BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 11/15/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 0.230622 USD
My targets
0.262270 USD (+3.54%)
0.290402 USD (+14.64%)
My analysis
The bullish trend is currently very strong on BASIC ATTENTION TOKEN - BAT/USD. As long as the price remains above the support at 0.230622 USD, you could try to benefit from the boom. The first bullish objective is located at 0.262270 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.290402 USD as an objective. Crossing it would then enable buyers to target 0.318882 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.3
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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 rating is 0.253312 USD. The price registered a decrease of -0.76% on the session and was traded between 0.243140 USD and 0.259929 USD over the period. The price is currently at +4.18% from its lowest and -2.55% from its highest.0.243140
0.259929
0.253312
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:
Technical
A technical analysis in Daily of this BASIC ATTENTION TOKEN - BAT/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed 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.
An assessment of technical indicators shows a slightly bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
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:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Three white soldiers
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.167064 | 0.206982 | 0.230622 | 0.253312 | 0.262270 | 0.290402 | 0.318882 |
| Change (%) | -34.05% | -18.29% | -8.96% | - | +3.54% | +14.64% | +25.89% |
| Change | -0.086248 | -0.046330 | -0.022690 | - | +0.008958 | +0.037090 | +0.065570 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.233489 | 0.240865 | 0.248057 | 0.255433 | 0.262625 | 0.270001 | 0.277193 |
| Camarilla | 0.251242 | 0.252577 | 0.253913 | 0.255248 | 0.256583 | 0.257919 | 0.259254 |
| Woodie | 0.233396 | 0.240819 | 0.247964 | 0.255387 | 0.262532 | 0.269955 | 0.277100 |
| Fibonacci | 0.240865 | 0.246430 | 0.249868 | 0.255433 | 0.260998 | 0.264436 | 0.270001 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.188728 | 0.207106 | 0.227406 | 0.245784 | 0.266084 | 0.284462 | 0.304762 |
| Camarilla | 0.237069 | 0.240614 | 0.244160 | 0.247705 | 0.251251 | 0.254796 | 0.258342 |
| Woodie | 0.189688 | 0.207587 | 0.228366 | 0.246265 | 0.267044 | 0.284943 | 0.305722 |
| Fibonacci | 0.207106 | 0.221881 | 0.231009 | 0.245784 | 0.260559 | 0.269687 | 0.284462 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.057752 | 0.109816 | 0.171039 | 0.223103 | 0.284326 | 0.336390 | 0.397613 |
| Camarilla | 0.201108 | 0.211493 | 0.221877 | 0.232262 | 0.242647 | 0.253031 | 0.263416 |
| Woodie | 0.062332 | 0.112106 | 0.175619 | 0.225393 | 0.288906 | 0.338680 | 0.402193 |
| Fibonacci | 0.109816 | 0.153092 | 0.179827 | 0.223103 | 0.266379 | 0.293114 | 0.336390 |
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): | 58.05 | |
| MACD (12,26,9): | 0.0081 | |
| Directional Movement: | 6.669537 | |
| AROON (14): | 35.714287 | |
| DEMA (21): | 0.254014 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.227025 | |
| Elder Ray (13): | 0.005162 | |
| Super Trend (3,10): | 0.207342 | |
| Zig ZAG (10): | 0.253399 | |
| VORTEX (21): | 1.0412 | |
| Stochastique (14,3,5): | 74.13 | |
| TEMA (21): | 0.252841 | |
| Williams %R (14): | -28.64 | |
| Chande Momentum Oscillator (20): | 0.022423 | |
| Repulse (5,40,3): | 3.2466 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5662 | |
| Courbe Coppock: | 10.34 |
| MA7: | 0.247951 | |
| MA20: | 0.243190 | |
| MA50: | 0.219289 | |
| MA100: | 0.201459 | |
| MAexp7: | 0.249567 | |
| MAexp20: | 0.242408 | |
| MAexp50: | 0.227024 | |
| MAexp100: | 0.223744 | |
| Price / MA7: | +2.16% | |
| Price / MA20: | +4.16% | |
| Price / MA50: | +15.52% | |
| Price / MA100: | +25.74% | |
| Price / MAexp7: | +1.50% | |
| Price / MAexp20: | +4.50% | |
| Price / MAexp50: | +11.58% | |
| Price / MAexp100: | +13.22% |
This member declared not having a position on this financial instrument or a related financial instrument.
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