BITTORRENT - BTT/USDT - 1H - Technical analysis published on 10/22/2019 (GMT)
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- Timeframe : 1H
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- Status : NEUTRAL
BITTORRENT - BTT/USDT Chart
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
50%
6%
44%
My opinion
Neutral between 0.000414 USDT and 0.000421 USDT
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on BITTORRENT - BTT/USDT. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.000421 USDT. The first support is located at 0.000414 USDT. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
The BITTORRENT - BTT/USDT rating is 0.000417 USDT. On the day, this instrument gained +0.24% with the lowest point at 0.000415 USDT and the highest point at 0.000419 USDT. The deviation from the price is +0.48% for the low point and -0.48% for the high point.0.000415
0.000419
0.000417
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this BITTORRENT - BTT/USDT chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000402 | 0.000408 | 0.000414 | 0.000417 | 0.000421 | 0.000434 | 0.000441 |
| Change (%) | -3.60% | -2.16% | -0.72% | - | +0.96% | +4.08% | +5.76% |
| Change | -0.000015 | -0.000009 | -0.000003 | - | +0.000004 | +0.000017 | +0.000024 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 0.000404 | 0.000409 | 0.000412 | 0.000417 | 0.000420 | 0.000425 | 0.000428 |
| Camarilla | 0.000414 | 0.000415 | 0.000415 | 0.000416 | 0.000417 | 0.000418 | 0.000418 |
| Woodie | 0.000404 | 0.000409 | 0.000412 | 0.000417 | 0.000420 | 0.000425 | 0.000428 |
| Fibonacci | 0.000409 | 0.000412 | 0.000414 | 0.000417 | 0.000420 | 0.000422 | 0.000425 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000361 | 0.000384 | 0.000400 | 0.000423 | 0.000439 | 0.000462 | 0.000478 |
| Camarilla | 0.000404 | 0.000408 | 0.000411 | 0.000415 | 0.000419 | 0.000422 | 0.000426 |
| Woodie | 0.000357 | 0.000382 | 0.000396 | 0.000421 | 0.000435 | 0.000460 | 0.000474 |
| Fibonacci | 0.000384 | 0.000399 | 0.000408 | 0.000423 | 0.000438 | 0.000447 | 0.000462 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000372 | 0.000427 | 0.000497 | 0.000552 | 0.000622 | 0.000677 | 0.000747 |
| Camarilla | 0.000532 | 0.000543 | 0.000555 | 0.000566 | 0.000578 | 0.000589 | 0.000600 |
| Woodie | 0.000379 | 0.000431 | 0.000504 | 0.000556 | 0.000629 | 0.000681 | 0.000754 |
| Fibonacci | 0.000427 | 0.000475 | 0.000505 | 0.000552 | 0.000600 | 0.000630 | 0.000677 |
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): | 53.38 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.242819 | |
| AROON (14): | 71.428568 | |
| DEMA (21): | 0.000418 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000420 | |
| Elder Ray (13): | 0.000001 | |
| Super Trend (3,10): | 0.000413 | |
| Zig ZAG (10): | 0.000418 | |
| VORTEX (21): | 1.0488 | |
| Stochastique (14,3,5): | 86.67 | |
| TEMA (21): | 0.000418 | |
| Williams %R (14): | -20.00 | |
| Chande Momentum Oscillator (20): | 0.000003 | |
| Repulse (5,40,3): | 0.2112 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0091 | |
| Courbe Coppock: | 0.46 |
| MA7: | 0.000442 | |
| MA20: | 0.000510 | |
| MA50: | 0.000671 | |
| MA100: | 0.000813 | |
| MAexp7: | 0.000418 | |
| MAexp20: | 0.000417 | |
| MAexp50: | 0.000416 | |
| MAexp100: | 0.000417 | |
| Price / MA7: | -5.66% | |
| Price / MA20: | -18.24% | |
| Price / MA50: | -37.85% | |
| Price / MA100: | -48.71% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | -0% |
This member declared not having a position on this financial instrument or a related financial instrument.
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