BASIC ATTENTION TOKEN - BAT/USD
BASIC ATTENTION TOKEN - BAT/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: BATUSD
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BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 03/25/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 0.248251 USD
My targets
0.231464 USD (-2.71%)
0.209207 USD (-12.06%)
My analysis
In the short term, we can see an acceleration in the bearish trend on BASIC ATTENTION TOKEN - BAT/USD, which is a positive signal for sellers. As long as the price remains above 0.248251 USD, a sale could be considered. The first bearish objective is located at 0.231464 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.209207 USD as an objective. Crossing it would then enable sellers to target 0.170524 USD. If the price were to return above 0.248251 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The BASIC ATTENTION TOKEN - BAT/USD price is 0.237900 USD. The price registered a decrease of -0.08% on the session and was between 0.236863 USD and 0.242483 USD. This implies that the price is at +0.44% from its lowest and at -1.89% from its highest.

0.236863
0.242483
0.237900

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this Daily chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami cross

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.170524 0.209207 0.231464 0.237900 0.248251 0.289362 0.309336
Change (%) -28.32% -12.06% -2.71% - +4.35% +21.63% +30.03%
Change -0.067376 -0.028693 -0.006436 - +0.010351 +0.051462 +0.071436
Level Major Major Major - 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
Standard0.2107600.2226950.2303970.2423320.2500340.2619690.269671
Camarilla0.2327000.2345000.2363000.2381000.2399000.2417000.243500
Woodie0.2086450.2216370.2282820.2412740.2479190.2609110.267556
Fibonacci0.2226950.2301960.2348300.2423320.2498330.2544670.261969


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1521620.1783680.2125200.2387260.2728780.2990840.333236
Camarilla0.2300730.2356050.2411380.2466710.2522040.2577370.263270
Woodie0.1561340.1803550.2164920.2407130.2768500.3010710.337208
Fibonacci0.1783680.2014250.2156700.2387260.2617830.2760280.299084


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1771990.2178680.2543720.2950410.3315450.3722140.408718
Camarilla0.2696540.2767290.2838030.2908770.2979510.3050250.312100
Woodie0.1751180.2168270.2522910.2940000.3294640.3711730.406637
Fibonacci0.2178680.2473480.2655610.2950410.3245210.3427340.372214

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): 45.57
MACD (12,26,9): -0.0072
Directional Movement: 1.842166
AROON (14): 21.428571
DEMA (21): 0.238060
Parabolic SAR (0,02-0,02-0,2): 0.225513
Elder Ray (13): -0.005013
Super Trend (3,10): 0.290229
Zig ZAG (10): 0.240172
VORTEX (21): 0.9677
Stochastique (14,3,5): 64.69
TEMA (21): 0.235530
Williams %R (14): -42.36
Chande Momentum Oscillator (20): -0.009562
Repulse (5,40,3): -3.8201
ROCnROLL: 2
TRIX (15,9): -0.5527
Courbe Coppock: 7.82
MA7: 0.245327
MA20: 0.241138
MA50: 0.272267
MA100: 0.242026
MAexp7: 0.242854
MAexp20: 0.248423
MAexp50: 0.256381
MAexp100: 0.257460
Price / MA7: -3.03%
Price / MA20: -1.34%
Price / MA50: -12.62%
Price / MA100: -1.70%
Price / MAexp7: -1.57%
Price / MAexp20: -3.78%
Price / MAexp50: -6.77%
Price / MAexp100: -7.16%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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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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