BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 01/14/2020 (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:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.202992 USD
My targets
0.213681 USD (+2.53%)
0.230590 USD (+10.64%)
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 0.202992 USD. The next resistance located at 0.213681 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 0.230590 USD. After this resistance, buyers could then target 0.284566 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.8
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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 0.208414 USD. The price has increased by +10.45% since the last closing and was traded between 0.186435 USD and 0.208869 USD over the period. The price is currently at +11.79% from its lowest and -0.22% from its highest.0.186435
0.208869
0.208414
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
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 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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
Previous candle closed over Bollinger bands
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 : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.194308 | 0.197594 | 0.202992 | 0.208414 | 0.230590 | 0.284566 | 0.332053 |
| Change (%) | -6.77% | -5.19% | -2.60% | - | +10.64% | +36.54% | +59.32% |
| Change | -0.014106 | -0.010820 | -0.005422 | - | +0.022176 | +0.076152 | +0.123639 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | 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 | 0.182617 | 0.184559 | 0.186625 | 0.188567 | 0.190633 | 0.192575 | 0.194641 |
| Camarilla | 0.187588 | 0.187955 | 0.188323 | 0.188690 | 0.189057 | 0.189425 | 0.189792 |
| Woodie | 0.182678 | 0.184590 | 0.186686 | 0.188598 | 0.190694 | 0.192606 | 0.194702 |
| Fibonacci | 0.184559 | 0.186090 | 0.187036 | 0.188567 | 0.190098 | 0.191044 | 0.192575 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.163143 | 0.171945 | 0.179989 | 0.188791 | 0.196835 | 0.205637 | 0.213681 |
| Camarilla | 0.183399 | 0.184944 | 0.186488 | 0.188032 | 0.189576 | 0.191120 | 0.192665 |
| Woodie | 0.162763 | 0.171756 | 0.179609 | 0.188602 | 0.196455 | 0.205448 | 0.213301 |
| Fibonacci | 0.171945 | 0.178381 | 0.182356 | 0.188791 | 0.195227 | 0.199202 | 0.205637 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.091287 | 0.118693 | 0.149867 | 0.177273 | 0.208447 | 0.235853 | 0.267027 |
| Camarilla | 0.164931 | 0.170300 | 0.175670 | 0.181040 | 0.186410 | 0.191780 | 0.197150 |
| Woodie | 0.093170 | 0.119635 | 0.151750 | 0.178215 | 0.210330 | 0.236795 | 0.268910 |
| Fibonacci | 0.118693 | 0.141071 | 0.154896 | 0.177273 | 0.199651 | 0.213476 | 0.235853 |
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): | 78.38 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 33.823460 | |
| AROON (14): | 85.714287 | |
| DEMA (21): | 0.197575 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.194717 | |
| Elder Ray (13): | 0.006843 | |
| Super Trend (3,10): | 0.192952 | |
| Zig ZAG (10): | 0.203730 | |
| VORTEX (21): | 1.2617 | |
| Stochastique (14,3,5): | 75.77 | |
| TEMA (21): | 0.201656 | |
| Williams %R (14): | -18.84 | |
| Chande Momentum Oscillator (20): | 0.012002 | |
| Repulse (5,40,3): | 2.5871 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1538 | |
| Courbe Coppock: | 9.51 |
| MA7: | 0.189147 | |
| MA20: | 0.186346 | |
| MA50: | 0.183987 | |
| MA100: | 0.207682 | |
| MAexp7: | 0.200164 | |
| MAexp20: | 0.194227 | |
| MAexp50: | 0.191480 | |
| MAexp100: | 0.190131 | |
| Price / MA7: | +10.19% | |
| Price / MA20: | +11.84% | |
| Price / MA50: | +13.28% | |
| Price / MA100: | +0.35% | |
| Price / MAexp7: | +4.22% | |
| Price / MAexp20: | +7.41% | |
| Price / MAexp50: | +8.95% | |
| Price / MAexp100: | +9.72% |
This member declared not having a position on this financial instrument or a related financial instrument.
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