BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 07/23/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 0.263864 USD
My targets
0.271757 USD (+1.63%)
0.275850 USD (+3.16%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BASIC ATTENTION TOKEN - BAT/USD. This is a positive signal for buyers. As long as the price remains above 0.263864 USD, a purchase could be considered. The first bullish objective is located at 0.271757 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.275850 USD as an objective. Crossing it would then enable buyers to target 0.281790 USD. In the event of a return below 0.263864 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.7
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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 0.267390 USD. On the day, this instrument gained +1.81% and was between 0.261789 USD and 0.269483 USD. This implies that the price is at +2.14% from its lowest and at -0.78% from its highest.0.261789
0.269483
0.267390
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USD:
Technical
A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USD chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. 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. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle 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 | 0.246430 | 0.258713 | 0.263864 | 0.267390 | 0.271757 | 0.275850 | 0.281790 |
| Change (%) | -7.84% | -3.25% | -1.32% | - | +1.63% | +3.16% | +5.39% |
| Change | -0.020960 | -0.008677 | -0.003526 | - | +0.004367 | +0.008460 | +0.014400 |
| Level | Minor | 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 | 0.242989 | 0.249570 | 0.256107 | 0.262688 | 0.269225 | 0.275806 | 0.282343 |
| Camarilla | 0.259037 | 0.260239 | 0.261442 | 0.262644 | 0.263847 | 0.265049 | 0.266251 |
| Woodie | 0.242967 | 0.249559 | 0.256085 | 0.262677 | 0.269203 | 0.275795 | 0.282321 |
| Fibonacci | 0.249570 | 0.254581 | 0.257677 | 0.262688 | 0.267699 | 0.270795 | 0.275806 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.195990 | 0.215587 | 0.242630 | 0.262227 | 0.289270 | 0.308867 | 0.335910 |
| Camarilla | 0.256847 | 0.261122 | 0.265398 | 0.269673 | 0.273948 | 0.278224 | 0.282499 |
| Woodie | 0.199713 | 0.217449 | 0.246353 | 0.264089 | 0.292993 | 0.310729 | 0.339633 |
| Fibonacci | 0.215587 | 0.233404 | 0.244411 | 0.262227 | 0.280044 | 0.291051 | 0.308867 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.110931 | 0.157968 | 0.204567 | 0.251604 | 0.298203 | 0.345240 | 0.391839 |
| Camarilla | 0.225415 | 0.233998 | 0.242582 | 0.251165 | 0.259748 | 0.268332 | 0.276915 |
| Woodie | 0.110711 | 0.157859 | 0.204347 | 0.251495 | 0.297983 | 0.345131 | 0.391619 |
| Fibonacci | 0.157968 | 0.193737 | 0.215835 | 0.251604 | 0.287373 | 0.309471 | 0.345240 |
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): | 57.49 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 5.409120 | |
| AROON (14): | 49.999999 | |
| DEMA (21): | 0.267448 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.269366 | |
| Elder Ray (13): | 0.000301 | |
| Super Trend (3,10): | 0.261654 | |
| Zig ZAG (10): | 0.267804 | |
| VORTEX (21): | 1.0458 | |
| Stochastique (14,3,5): | 65.25 | |
| TEMA (21): | 0.267986 | |
| Williams %R (14): | -30.09 | |
| Chande Momentum Oscillator (20): | 0.003632 | |
| Repulse (5,40,3): | 0.1969 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0773 | |
| Courbe Coppock: | 2.37 |
| MA7: | 0.265690 | |
| MA20: | 0.260860 | |
| MA50: | 0.249968 | |
| MA100: | 0.221527 | |
| MAexp7: | 0.267172 | |
| MAexp20: | 0.265846 | |
| MAexp50: | 0.264316 | |
| MAexp100: | 0.264249 | |
| Price / MA7: | +0.64% | |
| Price / MA20: | +2.50% | |
| Price / MA50: | +6.97% | |
| Price / MA100: | +20.70% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.58% | |
| Price / MAexp50: | +1.16% | |
| Price / MAexp100: | +1.19% |
Quotes :
2020-07-23 16:03:19
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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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