BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 08/05/2024 (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:
Bullish
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 0.163512 USD
My targets
0.152102 USD (-2.61%)
0.137687 USD (-11.84%)
My analysis
In a bearish trend, the price of BASIC ATTENTION TOKEN - BAT/USD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.163512 USD. A bearish break in the support located at 0.152102 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.137687 USD. Then 0.113714 USD by extension. It would be safer to wait for a bearish break in the support located at 0.152102 USD before allowing yourself to re trade short positions (for sale) on BASIC ATTENTION TOKEN - BAT/USD. PS: if there is a bullish break in the resistance located at 0.163512 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.4
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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 0.156177 USD. The price is lower by -1.04% since the last closing with the lowest point at 0.131635 USD and the highest point at 0.158730 USD. The deviation from the price is +18.64% for the low point and -1.61% for the high point.0.131635
0.158730
0.156177
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USD:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USD chart shows a bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 11 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
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.156177 | 0.163512 | 0.169967 | 0.172853 |
| Change (%) | - | +4.70% | +8.83% | +10.68% |
| Change | - | +0.007335 | +0.013790 | +0.016676 |
| Level | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.134004 | 0.143058 | 0.150439 | 0.159493 | 0.166874 | 0.175928 | 0.183309 |
| Camarilla | 0.153300 | 0.154807 | 0.156314 | 0.157820 | 0.159327 | 0.160833 | 0.162340 |
| Woodie | 0.133168 | 0.142640 | 0.149603 | 0.159075 | 0.166038 | 0.175510 | 0.182473 |
| Fibonacci | 0.143058 | 0.149336 | 0.153215 | 0.159493 | 0.165771 | 0.169650 | 0.175928 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.113714 | 0.137687 | 0.152102 | 0.176075 | 0.190490 | 0.214463 | 0.228878 |
| Camarilla | 0.155961 | 0.159480 | 0.162999 | 0.166518 | 0.170037 | 0.173556 | 0.177075 |
| Woodie | 0.108936 | 0.135298 | 0.147324 | 0.173686 | 0.185712 | 0.212074 | 0.224100 |
| Fibonacci | 0.137687 | 0.152351 | 0.161411 | 0.176075 | 0.190739 | 0.199799 | 0.214463 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.103302 | 0.127093 | 0.160543 | 0.184334 | 0.217784 | 0.241575 | 0.275025 |
| Camarilla | 0.178253 | 0.183500 | 0.188747 | 0.193994 | 0.199241 | 0.204488 | 0.209735 |
| Woodie | 0.108133 | 0.129508 | 0.165374 | 0.186749 | 0.222615 | 0.243990 | 0.279856 |
| Fibonacci | 0.127093 | 0.148959 | 0.162468 | 0.184334 | 0.206200 | 0.219709 | 0.241575 |
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): | 54.17 | |
| MACD (12,26,9): | -0.0030 | |
| Directional Movement: | -5.869257 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.143525 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.132896 | |
| Elder Ray (13): | 0.006399 | |
| Super Trend (3,10): | 0.138729 | |
| Zig ZAG (10): | 0.153805 | |
| VORTEX (21): | 0.9522 | |
| Stochastique (14,3,5): | 83.87 | |
| TEMA (21): | 0.144822 | |
| Williams %R (14): | -3.80 | |
| Chande Momentum Oscillator (20): | 0.011840 | |
| Repulse (5,40,3): | 6.3409 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4569 | |
| Courbe Coppock: | 6.54 |
| MA7: | 0.174710 | |
| MA20: | 0.187760 | |
| MA50: | 0.186603 | |
| MA100: | 0.212238 | |
| MAexp7: | 0.148416 | |
| MAexp20: | 0.148340 | |
| MAexp50: | 0.155719 | |
| MAexp100: | 0.164628 | |
| Price / MA7: | -10.61% | |
| Price / MA20: | -16.82% | |
| Price / MA50: | -16.31% | |
| Price / MA100: | -26.41% | |
| Price / MAexp7: | +5.23% | |
| Price / MAexp20: | +5.28% | |
| Price / MAexp50: | +0.29% | |
| Price / MAexp100: | -5.13% |
Quotes :
-
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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