BASIC ATTENTION TOKEN - BAT/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	BATUSD
ISIN:

BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 01/28/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 0.225693 USD

My targets

0.233793 USD (+1.38%)

0.237065 USD (+2.80%)

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 0.225693 USD. The next resistance located at 0.233793 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 0.237065 USD. After this resistance, buyers could then target 0.254089 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.1

Comment on the analysis

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:

Additional analysis

Quotes

The BASIC ATTENTION TOKEN - BAT/USD rating is 0.230617 USD. The price registered a decrease of -0.05% on the session with the lowest point at 0.229501 USD and the highest point at 0.232761 USD. The deviation from the price is +0.49% for the low point and -0.92% for the high point.

0.229501

0.232761

0.230617

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.219979	0.225693	0.230400	0.230617	0.233793	0.237065	0.254089
Change (%)	-4.61%	-2.14%	-0.09%	-	+1.38%	+2.80%	+10.18%
Change	-0.010638	-0.004924	-0.000217	-	+0.003176	+0.006448	+0.023472
Level	Intermediate	Intermediate	Minor	-	Intermediate	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.210424	0.216225	0.223475	0.229276	0.236526	0.242327	0.249577
Camarilla	0.227137	0.228333	0.229530	0.230726	0.231922	0.233119	0.234315
Woodie	0.211150	0.216587	0.224201	0.229638	0.237252	0.242689	0.250303
Fibonacci	0.216225	0.221210	0.224290	0.229276	0.234261	0.237341	0.242327

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.175684	0.188433	0.209579	0.222328	0.243474	0.256223	0.277369
Camarilla	0.221405	0.224512	0.227619	0.230726	0.233833	0.236940	0.240047
Woodie	0.179884	0.190532	0.213779	0.224427	0.247674	0.258322	0.281569
Fibonacci	0.188433	0.201381	0.209380	0.222328	0.235276	0.243275	0.256223

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.166872	0.191266	0.223623	0.248017	0.280374	0.304768	0.337125
Camarilla	0.240374	0.245576	0.250778	0.255980	0.261182	0.266384	0.271587
Woodie	0.170854	0.193257	0.227605	0.250008	0.284356	0.306759	0.341107
Fibonacci	0.191266	0.212945	0.226338	0.248017	0.269696	0.283089	0.304768

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):	67.38
MACD (12,26,9):	0.0019
Directional Movement:	19.904962
AROON (14):	21.428571
DEMA (21):	0.232684
Parabolic SAR (0,02-0,02-0,2):	0.233893
Elder Ray (13):	0.001360
Super Trend (3,10):	0.228167
Zig ZAG (10):	0.232162
VORTEX (21):	1.3055
Stochastique (14,3,5):	55.70
TEMA (21):	0.232675
Williams %R (14):	-46.65
Chande Momentum Oscillator (20):	0.000715
Repulse (5,40,3):	0.3464
ROCnROLL:	1
TRIX (15,9):	0.1270
Courbe Coppock:	2.34

MA7:	0.221443
MA20:	0.233072
MA50:	0.241046
MA100:	0.230230
MAexp7:	0.231736
MAexp20:	0.229876
MAexp50:	0.226350
MAexp100:	0.223329
Price / MA7:	+4.14%
Price / MA20:	-1.05%
Price / MA50:	-4.33%
Price / MA100:	+0.17%
Price / MAexp7:	-0.48%
Price / MAexp20:	+0.32%
Price / MAexp50:	+1.89%
Price / MAexp100:	+3.26%

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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Londinia AI

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