BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 03/23/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.130721 USD
My targets
0.134762 USD (+2.80%)
0.144260 USD (+10.05%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well above 0.130721 USD. The buyers” bullish objective is set at 0.134762 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.144260 USD. If there is any crossing, the next objective would be the resistance located at 0.154057 USD.
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
5.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BASIC ATTENTION TOKEN - BAT/USD rating 0.131089 USD. The price has increased by +5.62% since the last closing with the lowest point at 0.120973 USD and the highest point at 0.136070 USD. The deviation from the price is +8.36% for the low point and -3.66% for the high point.0.120973
0.136070
0.131089
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 bullish trend. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.097725 | 0.111693 | 0.121497 | 0.131089 | 0.134762 | 0.144260 | 0.154057 |
| Change (%) | -25.45% | -14.80% | -7.32% | - | +2.80% | +10.05% | +17.52% |
| Change | -0.033364 | -0.019396 | -0.009592 | - | +0.003673 | +0.013171 | +0.022968 |
| Level | Minor | Intermediate | Major | - | Intermediate | Minor | Major |
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 | 0.101130 | 0.111720 | 0.117917 | 0.128507 | 0.134704 | 0.145294 | 0.151491 |
| Camarilla | 0.119497 | 0.121035 | 0.122574 | 0.124113 | 0.125652 | 0.127191 | 0.128729 |
| Woodie | 0.098933 | 0.110622 | 0.115720 | 0.127409 | 0.132507 | 0.144196 | 0.149294 |
| Fibonacci | 0.111720 | 0.118133 | 0.122095 | 0.128507 | 0.134920 | 0.138882 | 0.145294 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.043480 | 0.070603 | 0.103598 | 0.130721 | 0.163716 | 0.190839 | 0.223834 |
| Camarilla | 0.120062 | 0.125572 | 0.131083 | 0.136594 | 0.142105 | 0.147616 | 0.153127 |
| Woodie | 0.046417 | 0.072071 | 0.106535 | 0.132189 | 0.166653 | 0.192307 | 0.226771 |
| Fibonacci | 0.070603 | 0.093568 | 0.107756 | 0.130721 | 0.153686 | 0.167874 | 0.190839 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050007 | 0.126743 | 0.169247 | 0.245983 | 0.288487 | 0.365223 | 0.407727 |
| Camarilla | 0.178961 | 0.189891 | 0.200822 | 0.211752 | 0.222682 | 0.233613 | 0.244543 |
| Woodie | 0.032892 | 0.118185 | 0.152132 | 0.237425 | 0.271372 | 0.356665 | 0.390612 |
| Fibonacci | 0.126743 | 0.172292 | 0.200433 | 0.245983 | 0.291532 | 0.319673 | 0.365223 |
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): | 59.93 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 14.464318 | |
| AROON (14): | 28.571431 | |
| DEMA (21): | 0.127962 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.123448 | |
| Elder Ray (13): | 0.003380 | |
| Super Trend (3,10): | 0.132808 | |
| Zig ZAG (10): | 0.132183 | |
| VORTEX (21): | 1.0785 | |
| Stochastique (14,3,5): | 68.35 | |
| TEMA (21): | 0.129859 | |
| Williams %R (14): | -25.10 | |
| Chande Momentum Oscillator (20): | 0.007133 | |
| Repulse (5,40,3): | 3.1039 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1055 | |
| Courbe Coppock: | 6.50 |
| MA7: | 0.128720 | |
| MA20: | 0.161659 | |
| MA50: | 0.218542 | |
| MA100: | 0.206573 | |
| MAexp7: | 0.129698 | |
| MAexp20: | 0.128024 | |
| MAexp50: | 0.129432 | |
| MAexp100: | 0.130028 | |
| Price / MA7: | +1.84% | |
| Price / MA20: | -18.91% | |
| Price / MA50: | -40.02% | |
| Price / MA100: | -36.54% | |
| Price / MAexp7: | +1.07% | |
| Price / MAexp20: | +2.39% | |
| Price / MAexp50: | +1.28% | |
| Price / MAexp100: | +0.82% |
This member declared not having a position on this financial instrument or a related financial instrument.
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