BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 06/05/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.227844 USD
My targets
0.257682 USD (+7.10%)
0.281790 USD (+17.12%)
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 0.227844 USD, you could try to benefit from the boom. The first bullish objective is located at 0.257682 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.281790 USD as an objective. Crossing it would then enable buyers to target 0.311850 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.
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
8.8
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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 0.240591 USD. The price is lower by -0.54% since the last closing and was between 0.239721 USD and 0.247925 USD. This implies that the price is at +0.36% from its lowest and at -2.96% from its highest.0.239721
0.247925
0.240591
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BASIC ATTENTION TOKEN - BAT/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : Daily
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 : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.154873 | 0.206982 | 0.227844 | 0.240591 | 0.257682 | 0.281790 | 0.311850 |
| Change (%) | -35.63% | -13.97% | -5.30% | - | +7.10% | +17.12% | +29.62% |
| Change | -0.085718 | -0.033609 | -0.012747 | - | +0.017091 | +0.041199 | +0.071259 |
| Level | Intermediate | Major | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.205146 | 0.213740 | 0.227813 | 0.236407 | 0.250480 | 0.259074 | 0.273147 |
| Camarilla | 0.235654 | 0.237731 | 0.239809 | 0.241887 | 0.243965 | 0.246043 | 0.248120 |
| Woodie | 0.207887 | 0.215110 | 0.230554 | 0.237777 | 0.253221 | 0.260444 | 0.275888 |
| Fibonacci | 0.213740 | 0.222399 | 0.227748 | 0.236407 | 0.245066 | 0.250415 | 0.259074 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.172345 | 0.182176 | 0.201538 | 0.211369 | 0.230731 | 0.240562 | 0.259924 |
| Camarilla | 0.212872 | 0.215548 | 0.218224 | 0.220900 | 0.223576 | 0.226252 | 0.228928 |
| Woodie | 0.177111 | 0.184559 | 0.206304 | 0.213752 | 0.235497 | 0.242945 | 0.264690 |
| Fibonacci | 0.182176 | 0.193328 | 0.200217 | 0.211369 | 0.222521 | 0.229410 | 0.240562 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.090284 | 0.132360 | 0.171583 | 0.213659 | 0.252882 | 0.294958 | 0.334181 |
| Camarilla | 0.188450 | 0.195902 | 0.203355 | 0.210807 | 0.218259 | 0.225712 | 0.233164 |
| Woodie | 0.088859 | 0.131647 | 0.170158 | 0.212946 | 0.251457 | 0.294245 | 0.332756 |
| Fibonacci | 0.132360 | 0.163416 | 0.182603 | 0.213659 | 0.244715 | 0.263901 | 0.294958 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 65.04 | |
| MACD (12,26,9): | 0.0102 | |
| Directional Movement: | 16.319117 | |
| AROON (14): | 78.571428 | |
| DEMA (21): | 0.227364 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.193217 | |
| Elder Ray (13): | 0.023647 | |
| Super Trend (3,10): | 0.198068 | |
| Zig ZAG (10): | 0.241261 | |
| VORTEX (21): | 1.1484 | |
| Stochastique (14,3,5): | 89.14 | |
| TEMA (21): | 0.230791 | |
| Williams %R (14): | -12.85 | |
| Chande Momentum Oscillator (20): | 0.046568 | |
| Repulse (5,40,3): | 7.0879 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5330 | |
| Courbe Coppock: | 22.86 |
| MA7: | 0.225423 | |
| MA20: | 0.211936 | |
| MA50: | 0.196331 | |
| MA100: | 0.180261 | |
| MAexp7: | 0.227504 | |
| MAexp20: | 0.214827 | |
| MAexp50: | 0.200563 | |
| MAexp100: | 0.194813 | |
| Price / MA7: | +6.73% | |
| Price / MA20: | +13.52% | |
| Price / MA50: | +22.54% | |
| Price / MA100: | +33.47% | |
| Price / MAexp7: | +5.75% | |
| Price / MAexp20: | +11.99% | |
| Price / MAexp50: | +19.96% | |
| Price / MAexp100: | +23.50% |
Quotes :
2020-06-05 13:21:24
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Real time data
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Cryptocompare
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