BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 08/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.619410 USD
My targets
0.701737 USD (+5.45%)
0.751299 USD (+12.90%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well above 0.619410 USD. The buyers' bullish objective is set at 0.701737 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.751299 USD. If there is any crossing, the next objective would be the resistance located at 1.024990 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
5.9
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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 rating is 0.665478 USD. On the day, this instrument gained +1.10% and was traded between 0.638092 USD and 0.668517 USD over the period. The price is currently at +4.29% from its lowest and -0.45% from its highest.0.638092
0.668517
0.665478
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:
Technical
Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
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
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.560226 | 0.600377 | 0.619410 | 0.665478 | 1.024990 | 1.234560 | 1.542240 |
| Change (%) | -15.82% | -9.78% | -6.92% | - | +54.02% | +85.51% | +131.75% |
| Change | -0.105252 | -0.065101 | -0.046068 | - | +0.359512 | +0.569082 | +0.876762 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.554825 | 0.601087 | 0.629667 | 0.675929 | 0.704509 | 0.750771 | 0.779351 |
| Camarilla | 0.637665 | 0.644525 | 0.651386 | 0.658246 | 0.665107 | 0.671967 | 0.678828 |
| Woodie | 0.545983 | 0.596667 | 0.620825 | 0.671509 | 0.695667 | 0.746351 | 0.770509 |
| Fibonacci | 0.601087 | 0.629677 | 0.647340 | 0.675929 | 0.704519 | 0.722182 | 0.750771 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.418145 | 0.467707 | 0.559941 | 0.609503 | 0.701737 | 0.751299 | 0.843533 |
| Camarilla | 0.613182 | 0.626180 | 0.639178 | 0.652176 | 0.665174 | 0.678172 | 0.691170 |
| Woodie | 0.439482 | 0.478375 | 0.581278 | 0.620171 | 0.723074 | 0.761967 | 0.864870 |
| Fibonacci | 0.467707 | 0.521873 | 0.555337 | 0.609503 | 0.663669 | 0.697133 | 0.751299 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.316299 | 0.386229 | 0.519203 | 0.589133 | 0.722107 | 0.792037 | 0.925011 |
| Camarilla | 0.596377 | 0.614977 | 0.633577 | 0.652176 | 0.670776 | 0.689375 | 0.707975 |
| Woodie | 0.347820 | 0.401990 | 0.550724 | 0.604894 | 0.753628 | 0.807798 | 0.956532 |
| Fibonacci | 0.386229 | 0.463739 | 0.511624 | 0.589133 | 0.666643 | 0.714528 | 0.792037 |
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): | 51.72 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -5.688824 | |
| AROON (14): | 35.714287 | |
| DEMA (21): | 0.658747 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.639603 | |
| Elder Ray (13): | 0.004584 | |
| Super Trend (3,10): | 0.682297 | |
| Zig ZAG (10): | 0.665297 | |
| VORTEX (21): | 0.9885 | |
| Stochastique (14,3,5): | 82.32 | |
| TEMA (21): | 0.655986 | |
| Williams %R (14): | -12.64 | |
| Chande Momentum Oscillator (20): | 0.016086 | |
| Repulse (5,40,3): | 1.5641 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0831 | |
| Courbe Coppock: | 1.66 |
| MA7: | 0.618525 | |
| MA20: | 0.555102 | |
| MA50: | 0.569900 | |
| MA100: | 0.773102 | |
| MAexp7: | 0.660409 | |
| MAexp20: | 0.661377 | |
| MAexp50: | 0.658191 | |
| MAexp100: | 0.640511 | |
| Price / MA7: | +7.59% | |
| Price / MA20: | +19.88% | |
| Price / MA50: | +16.77% | |
| Price / MA100: | -13.92% | |
| Price / MAexp7: | +0.77% | |
| Price / MAexp20: | +0.62% | |
| Price / MAexp50: | +1.11% | |
| Price / MAexp100: | +3.90% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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