BITTORRENT - BTT/USDT - 1H - Technical analysis published on 07/14/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
BITTORRENT - BTT/USDT Chart
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 0.000409 USDT
My targets
0.000430 USDT (+4.12%)
0.000457 USDT (+10.65%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITTORRENT - BTT/USDT as long as the price remains well above 0.000409 USDT. The buyers” bullish objective is set at 0.000430 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.000457 USDT. If there is any crossing, the next objective would be the resistance located at 0.000487 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.9
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This analysis was given by AKOUSA.
Additional analysis
Quotes
BITTORRENT - BTT/USDT rating 0.000413 USDT. The price registered a decrease of -1.43% on the session and was traded between 0.000410 USDT and 0.000430 USDT over the period. The price is currently at +0.73% from its lowest and -3.95% from its highest.0.000410
0.000430
0.000413
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this BITTORRENT - BTT/USDT chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.000378 | 0.000396 | 0.000409 | 0.000413 | 0.000430 | 0.000457 | 0.000487 |
| Change (%) | -8.47% | -4.12% | -0.97% | - | +4.12% | +10.65% | +17.92% |
| Change | -0.000035 | -0.000017 | -0.000004 | - | +0.000017 | +0.000044 | +0.000074 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000383 | 0.000390 | 0.000405 | 0.000412 | 0.000427 | 0.000434 | 0.000449 |
| Camarilla | 0.000413 | 0.000415 | 0.000417 | 0.000419 | 0.000421 | 0.000423 | 0.000425 |
| Woodie | 0.000386 | 0.000392 | 0.000408 | 0.000414 | 0.000430 | 0.000436 | 0.000452 |
| Fibonacci | 0.000390 | 0.000399 | 0.000404 | 0.000412 | 0.000421 | 0.000426 | 0.000434 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000148 | 0.000232 | 0.000317 | 0.000401 | 0.000486 | 0.000570 | 0.000655 |
| Camarilla | 0.000356 | 0.000371 | 0.000387 | 0.000402 | 0.000418 | 0.000433 | 0.000449 |
| Woodie | 0.000149 | 0.000232 | 0.000318 | 0.000401 | 0.000487 | 0.000570 | 0.000656 |
| Fibonacci | 0.000232 | 0.000297 | 0.000336 | 0.000401 | 0.000466 | 0.000505 | 0.000570 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000215 | 0.000248 | 0.000272 | 0.000305 | 0.000329 | 0.000362 | 0.000386 |
| Camarilla | 0.000279 | 0.000285 | 0.000290 | 0.000295 | 0.000300 | 0.000306 | 0.000311 |
| Woodie | 0.000210 | 0.000246 | 0.000267 | 0.000303 | 0.000324 | 0.000360 | 0.000381 |
| Fibonacci | 0.000248 | 0.000270 | 0.000284 | 0.000305 | 0.000327 | 0.000341 | 0.000362 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.69 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 15.735972 | |
| AROON (14): | 35.714287 | |
| DEMA (21): | 0.000414 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000427 | |
| Elder Ray (13): | -0.000001 | |
| Super Trend (3,10): | 0.000409 | |
| Zig ZAG (10): | 0.000413 | |
| VORTEX (21): | 1.0642 | |
| Stochastique (14,3,5): | 14.52 | |
| TEMA (21): | 0.000414 | |
| Williams %R (14): | -85.00 | |
| Chande Momentum Oscillator (20): | 0.000001 | |
| Repulse (5,40,3): | 0.4360 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0826 | |
| Courbe Coppock: | 0.71 |
| MA7: | 0.000390 | |
| MA20: | 0.000338 | |
| MA50: | 0.000318 | |
| MA100: | 0.000287 | |
| MAexp7: | 0.000413 | |
| MAexp20: | 0.000412 | |
| MAexp50: | 0.000408 | |
| MAexp100: | 0.000397 | |
| Price / MA7: | +5.90% | |
| Price / MA20: | +22.19% | |
| Price / MA50: | +29.87% | |
| Price / MA100: | +43.90% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +1.23% | |
| Price / MAexp100: | +4.03% |
Quotes :
2020-07-13 09:55:14
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Real time data
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Cryptocompare
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