BASIC ATTENTION TOKEN - BAT/USD - Weekly - Technical analysis published on 10/29/2021 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.683305 USD
My targets
0.983302 USD (+20.08%)
1.050281 USD (+28.25%)
My analysis
BASIC ATTENTION TOKEN - BAT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.683305 USD. The next resistance located at 0.983302 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.050281 USD. After this resistance, buyers could then target 1.542240 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
8
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This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD price is 0.818905 USD. The price is up +15.00% over 5 days and was traded between 0.638869 USD and 0.739982 USD over the period. The price is currently at +28.18% from its lowest point and +10.67% from its highest point.0.638869
0.739982
0.818905
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in Weekly shows a strongly overall bullish trend. 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 market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : Weekly
Support of channel is broken
Type : Bearish
Timeframe : Weekly
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 : Weekly
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.182423 | 0.311850 | 0.466533 | 0.818905 | 0.983302 | 1.542240 |
| Change (%) | -77.72% | -61.92% | -43.03% | - | +20.08% | +88.33% |
| Change | -0.636482 | -0.507055 | -0.352372 | - | +0.164397 | +0.723335 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.553851 | 0.593353 | 0.644598 | 0.684100 | 0.735345 | 0.774847 | 0.826092 |
| Camarilla | 0.670889 | 0.679207 | 0.687526 | 0.695844 | 0.704163 | 0.712481 | 0.720799 |
| Woodie | 0.559724 | 0.596289 | 0.650471 | 0.687036 | 0.741218 | 0.777783 | 0.831965 |
| Fibonacci | 0.593353 | 0.628018 | 0.649434 | 0.684100 | 0.718765 | 0.740181 | 0.774847 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.606761 | 0.637918 | 0.674997 | 0.706154 | 0.743233 | 0.774390 | 0.811469 |
| Camarilla | 0.693311 | 0.699566 | 0.705821 | 0.712076 | 0.718331 | 0.724586 | 0.730841 |
| Woodie | 0.609722 | 0.639399 | 0.677958 | 0.707635 | 0.746194 | 0.775871 | 0.814430 |
| Fibonacci | 0.637918 | 0.663984 | 0.680088 | 0.706154 | 0.732220 | 0.748324 | 0.774390 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.264536 | 0.421390 | 0.526451 | 0.683305 | 0.788366 | 0.945220 | 1.050281 |
| Camarilla | 0.559486 | 0.583495 | 0.607504 | 0.631513 | 0.655522 | 0.679531 | 0.703540 |
| Woodie | 0.238641 | 0.408442 | 0.500556 | 0.670357 | 0.762471 | 0.932272 | 1.024386 |
| Fibonacci | 0.421390 | 0.521441 | 0.583253 | 0.683305 | 0.783356 | 0.845168 | 0.945220 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 54.67 | |
| MACD (12,26,9): | 0.0127 | |
| Directional Movement: | 6.308401 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.762707 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.627687 | |
| Elder Ray (13): | 0.027128 | |
| Super Trend (3,10): | 1.188357 | |
| Zig ZAG (10): | 0.828622 | |
| VORTEX (21): | 0.9981 | |
| Stochastique (14,3,5): | 52.79 | |
| TEMA (21): | 0.727510 | |
| Williams %R (14): | -36.13 | |
| Chande Momentum Oscillator (20): | 0.107388 | |
| Repulse (5,40,3): | 20.2408 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1294 | |
| Courbe Coppock: | 51.60 |
| MA7: | 0.710343 | |
| MA20: | 0.703085 | |
| MA50: | 0.705723 | |
| MA100: | 0.723013 | |
| MAexp7: | 0.751893 | |
| MAexp20: | 0.742239 | |
| MAexp50: | 0.663964 | |
| MAexp100: | 0.535348 | |
| Price / MA7: | +15.28% | |
| Price / MA20: | +16.47% | |
| Price / MA50: | +16.04% | |
| Price / MA100: | +13.26% | |
| Price / MAexp7: | +8.91% | |
| Price / MAexp20: | +10.33% | |
| Price / MAexp50: | +23.34% | |
| Price / MAexp100: | +52.97% |
Quotes :
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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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