BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 06/08/2024 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 0.233846 USD
My targets
0.222169 USD (-1.20%)
0.214467 USD (-4.63%)
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 0.233846 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.222169 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.214467 USD as an objective. Crossing it would then enable sellers to target 0.163512 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
8.4
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This analysis was given by euletthomas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD price is 0.224875 USD. The price is lower by -1.86% since the last closing and was between 0.223748 USD and 0.231306 USD. This implies that the price is at +0.50% from its lowest and at -2.78% from its highest.0.223748
0.231306
0.224875
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BASIC ATTENTION TOKEN - BAT/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is strongly bearish. 92.86% 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.163512 | 0.214467 | 0.222169 | 0.224875 | 0.237508 | 0.244576 | 0.248975 |
| Change (%) | -27.29% | -4.63% | -1.20% | - | +5.62% | +8.76% | +10.72% |
| Change | -0.061363 | -0.010408 | -0.002706 | - | +0.012633 | +0.019701 | +0.024100 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 0.172663 | 0.193565 | 0.211348 | 0.232250 | 0.250033 | 0.270935 | 0.288718 |
| Camarilla | 0.218493 | 0.222039 | 0.225585 | 0.229131 | 0.232677 | 0.236223 | 0.239769 |
| Woodie | 0.171104 | 0.192785 | 0.209789 | 0.231470 | 0.248474 | 0.270155 | 0.287159 |
| Fibonacci | 0.193565 | 0.208343 | 0.217472 | 0.232250 | 0.247028 | 0.256157 | 0.270935 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.216126 | 0.225975 | 0.233846 | 0.243695 | 0.251566 | 0.261415 | 0.269286 |
| Camarilla | 0.236843 | 0.238467 | 0.240092 | 0.241716 | 0.243340 | 0.244965 | 0.246589 |
| Woodie | 0.215136 | 0.225481 | 0.232856 | 0.243201 | 0.250576 | 0.260921 | 0.268296 |
| Fibonacci | 0.225975 | 0.232744 | 0.236926 | 0.243695 | 0.250464 | 0.254646 | 0.261415 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.182046 | 0.200825 | 0.222027 | 0.240806 | 0.262008 | 0.280787 | 0.301989 |
| Camarilla | 0.232235 | 0.235900 | 0.239565 | 0.243230 | 0.246895 | 0.250560 | 0.254225 |
| Woodie | 0.183259 | 0.201431 | 0.223240 | 0.241412 | 0.263221 | 0.281393 | 0.303202 |
| Fibonacci | 0.200825 | 0.216097 | 0.225533 | 0.240806 | 0.256078 | 0.265514 | 0.280787 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 21.86 | |
| MACD (12,26,9): | -0.0046 | |
| Directional Movement: | -43.117550 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.225830 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.229009 | |
| Elder Ray (13): | -0.004709 | |
| Super Trend (3,10): | 0.231611 | |
| Zig ZAG (10): | 0.224778 | |
| VORTEX (21): | 0.6316 | |
| Stochastique (14,3,5): | 5.94 | |
| TEMA (21): | 0.223896 | |
| Williams %R (14): | -92.98 | |
| Chande Momentum Oscillator (20): | -0.004357 | |
| Repulse (5,40,3): | -1.3216 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2745 | |
| Courbe Coppock: | 6.60 |
| MA7: | 0.239673 | |
| MA20: | 0.244493 | |
| MA50: | 0.245841 | |
| MA100: | 0.278391 | |
| MAexp7: | 0.227227 | |
| MAexp20: | 0.231796 | |
| MAexp50: | 0.237822 | |
| MAexp100: | 0.240881 | |
| Price / MA7: | -6.17% | |
| Price / MA20: | -8.02% | |
| Price / MA50: | -8.53% | |
| Price / MA100: | -19.22% | |
| Price / MAexp7: | -1.04% | |
| Price / MAexp20: | -2.99% | |
| Price / MAexp50: | -5.44% | |
| Price / MAexp100: | -6.64% |
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.
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