BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 02/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.241592 USD
My targets
0.248339 USD (+1.38%)
0.254089 USD (+3.73%)
My analysis
The bullish trend is currently very strong on BASIC ATTENTION TOKEN - BAT/USD. As long as the price remains above the support at 0.241592 USD, you could try to benefit from the boom. The first bullish objective is located at 0.248339 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.254089 USD as an objective. Crossing it would then enable buyers to target 0.267046 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, 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
8.2
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Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD price is 0.244952 USD. On the day, this instrument gained +0.00% and was traded between 0.243146 USD and 0.246113 USD over the period. The price is currently at +0.74% from its lowest and -0.47% from its highest.0.243146
0.246113
0.244952
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
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
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being 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, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.230652 | 0.234735 | 0.241592 | 0.244952 | 0.245052 | 0.248339 | 0.254089 |
| Change (%) | -5.84% | -4.17% | -1.37% | - | +0.04% | +1.38% | +3.73% |
| Change | -0.014300 | -0.010217 | -0.003360 | - | +0.000100 | +0.003387 | +0.009137 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | 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 | 0.229864 | 0.234236 | 0.239595 | 0.243967 | 0.249326 | 0.253698 | 0.259057 |
| Camarilla | 0.242278 | 0.243170 | 0.244062 | 0.244954 | 0.245846 | 0.246738 | 0.247630 |
| Woodie | 0.230358 | 0.234483 | 0.240089 | 0.244214 | 0.249820 | 0.253945 | 0.259551 |
| Fibonacci | 0.234236 | 0.237953 | 0.240250 | 0.243967 | 0.247684 | 0.249981 | 0.253698 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.196817 | 0.204074 | 0.216412 | 0.223669 | 0.236007 | 0.243264 | 0.255602 |
| Camarilla | 0.223360 | 0.225157 | 0.226953 | 0.228749 | 0.230545 | 0.232341 | 0.234138 |
| Woodie | 0.199357 | 0.205344 | 0.218952 | 0.224939 | 0.238547 | 0.244534 | 0.258142 |
| Fibonacci | 0.204074 | 0.211560 | 0.216184 | 0.223669 | 0.231155 | 0.235779 | 0.243264 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.087465 | 0.144323 | 0.181177 | 0.238035 | 0.274889 | 0.331747 | 0.368601 |
| Camarilla | 0.192260 | 0.200851 | 0.209441 | 0.218031 | 0.226621 | 0.235212 | 0.243802 |
| Woodie | 0.077463 | 0.139322 | 0.171175 | 0.233034 | 0.264887 | 0.326746 | 0.358599 |
| Fibonacci | 0.144323 | 0.180121 | 0.202237 | 0.238035 | 0.273833 | 0.295949 | 0.331747 |
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): | 56.76 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 0.244859 | |
| AROON (14): | -7.142857 | |
| DEMA (21): | 0.245175 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.241523 | |
| Elder Ray (13): | 0.000644 | |
| Super Trend (3,10): | 0.248211 | |
| Zig ZAG (10): | 0.244749 | |
| VORTEX (21): | 1.0233 | |
| Stochastique (14,3,5): | 64.59 | |
| TEMA (21): | 0.244812 | |
| Williams %R (14): | -18.60 | |
| Chande Momentum Oscillator (20): | 0.001927 | |
| Repulse (5,40,3): | 0.4195 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0367 | |
| Courbe Coppock: | 0.55 |
| MA7: | 0.237959 | |
| MA20: | 0.227276 | |
| MA50: | 0.233406 | |
| MA100: | 0.234108 | |
| MAexp7: | 0.244800 | |
| MAexp20: | 0.244196 | |
| MAexp50: | 0.242445 | |
| MAexp100: | 0.239359 | |
| Price / MA7: | +2.94% | |
| Price / MA20: | +7.78% | |
| Price / MA50: | +4.95% | |
| Price / MA100: | +4.63% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +1.03% | |
| Price / MAexp100: | +2.34% |
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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