BASIC ATTENTION TOKEN - BAT/USDT - Daily - Technical analysis published on 02/15/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 0.956033 USDT
My targets
0.810380 USDT (-2.67%)
0.637700 USDT (-23.41%)
My analysis
The bearish basic trend is very strong on BASIC ATTENTION TOKEN - BAT/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.956033 USDT. Crossing the first support at 0.810380 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.637700 USDT as an objective. Crossing it would then enable sellers to target 0.469460 USDT. Caution, a return to above the resistance located at 0.956033 USDT would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USDT price is 0.832600 USDT. The price registered an increase of +3.35% on the session and was between 0.805700 USDT and 0.834400 USDT. This implies that the price is at +3.34% from its lowest and at -0.22% from its highest.0.805700
0.834400
0.832600
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USDT in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : Daily
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 | 0.469460 | 0.637700 | 0.810380 | 0.832600 | 0.983300 | 1.380000 | 1.540000 |
| Change (%) | -43.62% | -23.41% | -2.67% | - | +18.10% | +65.75% | +84.96% |
| Change | -0.363140 | -0.194900 | -0.022220 | - | +0.150700 | +0.547400 | +0.707400 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.741300 | 0.758000 | 0.781800 | 0.798500 | 0.822300 | 0.839000 | 0.862800 |
| Camarilla | 0.794463 | 0.798175 | 0.801888 | 0.805600 | 0.809313 | 0.813025 | 0.816738 |
| Woodie | 0.744850 | 0.759775 | 0.785350 | 0.800275 | 0.825850 | 0.840775 | 0.866350 |
| Fibonacci | 0.758000 | 0.773471 | 0.783029 | 0.798500 | 0.813971 | 0.823529 | 0.839000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.531200 | 0.657700 | 0.733600 | 0.860100 | 0.936000 | 1.062500 | 1.138400 |
| Camarilla | 0.753840 | 0.772393 | 0.790947 | 0.809500 | 0.828053 | 0.846607 | 0.865160 |
| Woodie | 0.505900 | 0.645050 | 0.708300 | 0.847450 | 0.910700 | 1.049850 | 1.113100 |
| Fibonacci | 0.657700 | 0.735017 | 0.782783 | 0.860100 | 0.937417 | 0.985183 | 1.062500 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.158333 | 0.247633 | 0.550067 | 0.956033 | 1.258467 | 1.664433 | 1.966867 |
| Camarilla | 0.657690 | 0.722627 | 0.787563 | 0.852500 | 0.917437 | 0.982373 | 1.047310 |
| Woodie | -0.210100 | 0.221750 | 0.498300 | 0.930150 | 1.206700 | 1.638550 | 1.915100 |
| Fibonacci | 0.247633 | 0.518242 | 0.685425 | 0.956033 | 1.226642 | 1.393825 | 1.664433 |
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): | 43.30 | |
| MACD (12,26,9): | -0.0325 | |
| Directional Movement: | -9.541738 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.821577 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.948404 | |
| Elder Ray (13): | -0.033966 | |
| Super Trend (3,10): | 0.981829 | |
| Zig ZAG (10): | 0.832400 | |
| VORTEX (21): | 1.0606 | |
| Stochastique (14,3,5): | 17.87 | |
| TEMA (21): | 0.837575 | |
| Williams %R (14): | -72.49 | |
| Chande Momentum Oscillator (20): | 0.007100 | |
| Repulse (5,40,3): | 2.5235 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5115 | |
| Courbe Coppock: | 1.15 |
| MA7: | 0.843129 | |
| MA20: | 0.863770 | |
| MA50: | 0.971486 | |
| MA100: | 1.097239 | |
| MAexp7: | 0.839025 | |
| MAexp20: | 0.869045 | |
| MAexp50: | 0.945026 | |
| MAexp100: | 0.978530 | |
| Price / MA7: | -1.25% | |
| Price / MA20: | -3.61% | |
| Price / MA50: | -14.30% | |
| Price / MA100: | -24.12% | |
| Price / MAexp7: | -0.77% | |
| Price / MAexp20: | -4.19% | |
| Price / MAexp50: | -11.90% | |
| Price / MAexp100: | -14.91% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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