BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 09/12/2019 (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
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 0.173052 USD
My targets
0.176298 USD (+1.28%)
0.178103 USD (+2.31%)
My analysis
Basic Attention Token - BAT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.173052 USD. The next resistance located at 0.176298 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.178103 USD. After this resistance, buyers could then target 0.179980 USD.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.8
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
Basic Attention Token - BAT/USD rating 0.174075 USD. On the day, this instrument gained +2.74% and was between 0.169077 USD and 0.177529 USD. This implies that the price is at +2.96% from its lowest and at -1.95% from its highest.0.169077
0.177529
0.174075
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
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
A technical analysis in 1H of this Basic Attention Token - BAT/USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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:
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 engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.167389 | 0.169486 | 0.173052 | 0.174075 | 0.176298 | 0.178103 | 0.179980 |
| Change (%) | -3.84% | -2.64% | -0.59% | - | +1.28% | +2.31% | +3.39% |
| Change | -0.006686 | -0.004589 | -0.001023 | - | +0.002223 | +0.004028 | +0.005905 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.158509 | 0.163025 | 0.166233 | 0.170749 | 0.173957 | 0.178473 | 0.181681 |
| Camarilla | 0.167316 | 0.168024 | 0.168732 | 0.169440 | 0.170148 | 0.170856 | 0.171564 |
| Woodie | 0.157854 | 0.162698 | 0.165578 | 0.170422 | 0.173302 | 0.178146 | 0.181026 |
| Fibonacci | 0.163025 | 0.165976 | 0.167799 | 0.170749 | 0.173700 | 0.175523 | 0.178473 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.138777 | 0.151153 | 0.162823 | 0.175199 | 0.186869 | 0.199245 | 0.210915 |
| Camarilla | 0.167879 | 0.170084 | 0.172288 | 0.174492 | 0.176696 | 0.178900 | 0.181105 |
| Woodie | 0.138423 | 0.150977 | 0.162469 | 0.175023 | 0.186515 | 0.199069 | 0.210561 |
| Fibonacci | 0.151153 | 0.160339 | 0.166014 | 0.175199 | 0.184385 | 0.190060 | 0.199245 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.058287 | 0.110115 | 0.143968 | 0.195796 | 0.229649 | 0.281477 | 0.315330 |
| Camarilla | 0.154258 | 0.162112 | 0.169966 | 0.177820 | 0.185674 | 0.193528 | 0.201382 |
| Woodie | 0.049299 | 0.105621 | 0.134980 | 0.191302 | 0.220661 | 0.276983 | 0.306342 |
| Fibonacci | 0.110115 | 0.142846 | 0.163066 | 0.195796 | 0.228527 | 0.248747 | 0.281477 |
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): | 53.19 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 3.904345 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.174244 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.177156 | |
| Elder Ray (13): | -0.000754 | |
| Super Trend (3,10): | 0.167340 | |
| Zig ZAG (10): | 0.172780 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 51.28 | |
| TEMA (21): | 0.174768 | |
| Williams %R (14): | -57.17 | |
| Chande Momentum Oscillator (20): | 0.000624 | |
| Repulse (5,40,3): | -1.0749 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0684 | |
| Courbe Coppock: | 4.51 |
| MA7: | 0.172282 | |
| MA20: | 0.179004 | |
| MA50: | 0.200595 | |
| MA100: | 0.249809 | |
| MAexp7: | 0.173890 | |
| MAexp20: | 0.173296 | |
| MAexp50: | 0.172637 | |
| MAexp100: | 0.172692 | |
| Price / MA7: | +1.04% | |
| Price / MA20: | -2.75% | |
| Price / MA50: | -13.22% | |
| Price / MA100: | -30.32% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.45% | |
| Price / MAexp50: | +0.83% | |
| Price / MAexp100: | +0.80% |
This member declared not having a position on this financial instrument or a related financial instrument.
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