT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.206814 USD. The next resistance located at 0.213390 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.216509 USD. After this resistance, buyers could then target 0.225946 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
4.5
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 0.209283 USD. The price registered a decrease of -0.10% on the session and was traded between 0.207230 USD and 0.210184 USD over the period. The price is currently at +0.99% from its lowest and -0.43% from its highest.0.207230
0.210184
0.209283
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
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
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.196870 | 0.203738 | 0.206814 | 0.209283 | 0.209530 | 0.213390 | 0.216509 |
| Change (%) | -5.93% | -2.65% | -1.18% | - | +0.12% | +1.96% | +3.45% |
| Change | -0.012413 | -0.005545 | -0.002469 | - | +0.000247 | +0.004107 | +0.007226 |
| Level | Minor | Major | Minor | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.193727 | 0.197608 | 0.203550 | 0.207431 | 0.213373 | 0.217254 | 0.223196 |
| Camarilla | 0.206790 | 0.207690 | 0.208591 | 0.209491 | 0.210391 | 0.211292 | 0.212192 |
| Woodie | 0.194757 | 0.198123 | 0.204580 | 0.207946 | 0.214403 | 0.217769 | 0.224226 |
| Fibonacci | 0.197608 | 0.201361 | 0.203679 | 0.207431 | 0.211184 | 0.213502 | 0.217254 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.167257 | 0.177753 | 0.189110 | 0.199606 | 0.210963 | 0.221459 | 0.232816 |
| Camarilla | 0.194456 | 0.196460 | 0.198463 | 0.200466 | 0.202469 | 0.204472 | 0.206476 |
| Woodie | 0.167687 | 0.177968 | 0.189540 | 0.199821 | 0.211393 | 0.221674 | 0.233246 |
| Fibonacci | 0.177753 | 0.186101 | 0.191259 | 0.199606 | 0.207954 | 0.213112 | 0.221459 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.130550 | 0.148250 | 0.177990 | 0.195690 | 0.225430 | 0.243130 | 0.272870 |
| Camarilla | 0.194684 | 0.199033 | 0.203381 | 0.207730 | 0.212079 | 0.216427 | 0.220776 |
| Woodie | 0.136570 | 0.151260 | 0.184010 | 0.198700 | 0.231450 | 0.246140 | 0.278890 |
| Fibonacci | 0.148250 | 0.166372 | 0.177568 | 0.195690 | 0.213812 | 0.225008 | 0.243130 |
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): | 53.60 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | -6.000254 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.207912 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.204378 | |
| Elder Ray (13): | 0.000656 | |
| Super Trend (3,10): | 0.204377 | |
| Zig ZAG (10): | 0.208700 | |
| VORTEX (21): | 1.0955 | |
| Stochastique (14,3,5): | 87.97 | |
| TEMA (21): | 0.208533 | |
| Williams %R (14): | -35.52 | |
| Chande Momentum Oscillator (20): | 0.002388 | |
| Repulse (5,40,3): | -1.4804 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 3.68 |
| MA7: | 0.208878 | |
| MA20: | 0.196996 | |
| MA50: | 0.183060 | |
| MA100: | 0.184486 | |
| MAexp7: | 0.208353 | |
| MAexp20: | 0.207782 | |
| MAexp50: | 0.208047 | |
| MAexp100: | 0.207705 | |
| Price / MA7: | +0.19% | |
| Price / MA20: | +6.24% | |
| Price / MA50: | +14.32% | |
| Price / MA100: | +13.44% | |
| Price / MAexp7: | +0.45% | |
| Price / MAexp20: | +0.72% | |
| Price / MAexp50: | +0.59% | |
| Price / MAexp100: | +0.76% |
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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