BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 02/08/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
17%
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
0
10
6.6
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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 0.220877 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
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
S3
S2
S1
R1
R2
R3
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 :
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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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