BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 09/17/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.177522 USD
My targets
0.203012 USD (+9.85%)
0.287140 USD (+55.38%)
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 0.177522 USD. The next resistance located at 0.203012 USD is the next bullish objective 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 0.287140 USD. After this resistance, buyers could then target 0.320020 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.6
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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 0.184800 USD. The price registered an increase of +3.11% on the session and was traded between 0.176558 USD and 0.185700 USD over the period. The price is currently at +4.67% from its lowest and -0.48% from its highest.0.176558
0.185700
0.184800
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by Basic Attention Token - BAT/USD:
Technical
Technical analysis of this 1H chart of Basic Attention Token - BAT/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.171393 | 0.174827 | 0.177522 | 0.184800 | 0.203012 | 0.287140 | 0.320020 |
| Change (%) | -7.25% | -5.40% | -3.94% | - | +9.85% | +55.38% | +73.17% |
| Change | -0.013407 | -0.009973 | -0.007278 | - | +0.018212 | +0.102340 | +0.135220 |
| Level | Major | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.164292 | 0.167856 | 0.173544 | 0.177108 | 0.182796 | 0.186360 | 0.192048 |
| Camarilla | 0.176689 | 0.177537 | 0.178385 | 0.179233 | 0.180081 | 0.180929 | 0.181777 |
| Woodie | 0.165355 | 0.168387 | 0.174607 | 0.177639 | 0.183859 | 0.186891 | 0.193111 |
| Fibonacci | 0.167856 | 0.171390 | 0.173573 | 0.177108 | 0.180642 | 0.182825 | 0.186360 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.152468 | 0.158360 | 0.166372 | 0.172264 | 0.180276 | 0.186168 | 0.194180 |
| Camarilla | 0.170561 | 0.171836 | 0.173111 | 0.174385 | 0.175660 | 0.176934 | 0.178209 |
| Woodie | 0.153529 | 0.158890 | 0.167433 | 0.172794 | 0.181337 | 0.186698 | 0.195241 |
| Fibonacci | 0.158360 | 0.163671 | 0.166952 | 0.172264 | 0.177575 | 0.180856 | 0.186168 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.151559 | 0.140312 | 0.157035 | 0.145788 | 0.162511 | 0.151264 | 0.167987 |
| Camarilla | 0.172251 | 0.172753 | 0.173255 | 0.173757 | 0.174259 | 0.174761 | 0.175263 |
| Woodie | 0.165543 | 0.147305 | 0.171019 | 0.152781 | 0.176495 | 0.158257 | 0.181971 |
| Fibonacci | 0.140312 | 0.142404 | 0.143697 | 0.145788 | 0.147880 | 0.149173 | 0.151264 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 71.23 | |
| MACD (12,26,9): | 0.0020 | |
| Directional Movement: | 20.673847 | |
| AROON (14): | 85.714287 | |
| DEMA (21): | 0.183021 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.181855 | |
| Elder Ray (13): | 0.002905 | |
| Super Trend (3,10): | 0.178461 | |
| Zig ZAG (10): | 0.184300 | |
| VORTEX (21): | 1.1332 | |
| Stochastique (14,3,5): | 86.31 | |
| TEMA (21): | 0.184071 | |
| Williams %R (14): | -12.95 | |
| Chande Momentum Oscillator (20): | 0.006138 | |
| Repulse (5,40,3): | 0.8743 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1187 | |
| Courbe Coppock: | 5.17 |
| MA7: | 0.169540 | |
| MA20: | 0.173461 | |
| MA50: | 0.190388 | |
| MA100: | 0.240094 | |
| MAexp7: | 0.183074 | |
| MAexp20: | 0.180629 | |
| MAexp50: | 0.178120 | |
| MAexp100: | 0.176255 | |
| Price / MA7: | +9.00% | |
| Price / MA20: | +6.54% | |
| Price / MA50: | -2.94% | |
| Price / MA100: | -23.03% | |
| Price / MAexp7: | +0.94% | |
| Price / MAexp20: | +2.31% | |
| Price / MAexp50: | +3.75% | |
| Price / MAexp100: | +4.85% |
This member declared not having a position on this financial instrument or a related financial instrument.
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