BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 04/06/2020 (GMT)
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- 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:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.154836 USD
My targets
0.163401 USD (+2.25%)
0.176061 USD (+10.18%)
My analysis
The bullish trend is currently very strong on BASIC ATTENTION TOKEN - BAT/USD. As long as the price remains above the support at 0.154836 USD, you could try to benefit from the boom. The first bullish objective is located at 0.163401 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.176061 USD as an objective. Crossing it would then enable buyers to target 0.227438 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
8.9
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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
The BASIC ATTENTION TOKEN - BAT/USD price is 0.159798 USD. On the day, this instrument gained +8.72% and was traded between 0.145010 USD and 0.161296 USD over the period. The price is currently at +10.20% from its lowest and -0.93% from its highest.0.145010
0.161296
0.159798
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI 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 : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.150750 | 0.152676 | 0.154836 | 0.159798 | 0.227438 | 0.276330 | 0.311850 |
| Change (%) | -5.66% | -4.46% | -3.11% | - | +42.33% | +72.92% | +95.15% |
| Change | -0.009048 | -0.007122 | -0.004962 | - | +0.067640 | +0.116532 | +0.152052 |
| Level | Major | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
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 | 0.139022 | 0.141725 | 0.144351 | 0.147054 | 0.149680 | 0.152383 | 0.155009 |
| Camarilla | 0.145512 | 0.146000 | 0.146489 | 0.146977 | 0.147466 | 0.147954 | 0.148443 |
| Woodie | 0.138984 | 0.141706 | 0.144313 | 0.147035 | 0.149642 | 0.152364 | 0.154971 |
| Fibonacci | 0.141725 | 0.143761 | 0.145018 | 0.147054 | 0.149090 | 0.150347 | 0.152383 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.112683 | 0.121149 | 0.133809 | 0.142275 | 0.154935 | 0.163401 | 0.176061 |
| Camarilla | 0.140660 | 0.142597 | 0.144534 | 0.146470 | 0.148407 | 0.150343 | 0.152280 |
| Woodie | 0.114781 | 0.122198 | 0.135907 | 0.143324 | 0.157033 | 0.164450 | 0.178159 |
| Fibonacci | 0.121149 | 0.129219 | 0.134205 | 0.142275 | 0.150345 | 0.155331 | 0.163401 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.093232 | -0.003716 | 0.069211 | 0.158727 | 0.231654 | 0.321170 | 0.394097 |
| Camarilla | 0.097467 | 0.112358 | 0.127248 | 0.142139 | 0.157030 | 0.171920 | 0.186811 |
| Woodie | -0.101526 | -0.007863 | 0.060918 | 0.154580 | 0.223361 | 0.317023 | 0.385804 |
| Fibonacci | -0.003716 | 0.058337 | 0.096673 | 0.158727 | 0.220780 | 0.259116 | 0.321170 |
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): | 82.20 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 29.085392 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.156340 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.155301 | |
| Elder Ray (13): | 0.004850 | |
| Super Trend (3,10): | 0.149853 | |
| Zig ZAG (10): | 0.159597 | |
| VORTEX (21): | 1.1673 | |
| Stochastique (14,3,5): | 84.63 | |
| TEMA (21): | 0.158258 | |
| Williams %R (14): | -11.67 | |
| Chande Momentum Oscillator (20): | 0.011692 | |
| Repulse (5,40,3): | 1.1220 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1918 | |
| Courbe Coppock: | 12.37 |
| MA7: | 0.146894 | |
| MA20: | 0.140895 | |
| MA50: | 0.183331 | |
| MA100: | 0.203276 | |
| MAexp7: | 0.156783 | |
| MAexp20: | 0.152883 | |
| MAexp50: | 0.149656 | |
| MAexp100: | 0.147332 | |
| Price / MA7: | +8.78% | |
| Price / MA20: | +13.42% | |
| Price / MA50: | -12.84% | |
| Price / MA100: | -21.39% | |
| Price / MAexp7: | +1.92% | |
| Price / MAexp20: | +4.52% | |
| Price / MAexp50: | +6.78% | |
| Price / MAexp100: | +8.46% |
This member declared not having a position on this financial instrument or a related financial instrument.
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