BITTORRENT - BTT/USDT - Daily - Technical analysis published on 02/09/2022 (GMT)
- 206
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
BITTORRENT - BTT/USDT Chart
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
11%
44%
44%
My opinion
Bearish under 0.000569 USDT
My targets
-
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BITTORRENT - BTT/USDT as long as the price remains well below 0.000569 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 over sold items that could be a sign of a short-term correction.
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
6.4
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by taha.
Additional analysis
Quotes
BITTORRENT - BTT/USDT rating 0.000002 USDT. On the day, this instrument gained +0.00% with the lowest point at 0.000002 USDT and the highest point at 0.000002 USDT. The deviation from the price is 0% for the low point and 0% for the high point.0.000002
0.000002
0.000002
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
A technical analysis in Daily of this BITTORRENT - BTT/USDT chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
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.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 |
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 | 0.000002 | 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 | 0.000002 | 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 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 14.28 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -25.672248 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.000232 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000902 | |
| Elder Ray (13): | -0.000015 | |
| Super Trend (3,10): | 0.000069 | |
| Zig ZAG (10): | 0.000002 | |
| VORTEX (21): | 0.8333 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 0.000016 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | -0.6374 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -8.3485 | |
| Courbe Coppock: | 33.52 |
| MA7: | 0.000002 | |
| MA20: | 0.000002 | |
| MA50: | 0.000890 | |
| MA100: | 0.002112 | |
| MAexp7: | 0.000002 | |
| MAexp20: | 0.000096 | |
| MAexp50: | 0.000772 | |
| MAexp100: | 0.001619 | |
| Price / MA7: | -0% | |
| Price / MA20: | -0% | |
| Price / MA50: | -99.78% | |
| Price / MA100: | -99.91% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -97.92% | |
| Price / MAexp50: | -99.74% | |
| Price / MAexp100: | -99.88% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis BITTORRENT - BTT/USDT - Daily