BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 07/08/2020 (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:
Bullish
De fond:
Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 0.257739 USD
My targets
0.263938 USD (+1.31%)
0.271415 USD (+4.18%)
My analysis
The basic bullish trend is very strong on BASIC ATTENTION TOKEN - BAT/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.257739 USD. Crossing the first resistance at 0.263938 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.271415 USD as an objective. Crossing it would then enable buyers to target 0.311850 USD. Caution, a return to below 0.257739 USD would be a sign of a consolidation phase in 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.
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
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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 rating is 0.260521 USD. The price has increased by +1.69% since the last closing and was traded between 0.251324 USD and 0.270525 USD over the period. The price is currently at +3.66% from its lowest and -3.70% from its highest.0.251324
0.270525
0.260521
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on BASIC ATTENTION TOKEN - BAT/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USD chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.254855 | 0.257739 | 0.260100 | 0.260521 | 0.263938 | 0.271415 | 0.311850 |
| Change (%) | -2.17% | -1.07% | -0.16% | - | +1.31% | +4.18% | +19.70% |
| Change | -0.005666 | -0.002782 | -0.000421 | - | +0.003417 | +0.010894 | +0.051329 |
| Level | Intermediate | Minor | Minor | - | Major | Minor | 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 | 0.180339 | 0.207116 | 0.221614 | 0.248391 | 0.262889 | 0.289666 | 0.304164 |
| Camarilla | 0.224762 | 0.228546 | 0.232330 | 0.236113 | 0.239897 | 0.243680 | 0.247464 |
| Woodie | 0.174201 | 0.204046 | 0.215476 | 0.245321 | 0.256751 | 0.286596 | 0.298026 |
| Fibonacci | 0.207116 | 0.222883 | 0.232624 | 0.248391 | 0.264158 | 0.273899 | 0.289666 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.203025 | 0.221472 | 0.235715 | 0.254162 | 0.268405 | 0.286852 | 0.301095 |
| Camarilla | 0.240968 | 0.243965 | 0.246961 | 0.249958 | 0.252955 | 0.255951 | 0.258948 |
| Woodie | 0.200923 | 0.220421 | 0.233613 | 0.253111 | 0.266303 | 0.285801 | 0.298993 |
| Fibonacci | 0.221472 | 0.233960 | 0.241674 | 0.254162 | 0.266650 | 0.274364 | 0.286852 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.193723 | 0.213807 | 0.234998 | 0.255082 | 0.276273 | 0.296357 | 0.317548 |
| Camarilla | 0.244837 | 0.248621 | 0.252405 | 0.256188 | 0.259972 | 0.263755 | 0.267539 |
| Woodie | 0.194276 | 0.214084 | 0.235551 | 0.255359 | 0.276826 | 0.296634 | 0.318101 |
| Fibonacci | 0.213807 | 0.229574 | 0.239315 | 0.255082 | 0.270849 | 0.280590 | 0.296357 |
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): | 52.77 | |
| MACD (12,26,9): | 0.0029 | |
| Directional Movement: | 9.255188 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.265451 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.255180 | |
| Elder Ray (13): | -0.000952 | |
| Super Trend (3,10): | 0.284750 | |
| Zig ZAG (10): | 0.265040 | |
| VORTEX (21): | 0.9595 | |
| Stochastique (14,3,5): | 38.07 | |
| TEMA (21): | 0.267224 | |
| Williams %R (14): | -70.87 | |
| Chande Momentum Oscillator (20): | 0.009936 | |
| Repulse (5,40,3): | 6.7241 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1098 | |
| Courbe Coppock: | 7.47 |
| MA7: | 0.250794 | |
| MA20: | 0.253278 | |
| MA50: | 0.234586 | |
| MA100: | 0.206469 | |
| MAexp7: | 0.265167 | |
| MAexp20: | 0.262125 | |
| MAexp50: | 0.258347 | |
| MAexp100: | 0.255521 | |
| Price / MA7: | +3.88% | |
| Price / MA20: | +2.86% | |
| Price / MA50: | +11.06% | |
| Price / MA100: | +26.18% | |
| Price / MAexp7: | -1.75% | |
| Price / MAexp20: | -0.61% | |
| Price / MAexp50: | +0.84% | |
| Price / MAexp100: | +1.96% |
Quotes :
2020-07-08 13:03:22
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Real time data
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Cryptocompare
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