BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 05/07/2024 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.247383 USD
My targets
0.240796 USD (-0.85%)
0.237341 USD (-2.27%)
My analysis
The bearish trend is currently very strong for BASIC ATTENTION TOKEN - BAT/USD. As long as the price remains below the resistance at 0.247383 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.240796 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.237341 USD as an objective. Crossing it would then enable sellers to target 0.233778 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
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
BASIC ATTENTION TOKEN - BAT/USD rating 0.242864 USD. The price is lower by -0.02% since the last closing with the lowest point at 0.240585 USD and the highest point at 0.246292 USD. The deviation from the price is +0.95% for the low point and -1.39% for the high point.0.240585
0.246292
0.242864
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.233778 | 0.237341 | 0.240796 | 0.242864 | 0.243950 | 0.247383 | 0.253117 |
| Change (%) | -3.74% | -2.27% | -0.85% | - | +0.45% | +1.86% | +4.22% |
| Change | -0.009086 | -0.005523 | -0.002068 | - | +0.001086 | +0.004519 | +0.010253 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.225198 | 0.233869 | 0.238387 | 0.247058 | 0.251576 | 0.260247 | 0.264765 |
| Camarilla | 0.239277 | 0.240486 | 0.241695 | 0.242904 | 0.244113 | 0.245322 | 0.246531 |
| Woodie | 0.223121 | 0.232831 | 0.236310 | 0.246020 | 0.249499 | 0.259209 | 0.262688 |
| Fibonacci | 0.233869 | 0.238908 | 0.242020 | 0.247058 | 0.252097 | 0.255209 | 0.260247 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.186228 | 0.204514 | 0.226373 | 0.244659 | 0.266518 | 0.284804 | 0.306663 |
| Camarilla | 0.237193 | 0.240873 | 0.244553 | 0.248233 | 0.251913 | 0.255593 | 0.259273 |
| Woodie | 0.188016 | 0.205407 | 0.228161 | 0.245552 | 0.268306 | 0.285697 | 0.308451 |
| Fibonacci | 0.204514 | 0.219849 | 0.229323 | 0.244659 | 0.259994 | 0.269468 | 0.284804 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.045093 | 0.129540 | 0.184135 | 0.268582 | 0.323177 | 0.407624 | 0.462219 |
| Camarilla | 0.200493 | 0.213238 | 0.225984 | 0.238729 | 0.251475 | 0.264220 | 0.276966 |
| Woodie | 0.030166 | 0.122077 | 0.169208 | 0.261119 | 0.308250 | 0.400161 | 0.447292 |
| Fibonacci | 0.129540 | 0.182654 | 0.215468 | 0.268582 | 0.321696 | 0.354510 | 0.407624 |
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): | 41.43 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | -17.941489 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.243783 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.246862 | |
| Elder Ray (13): | -0.002007 | |
| Super Trend (3,10): | 0.250023 | |
| Zig ZAG (10): | 0.243049 | |
| VORTEX (21): | 0.8587 | |
| Stochastique (14,3,5): | 28.38 | |
| TEMA (21): | 0.242937 | |
| Williams %R (14): | -70.51 | |
| Chande Momentum Oscillator (20): | -0.002865 | |
| Repulse (5,40,3): | -0.1876 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0743 | |
| Courbe Coppock: | 3.41 |
| MA7: | 0.244549 | |
| MA20: | 0.252849 | |
| MA50: | 0.281269 | |
| MA100: | 0.278043 | |
| MAexp7: | 0.243954 | |
| MAexp20: | 0.245663 | |
| MAexp50: | 0.247085 | |
| MAexp100: | 0.246963 | |
| Price / MA7: | -0.69% | |
| Price / MA20: | -3.95% | |
| Price / MA50: | -13.65% | |
| Price / MA100: | -12.65% | |
| Price / MAexp7: | -0.45% | |
| Price / MAexp20: | -1.14% | |
| Price / MAexp50: | -1.71% | |
| Price / MAexp100: | -1.66% |
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.
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