create account


advanced mode

Basic-attention-token Technical Analysis - 2nd September by entact

View this thread on steemit.com
View on official site
· @entact ·
Basic-attention-token Technical Analysis - 2nd September
<html>
<p><img src="https://www.dropbox.com/s/ca6zuuxaklx41cl/Basic_attention.PNG?dl=1"/></p>
<h1>Daily Technical Analysis Summary for Basic-attention-token &#8212; 2nd September 2018&nbsp;</h1>
<p>Welcome to the Technical Analysis Summary for Basic-attention-token &#8212; 2nd September 2018. &nbsp;&nbsp;</p>
<p>This report investigates 4 popular technical analysis indicators:&nbsp;</p>
<ul>
  <li>Moving Average Convergence Divergence&nbsp;</li>
  <li>Relative Strength Index</li>
  <li>Aroon Indicator</li>
  <li>On-Balance Volume</li>
</ul>
<p>&nbsp;The above indicators are used in technical analysis as tools for forecasting the direction of prices through the study of past market data, primarily price and volume.<br>
<br>
They are based on the idea that the market for buying and selling digital currencies is not efficient and historic prices can be used to predict future price movements, and using these tools can be advantageous to investors and traders. &nbsp;</p>
<h2>Moving Average Convergence Divergence (MACD)&nbsp;</h2>
<p>The graph below shows the MACD applied to the price of Basic-attention-token using daily price data for the last 40 days. &nbsp;&nbsp;</p>
<p><img src="https://www.dropbox.com/s/9o0ua188r0ihxfq/MACD20180902_1535902211.PNG?dl=1"/></p>
<p>&nbsp;As shown in the chart above, the MACD is currently above the signal line, implying a bullish signal, indicating that it may be an optimal time to buy. &nbsp;</p>
<p>According to the MACD, a bullish signal suggests that the price of the asset is likely to experience upward momentum. &nbsp;&nbsp;</p>
<h2>Relative Strength Index (RSI)</h2>
<p>The graph below shows the RSI applied to the price of Steem based on daily price data for the last 40 days. &nbsp;&nbsp;</p>
<p><img src="https://www.dropbox.com/s/ka19itrzgn2gpa6/RSI20180902_1535902211.PNG?dl=1"/></p>
<p>Since the RSI is currently between 30 and 70, this would indicate that Basic-attention-token is neither overbought or oversold and that no material price change is expected. &nbsp;</p>
<h2>Aroon Indicator</h2>
<p>The graph below shows the Aroon Indicator using the price of Basic-attention-token over the last 40 days. &nbsp;&nbsp;</p>
<p>The Aroon indicators move above and below the centerline (50) and are bound between 0 and 100. These three levels can be explained as follows: When the Aroon-Up is above 50 and the Aroon-Down is below 50, the bulls have an edge. This indicates a greater propensity for new x-day highs than lows. The opposite is true for a downtrend. The bears have an edge when Aroon-Up is below 50 and Aroon-Down is above 50. &nbsp;&nbsp;</p>
<p>In the graph below, the Aroon-Up is below 50 and the Aroon-Down is above 50 indicating neither a bullish or bearish signal.</p>
<p><img src="https://www.dropbox.com/s/ek4od3v7solrzgt/AROON20180902_1535902211.PNG?dl=1"/></p>
<h2>On-Balance Volume (OBV)&nbsp;</h2>
<p>The graph below shows the OBV applied to the price of Basic-attention-token using daily price data for the last 40 days. &nbsp;&nbsp;</p>
<p><img src="https://www.dropbox.com/s/v3vn3x8q2lqgnrh/OBV20180902_1535902211.PNG?dl=1" width="564" height="564"/></p>
<p><strong>Please note that the above indicators can give false trade signals and use of such tools should be treated with caution. Blindly using technical pricing indicators without a general knowledge of fundamentals or an understanding of the currency being analysed is not advisable.</strong></p>
<p>Thank you for reading</p>
<p>&nbsp;<em>Source of data: www.coinmarketcap.com</em>&nbsp;</p>
<p><br></p>
</html>
👎  
json_metadata"{"tags": ["basic-attention-token", "crypto", "blockchain", "crypto-news", "news"]}"
created2018-09-02 15:30:24
active2018-09-02 15:30:36
last_payout2018-09-09 15:30:24
depth0
children1
net_rshares-2,060,227,076
vote_rshares0
children_abs_rshares0
cashout_time1969-12-31 23:59:59
max_cashout_time1969-12-31 23:59:59
total_vote_weight0
reward_weight10,000
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
author_rewards0
net_votes-1
root_authorentact
root_permlinkbasic-attention-token-technical-analysis---2nd-september
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
allow_repliestrue
allow_votestrue
allow_curation_rewardstrue
beneficiaries[]
root_title"Basic-attention-token Technical Analysis - 2nd September"
pending_payout_value0.000 SBD
total_pending_payout_value0.000 STEEM
author_reputation-25,463,578,626
promoted0.000 SBD
body_length0
reblogged_by[]
author_curate_reward""
vote details (1)

vote your-acct "entact" "basic-attention-token-technical-analysis---2nd-september" 100 true
post_comment your-acct "re-entact-basic-attention-token-technical-analysis---2nd-september-20181016t012028154z" "entact" "basic-attention-token-technical-analysis---2nd-september" "" "your reply.." "{}" true

View on official site
@cheetah ·
Warning! This user is on my black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
If you believe this is an error, please chat with us in the #cheetah-appeals channel in [our discord](https://discord.gg/7FkETjJ).
created2018-09-02 15:30:36
active2018-09-02 15:30:36
last_payout2018-09-09 15:30:36
depth1
children0
net_rshares0
vote_rshares0
children_abs_rshares0
cashout_time1969-12-31 23:59:59
max_cashout_time1969-12-31 23:59:59
total_vote_weight0
reward_weight10,000
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
author_rewards0
net_votes0
root_authorentact
root_permlinkbasic-attention-token-technical-analysis---2nd-september
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
allow_repliestrue
allow_votestrue
allow_curation_rewardstrue
beneficiaries[]
root_title"Basic-attention-token Technical Analysis - 2nd September"
pending_payout_value0.000 SBD
total_pending_payout_value0.000 STEEM
author_reputation359,909,053,272,499
promoted0.000 SBD
body_length0
reblogged_by[]

vote your-acct "cheetah" "cheetah-re-entactbasic-attention-token-technical-analysis---2nd-september" 100 true
post_comment your-acct "re-cheetah-cheetah-re-entactbasic-attention-token-technical-analysis---2nd-september-20181016t012028158z" "cheetah" "cheetah-re-entactbasic-attention-token-technical-analysis---2nd-september" "" "your reply.." "{}" true


created by @roadscape