BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 06/25/2024 (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:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.186921 USD
My targets
0.192587 USD (+1.33%)
0.197838 USD (+4.10%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BASIC ATTENTION TOKEN - BAT/USD. This is a positive signal for buyers. As long as the price remains above 0.186921 USD, a purchase could be considered. The first bullish objective is located at 0.192587 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.197838 USD as an objective. Crossing it would then enable buyers to target 0.204436 USD. In the event of a return below 0.186921 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
0
10
5.7
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Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD price is 0.190050 USD. The price registered a decrease of -0.04% on the session with the lowest point at 0.189039 USD and the highest point at 0.190832 USD. The deviation from the price is +0.53% for the low point and -0.41% for the high point.0.189039
0.190832
0.190050
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USD chart shows a bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.178638 | 0.182519 | 0.186921 | 0.190050 | 0.192587 | 0.197838 | 0.204436 |
| Change (%) | -6.00% | -3.96% | -1.65% | - | +1.33% | +4.10% | +7.57% |
| Change | -0.011412 | -0.007531 | -0.003129 | - | +0.002537 | +0.007788 | +0.014386 |
| Level | Minor | Major | Intermediate | - | Major | Major | Minor |
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 | 0.170964 | 0.174801 | 0.182461 | 0.186298 | 0.193958 | 0.197795 | 0.205455 |
| Camarilla | 0.186959 | 0.188013 | 0.189067 | 0.190121 | 0.191175 | 0.192229 | 0.193283 |
| Woodie | 0.172876 | 0.175757 | 0.184373 | 0.187254 | 0.195870 | 0.198751 | 0.207367 |
| Fibonacci | 0.174801 | 0.179193 | 0.181906 | 0.186298 | 0.190690 | 0.193403 | 0.197795 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.131559 | 0.153560 | 0.171142 | 0.193143 | 0.210725 | 0.232726 | 0.250308 |
| Camarilla | 0.177840 | 0.181468 | 0.185097 | 0.188725 | 0.192353 | 0.195982 | 0.199610 |
| Woodie | 0.129351 | 0.152455 | 0.168934 | 0.192038 | 0.208517 | 0.231621 | 0.248100 |
| Fibonacci | 0.153560 | 0.168680 | 0.178022 | 0.193143 | 0.208263 | 0.217605 | 0.232726 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.182046 | 0.200825 | 0.222027 | 0.240806 | 0.262008 | 0.280787 | 0.301989 |
| Camarilla | 0.232235 | 0.235900 | 0.239565 | 0.243230 | 0.246895 | 0.250560 | 0.254225 |
| Woodie | 0.183259 | 0.201431 | 0.223240 | 0.241412 | 0.263221 | 0.281393 | 0.303202 |
| Fibonacci | 0.200825 | 0.216097 | 0.225533 | 0.240806 | 0.256078 | 0.265514 | 0.280787 |
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): | 63.50 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 9.201739 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.187926 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.185023 | |
| Elder Ray (13): | 0.002566 | |
| Super Trend (3,10): | 0.184106 | |
| Zig ZAG (10): | 0.190368 | |
| VORTEX (21): | 1.1589 | |
| Stochastique (14,3,5): | 93.94 | |
| TEMA (21): | 0.189376 | |
| Williams %R (14): | -5.50 | |
| Chande Momentum Oscillator (20): | 0.003469 | |
| Repulse (5,40,3): | 1.1775 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0033 | |
| Courbe Coppock: | 4.15 |
| MA7: | 0.189112 | |
| MA20: | 0.205841 | |
| MA50: | 0.227718 | |
| MA100: | 0.255048 | |
| MAexp7: | 0.188954 | |
| MAexp20: | 0.187295 | |
| MAexp50: | 0.187389 | |
| MAexp100: | 0.188837 | |
| Price / MA7: | +0.50% | |
| Price / MA20: | -7.67% | |
| Price / MA50: | -16.54% | |
| Price / MA100: | -25.48% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | +1.47% | |
| Price / MAexp50: | +1.42% | |
| Price / MAexp100: | +0.64% |
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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