BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 06/17/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 0.339803 USD
My targets
0.377374 USD (+8.72%)
0.408472 USD (+17.68%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on Basic Attention Token - BAT/USD as long as the price remains well above 0.339803 USD. The buyers” bullish objective is set at 0.377374 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.408472 USD. If there is any crossing, the next objective would be the resistance located at 0.440467 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Basic Attention Token - BAT/USD price is 0.347102 USD. On the day, this instrument gained +3.50% and was between 0.335080 USD and 0.369000 USD. This implies that the price is at +3.59% from its lowest and at -5.93% from its highest.0.335080
0.369000
0.347102
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:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of Basic Attention Token - BAT/USD indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
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 | 0.206747 | 0.289004 | 0.339803 | 0.347102 | 0.377374 | 0.408472 | 0.440467 |
| Change (%) | -40.44% | -16.74% | -2.10% | - | +8.72% | +17.68% | +26.90% |
| Change | -0.140355 | -0.058098 | -0.007299 | - | +0.030272 | +0.061370 | +0.093365 |
| Level | Minor | Major | Major | - | Minor | Minor | Intermediate |
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 | 0.305592 | 0.312750 | 0.324054 | 0.331212 | 0.342516 | 0.349674 | 0.360978 |
| Camarilla | 0.330282 | 0.331974 | 0.333667 | 0.335359 | 0.337051 | 0.338744 | 0.340436 |
| Woodie | 0.307666 | 0.313787 | 0.326128 | 0.332249 | 0.344590 | 0.350711 | 0.363052 |
| Fibonacci | 0.312750 | 0.319802 | 0.324159 | 0.331212 | 0.338264 | 0.342621 | 0.349674 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.275232 | 0.292515 | 0.311454 | 0.328737 | 0.347676 | 0.364959 | 0.383898 |
| Camarilla | 0.320433 | 0.323753 | 0.327074 | 0.330394 | 0.333714 | 0.337035 | 0.340355 |
| Woodie | 0.276061 | 0.292929 | 0.312283 | 0.329151 | 0.348505 | 0.365373 | 0.384727 |
| Fibonacci | 0.292515 | 0.306351 | 0.314900 | 0.328737 | 0.342573 | 0.351122 | 0.364959 |
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): | 54.32 | |
| MACD (12,26,9): | -0.0047 | |
| Directional Movement: | 3.048265 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.331058 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.309404 | |
| Elder Ray (13): | 0.016658 | |
| Super Trend (3,10): | 0.277622 | |
| Zig ZAG (10): | 0.348923 | |
| VORTEX (21): | 0.9638 | |
| Stochastique (14,3,5): | 45.29 | |
| TEMA (21): | 0.326916 | |
| Williams %R (14): | -37.80 | |
| Chande Momentum Oscillator (20): | 0.019304 | |
| Repulse (5,40,3): | 2.9764 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.3005 | |
| Courbe Coppock: | 7.71 |
| MA7: | 0.331023 | |
| MA20: | 0.336770 | |
| MA50: | 0.350334 | |
| MA100: | 0.316042 | |
| MAexp7: | 0.334371 | |
| MAexp20: | 0.337777 | |
| MAexp50: | 0.338100 | |
| MAexp100: | 0.309950 | |
| Price / MA7: | +4.86% | |
| Price / MA20: | +3.07% | |
| Price / MA50: | -0.92% | |
| Price / MA100: | +9.83% | |
| Price / MAexp7: | +3.72% | |
| Price / MAexp20: | +2.68% | |
| Price / MAexp50: | +2.58% | |
| Price / MAexp100: | +11.90% |
This member declared not having a position on this financial instrument or a related financial instrument.
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