BASIC ATTENTION TOKEN - BAT/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	BATUSD
ISIN:

BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 02/08/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 0.218122 USD

My targets

0.222606 USD (+0.78%)

0.226616 USD (+2.60%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well above 0.218122 USD. The buyers' bullish objective is set at 0.222606 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.226616 USD. If there is any crossing, the next objective would be the resistance located at 0.241592 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.6

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 price is 0.220877 USD. The price registered a decrease of -0.05% on the session and was between 0.218906 USD and 0.224200 USD. This implies that the price is at +0.90% from its lowest and at -1.48% from its highest.

0.218906

0.224200

0.220877

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

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

Technical

Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows a strongly overall bullish trend. 85.71% 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 market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.214660	0.218122	0.220089	0.220877	0.222606	0.226616	0.241592
Change (%)	-2.81%	-1.25%	-0.36%	-	+0.78%	+2.60%	+9.38%
Change	-0.006217	-0.002755	-0.000788	-	+0.001729	+0.005739	+0.020715
Level	Minor	Major	Major	-	Intermediate	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.203926	0.207668	0.214332	0.218074	0.224738	0.228480	0.235144
Camarilla	0.218134	0.219088	0.220042	0.220996	0.221950	0.222904	0.223858
Woodie	0.205387	0.208399	0.215793	0.218805	0.226199	0.229211	0.236605
Fibonacci	0.207668	0.211643	0.214099	0.218074	0.222049	0.224505	0.228480

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.192415	0.203537	0.210516	0.221638	0.228617	0.239739	0.246718
Camarilla	0.212516	0.214176	0.215835	0.217494	0.219153	0.220813	0.222472
Woodie	0.190343	0.202501	0.208444	0.220602	0.226545	0.238703	0.244646
Fibonacci	0.203537	0.210452	0.214724	0.221638	0.228553	0.232825	0.239739

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.087465	0.144323	0.181177	0.238035	0.274889	0.331747	0.368601
Camarilla	0.192260	0.200851	0.209441	0.218031	0.226621	0.235212	0.243802
Woodie	0.077463	0.139322	0.171175	0.233034	0.264887	0.326746	0.358599
Fibonacci	0.144323	0.180121	0.202237	0.238035	0.273833	0.295949	0.331747

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):	66.02
MACD (12,26,9):	0.0012
Directional Movement:	21.067405
AROON (14):	64.285714
DEMA (21):	0.222292
Parabolic SAR (0,02-0,02-0,2):	0.219826
Elder Ray (13):	0.001625
Super Trend (3,10):	0.218964
Zig ZAG (10):	0.222414
VORTEX (21):	1.1243
Stochastique (14,3,5):	76.42
TEMA (21):	0.222601
Williams %R (14):	-32.94
Chande Momentum Oscillator (20):	0.001777
Repulse (5,40,3):	-0.0169
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	0.83

MA7:	0.218426
MA20:	0.221211
MA50:	0.236837
MA100:	0.232336
MAexp7:	0.221960
MAexp20:	0.220701
MAexp50:	0.218860
MAexp100:	0.218095
Price / MA7:	+1.12%
Price / MA20:	-0.15%
Price / MA50:	-6.74%
Price / MA100:	-4.93%
Price / MAexp7:	-0.49%
Price / MAexp20:	+0.08%
Price / MAexp50:	+0.92%
Price / MAexp100:	+1.28%

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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