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 08/05/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

61%

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

0.4

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 0.156177 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:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

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

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 - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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