BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 03/30/2020 (GMT)
- 243
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.141307 USD
My targets
0.145690 USD (+2.35%)
0.154057 USD (+8.23%)
My analysis
BASIC ATTENTION TOKEN - BAT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.141307 USD. The next resistance located at 0.145690 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.154057 USD. After this resistance, buyers could then target 0.165651 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.1
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD rating is 0.142340 USD. The price is lower by +9.29% since the last closing and was between 0.129698 USD and 0.142436 USD. This implies that the price is at +9.75% from its lowest and at -0.07% from its highest.0.129698
0.142436
0.142340
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.126417 | 0.136740 | 0.141307 | 0.142340 | 0.145690 | 0.154057 | 0.165651 |
| Change (%) | -11.19% | -3.93% | -0.73% | - | +2.35% | +8.23% | +16.38% |
| Change | -0.015923 | -0.005600 | -0.001033 | - | +0.003350 | +0.011717 | +0.023311 |
| Level | Minor | Intermediate | Minor | - | Minor | Major | 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 | 0.116653 | 0.123133 | 0.126689 | 0.133169 | 0.136725 | 0.143205 | 0.146761 |
| Camarilla | 0.127484 | 0.128404 | 0.129324 | 0.130244 | 0.131164 | 0.132084 | 0.133004 |
| Woodie | 0.115190 | 0.122402 | 0.125226 | 0.132438 | 0.135262 | 0.142474 | 0.145298 |
| Fibonacci | 0.123133 | 0.126967 | 0.129336 | 0.133169 | 0.137003 | 0.139372 | 0.143205 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.073549 | 0.097266 | 0.118216 | 0.141933 | 0.162883 | 0.186600 | 0.207550 |
| Camarilla | 0.126882 | 0.130976 | 0.135071 | 0.139165 | 0.143260 | 0.147354 | 0.151448 |
| Woodie | 0.072165 | 0.096574 | 0.116832 | 0.141241 | 0.161499 | 0.185908 | 0.206166 |
| Fibonacci | 0.097266 | 0.114329 | 0.124871 | 0.141933 | 0.158996 | 0.169538 | 0.186600 |
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): | 68.96 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 14.525064 | |
| AROON (14): | 92.857140 | |
| DEMA (21): | 0.139196 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.137761 | |
| Elder Ray (13): | 0.002411 | |
| Super Trend (3,10): | 0.134040 | |
| Zig ZAG (10): | 0.140488 | |
| VORTEX (21): | 1.2216 | |
| Stochastique (14,3,5): | 86.57 | |
| TEMA (21): | 0.140835 | |
| Williams %R (14): | -15.54 | |
| Chande Momentum Oscillator (20): | 0.006801 | |
| Repulse (5,40,3): | 1.7771 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0840 | |
| Courbe Coppock: | 11.14 |
| MA7: | 0.143578 | |
| MA20: | 0.135740 | |
| MA50: | 0.203062 | |
| MA100: | 0.204830 | |
| MAexp7: | 0.139525 | |
| MAexp20: | 0.137553 | |
| MAexp50: | 0.137366 | |
| MAexp100: | 0.139054 | |
| Price / MA7: | -0.86% | |
| Price / MA20: | +4.86% | |
| Price / MA50: | -29.90% | |
| Price / MA100: | -30.51% | |
| Price / MAexp7: | +2.02% | |
| Price / MAexp20: | +3.48% | |
| Price / MAexp50: | +3.62% | |
| Price / MAexp100: | +2.36% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis BASIC ATTENTION TOKEN - BAT/USD - 1H