BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 03/06/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 0.230661 USD
My targets
0.262270 USD (+9.29%)
0.282495 USD (+17.72%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BASIC ATTENTION TOKEN - BAT/USD. As long as you are above the support located at 0.230661 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.262270 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.282495 USD as an objective. Crossing it would then enable buyers to target 0.311850 USD. If the support 0.230661 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.9
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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 0.239978 USD. On the day, this instrument gained +2.65% and was traded between 0.226136 USD and 0.248242 USD over the period. The price is currently at +6.12% from its lowest and -3.33% from its highest.0.226136
0.248242
0.239978
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this BASIC ATTENTION TOKEN - BAT/USD chart shows a bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.181634 | 0.203506 | 0.230661 | 0.239978 | 0.262270 | 0.282495 | 0.311850 |
| Change (%) | -24.31% | -15.20% | -3.88% | - | +9.29% | +17.72% | +29.95% |
| Change | -0.058344 | -0.036472 | -0.009317 | - | +0.022292 | +0.042517 | +0.071872 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | 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 | 0.206097 | 0.216333 | 0.225062 | 0.235298 | 0.244027 | 0.254263 | 0.262992 |
| Camarilla | 0.228575 | 0.230313 | 0.232052 | 0.233790 | 0.235529 | 0.237267 | 0.239005 |
| Woodie | 0.205343 | 0.215956 | 0.224308 | 0.234921 | 0.243273 | 0.253886 | 0.262238 |
| Fibonacci | 0.216333 | 0.223578 | 0.228054 | 0.235298 | 0.242543 | 0.247019 | 0.254263 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.099631 | 0.151555 | 0.181653 | 0.233577 | 0.263675 | 0.315599 | 0.345697 |
| Camarilla | 0.189196 | 0.196715 | 0.204233 | 0.211752 | 0.219271 | 0.226789 | 0.234308 |
| Woodie | 0.088719 | 0.146099 | 0.170741 | 0.228121 | 0.252763 | 0.310143 | 0.334785 |
| Fibonacci | 0.151555 | 0.182887 | 0.202244 | 0.233577 | 0.264909 | 0.284266 | 0.315599 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050007 | 0.126743 | 0.169247 | 0.245983 | 0.288487 | 0.365223 | 0.407727 |
| Camarilla | 0.178961 | 0.189891 | 0.200822 | 0.211752 | 0.222682 | 0.233613 | 0.244543 |
| Woodie | 0.032892 | 0.118185 | 0.152132 | 0.237425 | 0.271372 | 0.356665 | 0.390612 |
| Fibonacci | 0.126743 | 0.172292 | 0.200433 | 0.245983 | 0.291532 | 0.319673 | 0.365223 |
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): | 49.76 | |
| MACD (12,26,9): | -0.0064 | |
| Directional Movement: | -0.597793 | |
| AROON (14): | -21.428573 | |
| DEMA (21): | 0.232111 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.203478 | |
| Elder Ray (13): | 0.002608 | |
| Super Trend (3,10): | 0.280267 | |
| Zig ZAG (10): | 0.239316 | |
| VORTEX (21): | 0.8703 | |
| Stochastique (14,3,5): | 38.42 | |
| TEMA (21): | 0.221112 | |
| Williams %R (14): | -56.18 | |
| Chande Momentum Oscillator (20): | -0.036434 | |
| Repulse (5,40,3): | 4.3276 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2963 | |
| Courbe Coppock: | 30.62 |
| MA7: | 0.225426 | |
| MA20: | 0.243451 | |
| MA50: | 0.242203 | |
| MA100: | 0.213517 | |
| MAexp7: | 0.231311 | |
| MAexp20: | 0.238787 | |
| MAexp50: | 0.236885 | |
| MAexp100: | 0.227565 | |
| Price / MA7: | +6.46% | |
| Price / MA20: | -1.43% | |
| Price / MA50: | -0.92% | |
| Price / MA100: | +12.39% | |
| Price / MAexp7: | +3.75% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | +1.31% | |
| Price / MAexp100: | +5.45% |
This member declared not having a position on this financial instrument or a related financial instrument.
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