BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 07/23/2024 (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:
Bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 0.197512 USD
My targets
0.192211 USD (-0.84%)
0.189224 USD (-2.38%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BASIC ATTENTION TOKEN - BAT/USD as long as the price remains well below 0.197512 USD. The sellers' bearish objective is set at 0.192211 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.189224 USD. In case of crossing, the next objective would be the support located at 0.185929 USD.
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
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.
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Additional analysis
Quotes
The BASIC ATTENTION TOKEN - BAT/USD rating is 0.193840 USD. On the day, this instrument lost -0.18% with the lowest point at 0.192503 USD and the highest point at 0.197713 USD. The deviation from the price is +0.69% for the low point and -1.96% for the high point.0.192503
0.197713
0.193840
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BASIC ATTENTION TOKEN - BAT/USD chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. 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, 15 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Dragon-fly doji
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.185929 | 0.189224 | 0.192211 | 0.193840 | 0.194991 | 0.197512 | 0.203807 |
| Change (%) | -4.08% | -2.38% | -0.84% | - | +0.59% | +1.89% | +5.14% |
| Change | -0.007911 | -0.004616 | -0.001629 | - | +0.001151 | +0.003672 | +0.009967 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Major | Minor |
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 | 0.178217 | 0.186203 | 0.190195 | 0.198181 | 0.202173 | 0.210159 | 0.214151 |
| Camarilla | 0.190894 | 0.191992 | 0.193090 | 0.194188 | 0.195286 | 0.196384 | 0.197482 |
| Woodie | 0.176221 | 0.185205 | 0.188199 | 0.197183 | 0.200177 | 0.209161 | 0.212155 |
| Fibonacci | 0.186203 | 0.190778 | 0.193605 | 0.198181 | 0.202756 | 0.205583 | 0.210159 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.166959 | 0.175284 | 0.187157 | 0.195482 | 0.207355 | 0.215680 | 0.227553 |
| Camarilla | 0.193476 | 0.195327 | 0.197179 | 0.199030 | 0.200882 | 0.202733 | 0.204585 |
| Woodie | 0.168733 | 0.176171 | 0.188931 | 0.196369 | 0.209129 | 0.216567 | 0.229327 |
| Fibonacci | 0.175284 | 0.183000 | 0.187766 | 0.195482 | 0.203198 | 0.207964 | 0.215680 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.086027 | 0.130793 | 0.163619 | 0.208385 | 0.241211 | 0.285977 | 0.318803 |
| Camarilla | 0.175106 | 0.182219 | 0.189331 | 0.196444 | 0.203557 | 0.210669 | 0.217782 |
| Woodie | 0.080056 | 0.127808 | 0.157648 | 0.205400 | 0.235240 | 0.282992 | 0.312832 |
| Fibonacci | 0.130793 | 0.160434 | 0.178745 | 0.208385 | 0.238026 | 0.256337 | 0.285977 |
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): | 32.49 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | -13.183821 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.194620 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.197613 | |
| Elder Ray (13): | -0.002529 | |
| Super Trend (3,10): | 0.198261 | |
| Zig ZAG (10): | 0.193309 | |
| VORTEX (21): | 0.8657 | |
| Stochastique (14,3,5): | 11.35 | |
| TEMA (21): | 0.194072 | |
| Williams %R (14): | -87.29 | |
| Chande Momentum Oscillator (20): | -0.004835 | |
| Repulse (5,40,3): | -1.1655 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0876 | |
| Courbe Coppock: | 2.60 |
| MA7: | 0.197043 | |
| MA20: | 0.185830 | |
| MA50: | 0.197183 | |
| MA100: | 0.221791 | |
| MAexp7: | 0.194971 | |
| MAexp20: | 0.196253 | |
| MAexp50: | 0.197865 | |
| MAexp100: | 0.197833 | |
| Price / MA7: | -1.63% | |
| Price / MA20: | +4.31% | |
| Price / MA50: | -1.70% | |
| Price / MA100: | -12.60% | |
| Price / MAexp7: | -0.58% | |
| Price / MAexp20: | -1.23% | |
| Price / MAexp50: | -2.03% | |
| Price / MAexp100: | -2.02% |
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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