BASIC ATTENTION TOKEN - BAT/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	BATUSD
ISIN:

BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 05/04/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 0.243965 USD

My targets

0.253185 USD (+1.21%)

0.261970 USD (+4.73%)

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 0.243965 USD. The next resistance located at 0.253185 USD is the next bullish objective 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 0.261970 USD. After this resistance, buyers could then target 0.267655 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

Comment on the analysis

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 0.250146 USD. On the day, this instrument lost -0.05% and was traded between 0.247319 USD and 0.252274 USD over the period. The price is currently at +1.14% from its lowest and -0.84% from its highest.

0.247319

0.252274

0.250146

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

Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USD:

Technical

Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.

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

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.229686	0.237051	0.249191	0.250146	0.253185	0.261970	0.267655
Change (%)	-8.18%	-5.23%	-0.38%	-	+1.21%	+4.73%	+7.00%
Change	-0.020460	-0.013095	-0.000955	-	+0.003039	+0.011824	+0.017509
Level	Minor	Major	Intermediate	-	Intermediate	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.226859	0.232740	0.241499	0.247380	0.256139	0.262020	0.270779
Camarilla	0.246232	0.247574	0.248916	0.250258	0.251600	0.252942	0.254284
Woodie	0.228298	0.233460	0.242938	0.248100	0.257578	0.262740	0.272218
Fibonacci	0.232740	0.238333	0.241788	0.247380	0.252973	0.256428	0.262020

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.209673	0.229432	0.243965	0.263724	0.278257	0.298016	0.312549
Camarilla	0.249068	0.252211	0.255355	0.258498	0.261641	0.264785	0.267928
Woodie	0.207060	0.228126	0.241352	0.262418	0.275644	0.296710	0.309936
Fibonacci	0.229432	0.242532	0.250625	0.263724	0.276824	0.284917	0.298016

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.045093	0.129540	0.184135	0.268582	0.323177	0.407624	0.462219
Camarilla	0.200493	0.213238	0.225984	0.238729	0.251475	0.264220	0.276966
Woodie	0.030166	0.122077	0.169208	0.261119	0.308250	0.400161	0.447292
Fibonacci	0.129540	0.182654	0.215468	0.268582	0.321696	0.354510	0.407624

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):	62.31
MACD (12,26,9):	0.0012
Directional Movement:	16.244044
AROON (14):	-78.571429
DEMA (21):	0.250555
Parabolic SAR (0,02-0,02-0,2):	0.247409
Elder Ray (13):	0.002381
Super Trend (3,10):	0.244994
Zig ZAG (10):	0.251156
VORTEX (21):	1.0778
Stochastique (14,3,5):	52.27
TEMA (21):	0.249902
Williams %R (14):	-19.89
Chande Momentum Oscillator (20):	0.001863
Repulse (5,40,3):	0.2901
ROCnROLL:	1
TRIX (15,9):	0.0830
Courbe Coppock:	1.06

MA7:	0.246079
MA20:	0.252723
MA50:	0.285031
MA100:	0.277557
MAexp7:	0.249573
MAexp20:	0.248481
MAexp50:	0.245631
MAexp100:	0.244403
Price / MA7:	+1.65%
Price / MA20:	-1.02%
Price / MA50:	-12.24%
Price / MA100:	-9.88%
Price / MAexp7:	+0.23%
Price / MAexp20:	+0.67%
Price / MAexp50:	+1.84%
Price / MAexp100:	+2.35%

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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Londinia AI

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