BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 02/01/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
33%
11%
56%
My opinion
Bearish under 0.255882 USD
My targets
0.246475 USD (-2.61%)
0.241367 USD (-4.63%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BASIC ATTENTION TOKEN - BAT/USD. As long as you are under the resistance located at 0.255882 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.246475 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.241367 USD as an objective. Crossing it would then enable sellers to target 0.237648 USD. If the resistance 0.255882 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.5
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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 price is 0.253084 USD. The price is lower by -0.02% since the last closing with the lowest point at 0.249544 USD and the highest point at 0.257900 USD. The deviation from the price is +1.42% for the low point and -1.87% for the high point.0.249544
0.257900
0.253084
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 bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 10 are neutral and 2 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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 | 0.241367 | 0.246475 | 0.252179 | 0.253084 | 0.255882 | 0.263539 | 0.271153 |
| Change (%) | -4.63% | -2.61% | -0.36% | - | +1.11% | +4.13% | +7.14% |
| Change | -0.011717 | -0.006609 | -0.000905 | - | +0.002798 | +0.010455 | +0.018069 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.232940 | 0.238154 | 0.245645 | 0.250859 | 0.258350 | 0.263564 | 0.271055 |
| Camarilla | 0.249643 | 0.250808 | 0.251972 | 0.253137 | 0.254302 | 0.255466 | 0.256631 |
| Woodie | 0.234080 | 0.238723 | 0.246785 | 0.251428 | 0.259490 | 0.264133 | 0.272195 |
| Fibonacci | 0.238154 | 0.243007 | 0.246005 | 0.250859 | 0.255712 | 0.258710 | 0.263564 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.198812 | 0.216963 | 0.238621 | 0.256772 | 0.278430 | 0.296581 | 0.318239 |
| Camarilla | 0.249333 | 0.252982 | 0.256631 | 0.260280 | 0.263929 | 0.267578 | 0.271228 |
| Woodie | 0.200567 | 0.217840 | 0.240376 | 0.257649 | 0.280185 | 0.297458 | 0.319994 |
| Fibonacci | 0.216963 | 0.232170 | 0.241565 | 0.256772 | 0.271979 | 0.281374 | 0.296581 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.075261 | 0.119881 | 0.186509 | 0.231129 | 0.297757 | 0.342377 | 0.409005 |
| Camarilla | 0.222544 | 0.232742 | 0.242939 | 0.253137 | 0.263335 | 0.273533 | 0.283730 |
| Woodie | 0.086265 | 0.125383 | 0.197513 | 0.236631 | 0.308761 | 0.347879 | 0.420009 |
| Fibonacci | 0.119881 | 0.162378 | 0.188632 | 0.231129 | 0.273626 | 0.299880 | 0.342377 |
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): | 48.67 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | -0.092446 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.254357 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.251270 | |
| Elder Ray (13): | -0.000123 | |
| Super Trend (3,10): | 0.260338 | |
| Zig ZAG (10): | 0.255703 | |
| VORTEX (21): | 1.0583 | |
| Stochastique (14,3,5): | 60.48 | |
| TEMA (21): | 0.256229 | |
| Williams %R (14): | -32.04 | |
| Chande Momentum Oscillator (20): | -0.002185 | |
| Repulse (5,40,3): | -2.1638 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0430 | |
| Courbe Coppock: | 2.01 |
| MA7: | 0.258844 | |
| MA20: | 0.245104 | |
| MA50: | 0.209361 | |
| MA100: | 0.230350 | |
| MAexp7: | 0.254173 | |
| MAexp20: | 0.253335 | |
| MAexp50: | 0.254173 | |
| MAexp100: | 0.256309 | |
| Price / MA7: | -2.23% | |
| Price / MA20: | +3.26% | |
| Price / MA50: | +20.88% | |
| Price / MA100: | +9.87% | |
| Price / MAexp7: | -0.43% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.43% | |
| Price / MAexp100: | -1.26% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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