BITTORRENT - BTT/USDT - Daily - Technical analysis published on 02/03/2022 (GMT)
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- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
BITTORRENT - BTT/USDT Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
50%
39%
My opinion
Bearish under 0.000003 USDT
My targets
-
My analysis
BITTORRENT - BTT/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.000003 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.3
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This analysis was given by taha.
Additional analysis
Quotes
The BITTORRENT - BTT/USDT rating is 0.000002 USDT. On the day, this instrument gained +0.00% and was between 0.000002 USDT and 0.000002 USDT. This implies that the price is at 0% from its lowest and at 0% from its highest.0.000002
0.000002
0.000002
A study of price movements over other periods shows the following variations:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BITTORRENT - BTT/USDT in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.000002 | 0.000569 | 0.002464 | 0.002967 |
| Change (%) | - | +28,350.00% | +123,100.00% | +148,250.00% |
| Change | - | +0.000567 | +0.002462 | +0.002965 |
| Level | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 |
| Camarilla | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 |
| Woodie | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 |
| Fibonacci | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000001 | 0.000001 | 0.000001 | 0.000003 | 0.000003 | 0.000005 | 0.000005 |
| Camarilla | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000002 | 0.000003 |
| Woodie | -0.000001 | 0.000001 | 0.000001 | 0.000003 | 0.000003 | 0.000005 | 0.000005 |
| Fibonacci | 0.000001 | 0.000001 | 0.000002 | 0.000003 | 0.000003 | 0.000004 | 0.000005 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004250 | -0.002124 | -0.001061 | 0.001065 | 0.002128 | 0.004254 | 0.005317 |
| Camarilla | -0.000875 | -0.000583 | -0.000290 | 0.000002 | 0.000294 | 0.000587 | 0.000879 |
| Woodie | -0.004782 | -0.002390 | -0.001593 | 0.000799 | 0.001597 | 0.003988 | 0.004786 |
| Fibonacci | -0.002124 | -0.000906 | -0.000153 | 0.001065 | 0.002283 | 0.003036 | 0.004254 |
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): | 14.28 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -25.672248 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.000307 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001152 | |
| Elder Ray (13): | -0.000037 | |
| Super Trend (3,10): | 0.000129 | |
| Zig ZAG (10): | 0.000002 | |
| VORTEX (21): | 0.9167 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 0.000126 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.000001 | |
| Repulse (5,40,3): | -7.2607 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -7.7193 | |
| Courbe Coppock: | 81.09 |
| MA7: | 0.000002 | |
| MA20: | 0.000003 | |
| MA50: | 0.001210 | |
| MA100: | 0.002339 | |
| MAexp7: | 0.000003 | |
| MAexp20: | 0.000173 | |
| MAexp50: | 0.000981 | |
| MAexp100: | 0.001830 | |
| Price / MA7: | -0% | |
| Price / MA20: | -33.33% | |
| Price / MA50: | -99.83% | |
| Price / MA100: | -99.91% | |
| Price / MAexp7: | -33.33% | |
| Price / MAexp20: | -98.84% | |
| Price / MAexp50: | -99.80% | |
| Price / MAexp100: | -99.89% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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