BASIC ATTENTION TOKEN - BAT/USD - 1H - Technical analysis published on 02/05/2020 (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 0.246378 USD
My targets
0.262270 USD (+4.19%)
0.282630 USD (+12.28%)
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 0.246378 USD. The next resistance located at 0.262270 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 0.282630 USD. After this resistance, buyers could then target 0.440467 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
8.8
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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 price is 0.251715 USD. The price has increased by +3.82% since the last closing and was between 0.237163 USD and 0.252310 USD. This implies that the price is at +6.14% from its lowest and at -0.24% from its highest.0.237163
0.252310
0.251715
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of BASIC ATTENTION TOKEN - BAT/USD in 1H shows a strongly overall bullish trend. 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
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 2
Type : Neutral
Timeframe : Weekly
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.236856 | 0.240510 | 0.246378 | 0.251715 | 0.252380 | 0.262270 | 0.282630 |
| Change (%) | -5.90% | -4.45% | -2.12% | - | +0.26% | +4.19% | +12.28% |
| Change | -0.014859 | -0.011205 | -0.005337 | - | +0.000665 | +0.010555 | +0.030915 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | Intermediate |
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 | 0.211269 | 0.220832 | 0.231640 | 0.241203 | 0.252011 | 0.261574 | 0.272382 |
| Camarilla | 0.236845 | 0.238712 | 0.240580 | 0.242447 | 0.244314 | 0.246182 | 0.248049 |
| Woodie | 0.211891 | 0.221143 | 0.232262 | 0.241514 | 0.252633 | 0.261885 | 0.273004 |
| Fibonacci | 0.220832 | 0.228614 | 0.233422 | 0.241203 | 0.248985 | 0.253793 | 0.261574 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.173829 | 0.186915 | 0.205447 | 0.218533 | 0.237065 | 0.250151 | 0.268683 |
| Camarilla | 0.215285 | 0.218183 | 0.221082 | 0.223980 | 0.226878 | 0.229777 | 0.232675 |
| Woodie | 0.176553 | 0.188277 | 0.208171 | 0.219895 | 0.239789 | 0.251513 | 0.271407 |
| Fibonacci | 0.186915 | 0.198993 | 0.206455 | 0.218533 | 0.230611 | 0.238073 | 0.250151 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.111007 | 0.145088 | 0.181839 | 0.215920 | 0.252671 | 0.286752 | 0.323503 |
| Camarilla | 0.199112 | 0.205605 | 0.212098 | 0.218591 | 0.225084 | 0.231577 | 0.238070 |
| Woodie | 0.112343 | 0.145756 | 0.183175 | 0.216588 | 0.254007 | 0.287420 | 0.324839 |
| Fibonacci | 0.145088 | 0.172146 | 0.188862 | 0.215920 | 0.242978 | 0.259694 | 0.286752 |
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): | 63.64 | |
| MACD (12,26,9): | 0.0025 | |
| Directional Movement: | 9.335309 | |
| AROON (14): | 57.142859 | |
| DEMA (21): | 0.250737 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.246296 | |
| Elder Ray (13): | 0.002669 | |
| Super Trend (3,10): | 0.241544 | |
| Zig ZAG (10): | 0.251289 | |
| VORTEX (21): | 1.1914 | |
| Stochastique (14,3,5): | 87.52 | |
| TEMA (21): | 0.250814 | |
| Williams %R (14): | -7.51 | |
| Chande Momentum Oscillator (20): | 0.002382 | |
| Repulse (5,40,3): | 1.0010 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1350 | |
| Courbe Coppock: | 4.17 |
| MA7: | 0.230899 | |
| MA20: | 0.221938 | |
| MA50: | 0.198919 | |
| MA100: | 0.208249 | |
| MAexp7: | 0.249717 | |
| MAexp20: | 0.247329 | |
| MAexp50: | 0.242325 | |
| MAexp100: | 0.236337 | |
| Price / MA7: | +9.02% | |
| Price / MA20: | +13.42% | |
| Price / MA50: | +26.54% | |
| Price / MA100: | +20.87% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +1.77% | |
| Price / MAexp50: | +3.87% | |
| Price / MAexp100: | +6.51% |
This member declared not having a position on this financial instrument or a related financial instrument.
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