BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 08/31/2024 (GMT)
- 116
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 0.163862 USD and 0.167888 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.167888 USD. The first support is located at 0.163862 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by BASIC ATTENTION TOKEN - BAT/USD.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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.
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Additional analysis
Quotes
BASIC ATTENTION TOKEN - BAT/USD rating 0.165449 USD. On the day, this instrument lost -0.04% and was traded between 0.164870 USD and 0.165956 USD over the period. The price is currently at +0.35% from its lowest and -0.31% from its highest.0.164870
0.165956
0.165449
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
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:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.158885 | 0.163862 | 0.165449 | 0.167888 | 0.182725 | 0.190051 |
| Change (%) | -3.97% | -0.96% | - | +1.47% | +10.44% | +14.87% |
| Change | -0.006564 | -0.001587 | - | +0.002439 | +0.017276 | +0.024602 |
| Level | Minor | Major | - | 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 | 0.151268 | 0.155077 | 0.160294 | 0.164103 | 0.169320 | 0.173129 | 0.178346 |
| Camarilla | 0.163030 | 0.163857 | 0.164685 | 0.165512 | 0.166339 | 0.167167 | 0.167994 |
| Woodie | 0.151973 | 0.155429 | 0.160999 | 0.164455 | 0.170025 | 0.173481 | 0.179051 |
| Fibonacci | 0.155077 | 0.158525 | 0.160655 | 0.164103 | 0.167551 | 0.169681 | 0.173129 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.136483 | 0.148607 | 0.169475 | 0.181599 | 0.202467 | 0.214591 | 0.235459 |
| Camarilla | 0.181269 | 0.184294 | 0.187318 | 0.190342 | 0.193366 | 0.196391 | 0.199415 |
| Woodie | 0.140854 | 0.150793 | 0.173846 | 0.183785 | 0.206838 | 0.216777 | 0.239830 |
| Fibonacci | 0.148607 | 0.161210 | 0.168996 | 0.181599 | 0.194202 | 0.201988 | 0.214591 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.150497 | 0.164849 | 0.179421 | 0.193773 | 0.208345 | 0.222697 | 0.237269 |
| Camarilla | 0.186040 | 0.188691 | 0.191343 | 0.193994 | 0.196645 | 0.199297 | 0.201948 |
| Woodie | 0.150608 | 0.164904 | 0.179532 | 0.193828 | 0.208456 | 0.222752 | 0.237380 |
| Fibonacci | 0.164849 | 0.175898 | 0.182724 | 0.193773 | 0.204822 | 0.211648 | 0.222697 |
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): | 54.19 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -0.283626 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.164541 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.159908 | |
| Elder Ray (13): | 0.000792 | |
| Super Trend (3,10): | 0.166040 | |
| Zig ZAG (10): | 0.165915 | |
| VORTEX (21): | 1.0449 | |
| Stochastique (14,3,5): | 77.52 | |
| TEMA (21): | 0.165056 | |
| Williams %R (14): | -19.10 | |
| Chande Momentum Oscillator (20): | 0.003821 | |
| Repulse (5,40,3): | 0.7041 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0329 | |
| Courbe Coppock: | 0.26 |
| MA7: | 0.170850 | |
| MA20: | 0.170659 | |
| MA50: | 0.178139 | |
| MA100: | 0.193114 | |
| MAexp7: | 0.165072 | |
| MAexp20: | 0.164625 | |
| MAexp50: | 0.165814 | |
| MAexp100: | 0.168742 | |
| Price / MA7: | -3.16% | |
| Price / MA20: | -3.05% | |
| Price / MA50: | -7.12% | |
| Price / MA100: | -14.33% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | -0.22% | |
| Price / MAexp100: | -1.95% |
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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