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
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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 0.237900 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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
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:
Bullish harami cross
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 0.210760 | 0.222695 | 0.230397 | 0.242332 | 0.250034 | 0.261969 | 0.269671 |
Camarilla | 0.232700 | 0.234500 | 0.236300 | 0.238100 | 0.239900 | 0.241700 | 0.243500 |
Woodie | 0.208645 | 0.221637 | 0.228282 | 0.241274 | 0.247919 | 0.260911 | 0.267556 |
Fibonacci | 0.222695 | 0.230196 | 0.234830 | 0.242332 | 0.249833 | 0.254467 | 0.261969 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.152162 | 0.178368 | 0.212520 | 0.238726 | 0.272878 | 0.299084 | 0.333236 |
Camarilla | 0.230073 | 0.235605 | 0.241138 | 0.246671 | 0.252204 | 0.257737 | 0.263270 |
Woodie | 0.156134 | 0.180355 | 0.216492 | 0.240713 | 0.276850 | 0.301071 | 0.337208 |
Fibonacci | 0.178368 | 0.201425 | 0.215670 | 0.238726 | 0.261783 | 0.276028 | 0.299084 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.177199 | 0.217868 | 0.254372 | 0.295041 | 0.331545 | 0.372214 | 0.408718 |
Camarilla | 0.269654 | 0.276729 | 0.283803 | 0.290877 | 0.297951 | 0.305025 | 0.312100 |
Woodie | 0.175118 | 0.216827 | 0.252291 | 0.294000 | 0.329464 | 0.371173 | 0.406637 |
Fibonacci | 0.217868 | 0.247348 | 0.265561 | 0.295041 | 0.324521 | 0.342734 | 0.372214 |
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
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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