BASIC ATTENTION TOKEN - BAT/USDT - 1H - Technical analysis published on 08/25/2020 (GMT)
- 281
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 0.387373 USDT
My targets
0.370667 USDT (-3.57%)
0.342311 USDT (-10.95%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BASIC ATTENTION TOKEN - BAT/USDT as long as the price remains well below 0.387373 USDT. The sellers” bearish objective is set at 0.370667 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.342311 USDT. In case of crossing, the next objective would be the support located at 0.325680 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
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 Monocle360. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USDT rating is 0.384400 USDT. The price registered a decrease of -3.05% on the session and was between 0.375400 USDT and 0.398500 USDT. This implies that the price is at +2.40% from its lowest and at -3.54% from its highest.0.375400
0.398500
0.384400
Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USDT:
Technical
A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USDT chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 2 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
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 this result:
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 | 0.311000 | 0.325680 | 0.342311 | 0.384400 | 0.387373 | 0.406800 | 0.426100 |
| Change (%) | -19.09% | -15.28% | -10.95% | - | +0.77% | +5.83% | +10.85% |
| Change | -0.073400 | -0.058720 | -0.042089 | - | +0.002973 | +0.022400 | +0.041700 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | 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 | 0.330567 | 0.359233 | 0.377867 | 0.406533 | 0.425167 | 0.453833 | 0.472467 |
| Camarilla | 0.383493 | 0.387828 | 0.392164 | 0.396500 | 0.400836 | 0.405172 | 0.409508 |
| Woodie | 0.325550 | 0.356725 | 0.372850 | 0.404025 | 0.420150 | 0.451325 | 0.467450 |
| Fibonacci | 0.359233 | 0.377302 | 0.388465 | 0.406533 | 0.424602 | 0.435765 | 0.453833 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.128433 | 0.199867 | 0.299233 | 0.370667 | 0.470033 | 0.541467 | 0.640833 |
| Camarilla | 0.351630 | 0.367287 | 0.382943 | 0.398600 | 0.414257 | 0.429913 | 0.445570 |
| Woodie | 0.142400 | 0.206850 | 0.313200 | 0.377650 | 0.484000 | 0.548450 | 0.654800 |
| Fibonacci | 0.199867 | 0.265112 | 0.305421 | 0.370667 | 0.435912 | 0.476221 | 0.541467 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.179133 | 0.204667 | 0.228633 | 0.254167 | 0.278133 | 0.303667 | 0.327633 |
| Camarilla | 0.238988 | 0.243525 | 0.248063 | 0.252600 | 0.257138 | 0.261675 | 0.266213 |
| Woodie | 0.178350 | 0.204275 | 0.227850 | 0.253775 | 0.277350 | 0.303275 | 0.326850 |
| Fibonacci | 0.204667 | 0.223576 | 0.235258 | 0.254167 | 0.273076 | 0.284758 | 0.303667 |
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): | 36.98 | |
| MACD (12,26,9): | -0.0062 | |
| Directional Movement: | -15.461689 | |
| AROON (14): | -71.428568 | |
| DEMA (21): | 0.383651 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.391729 | |
| Elder Ray (13): | -0.008209 | |
| Super Trend (3,10): | 0.402226 | |
| Zig ZAG (10): | 0.381500 | |
| VORTEX (21): | 0.8272 | |
| Stochastique (14,3,5): | 19.64 | |
| TEMA (21): | 0.378875 | |
| Williams %R (14): | -76.41 | |
| Chande Momentum Oscillator (20): | -0.020100 | |
| Repulse (5,40,3): | 0.8924 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1900 | |
| Courbe Coppock: | 6.60 |
| MA7: | 0.376586 | |
| MA20: | 0.315245 | |
| MA50: | 0.281328 | |
| MA100: | 0.256550 | |
| MAexp7: | 0.384041 | |
| MAexp20: | 0.390919 | |
| MAexp50: | 0.394875 | |
| MAexp100: | 0.387566 | |
| Price / MA7: | +2.07% | |
| Price / MA20: | +21.94% | |
| Price / MA50: | +36.64% | |
| Price / MA100: | +49.83% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | -1.67% | |
| Price / MAexp50: | -2.65% | |
| Price / MAexp100: | -0.82% |
Quotes :
2020-08-25 09:34:14
-
Real time data
-
Cryptocompare
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/USDT - 1H