BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 08/09/2022 (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
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 0.429653 USD
My targets
0.447056 USD (+0.90%)
0.469844 USD (+6.04%)
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 0.429653 USD. Crossing the first resistance at 0.447056 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.469844 USD as an objective. Crossing it would then enable buyers to target 0.634213 USD. Caution, a return to below 0.429653 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD rating is 0.443072 USD. The price registered an increase of +1.25% on the session and was between 0.436688 USD and 0.448572 USD. This implies that the price is at +1.46% from its lowest and at -1.23% from its highest.0.436688
0.448572
0.443072
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
Technical
Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is strongly bullish. 89.29% 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 scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
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 | 0.423061 | 0.429653 | 0.441189 | 0.443072 | 0.447056 | 0.469844 | 0.634213 |
| Change (%) | -4.52% | -3.03% | -0.42% | - | +0.90% | +6.04% | +43.14% |
| Change | -0.020011 | -0.013419 | -0.001883 | - | +0.003984 | +0.026772 | +0.191141 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.390348 | 0.406053 | 0.421827 | 0.437532 | 0.453306 | 0.469011 | 0.484785 |
| Camarilla | 0.428944 | 0.431830 | 0.434715 | 0.437601 | 0.440487 | 0.443372 | 0.446258 |
| Woodie | 0.390383 | 0.406070 | 0.421862 | 0.437549 | 0.453341 | 0.469028 | 0.484820 |
| Fibonacci | 0.406053 | 0.418078 | 0.425507 | 0.437532 | 0.449557 | 0.456986 | 0.469011 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.323417 | 0.354011 | 0.393024 | 0.423618 | 0.462631 | 0.493225 | 0.532238 |
| Camarilla | 0.412896 | 0.419277 | 0.425657 | 0.432038 | 0.438419 | 0.444799 | 0.451180 |
| Woodie | 0.327628 | 0.356116 | 0.397235 | 0.425723 | 0.466842 | 0.495330 | 0.536449 |
| Fibonacci | 0.354011 | 0.380601 | 0.397028 | 0.423618 | 0.450208 | 0.466635 | 0.493225 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.226605 | 0.285027 | 0.342566 | 0.400988 | 0.458527 | 0.516949 | 0.574488 |
| Camarilla | 0.368216 | 0.378846 | 0.389475 | 0.400105 | 0.410735 | 0.421365 | 0.431994 |
| Woodie | 0.226164 | 0.284806 | 0.342125 | 0.400767 | 0.458086 | 0.516728 | 0.574047 |
| Fibonacci | 0.285027 | 0.329324 | 0.356691 | 0.400988 | 0.445285 | 0.472652 | 0.516949 |
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): | 57.87 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -0.153386 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.438039 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.453237 | |
| Elder Ray (13): | 0.002768 | |
| Super Trend (3,10): | 0.414786 | |
| Zig ZAG (10): | 0.446314 | |
| VORTEX (21): | 1.0363 | |
| Stochastique (14,3,5): | 31.48 | |
| TEMA (21): | 0.436814 | |
| Williams %R (14): | -26.67 | |
| Chande Momentum Oscillator (20): | -0.007154 | |
| Repulse (5,40,3): | -6.9370 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0365 | |
| Courbe Coppock: | 2.37 |
| MA7: | 0.417691 | |
| MA20: | 0.402455 | |
| MA50: | 0.401762 | |
| MA100: | 0.405820 | |
| MAexp7: | 0.438974 | |
| MAexp20: | 0.438525 | |
| MAexp50: | 0.435603 | |
| MAexp100: | 0.430543 | |
| Price / MA7: | +6.08% | |
| Price / MA20: | +10.09% | |
| Price / MA50: | +10.28% | |
| Price / MA100: | +9.18% | |
| Price / MAexp7: | +0.93% | |
| Price / MAexp20: | +1.04% | |
| Price / MAexp50: | +1.71% | |
| Price / MAexp100: | +2.91% |
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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