BITTORRENT - BTT/USDT
| Open: | - |
| Change: | - |
| Volume: | - |
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| High: | - |
| High / Low range: | - |
| Type: | Cryptocurrencies |
| Ticker: | BTTUSDT |
| ISIN: |
BITTORRENT - BTT/USDT - 1H - Technical analysis published on 11/28/2019 (GMT)
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- 11/28/2019 - 10:38
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- Timeframe : 1H
- - Analysis generated on 11/28/2019 - 10:35
- Status : TARGET REACHED
BITTORRENT - BTT/USDT Chart
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 0.000307 USDT
My targets
0.000325 USDT (+3.17%)
0.000351 USDT (+11.43%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITTORRENT - BTT/USDT. As long as you are above the support located at 0.000307 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.000325 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.000351 USDT as an objective. Crossing it would then enable buyers to target 0.000384 USDT. If the support 0.000307 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
2.9
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 Vincent Launay.
Additional analysis
Quotes
BITTORRENT - BTT/USDT rating 0.000315 USDT. On the day, this instrument lost -0.94% and was between 0.000315 USDT and 0.000330 USDT. This implies that the price is at 0% from its lowest and at -4.55% from its highest.0.000315
0.000330
0.000315
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of BITTORRENT - BTT/USDT indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 9 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000262 | 0.000286 | 0.000307 | 0.000315 | 0.000325 | 0.000351 | 0.000384 |
| Change (%) | -16.83% | -9.21% | -2.54% | - | +3.17% | +11.43% | +21.90% |
| Change | -0.000053 | -0.000029 | -0.000008 | - | +0.000010 | +0.000036 | +0.000069 |
| Level | Minor | Minor | Major | - | Major | 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 | 0.000254 | 0.000267 | 0.000293 | 0.000306 | 0.000332 | 0.000345 | 0.000371 |
| Camarilla | 0.000307 | 0.000311 | 0.000314 | 0.000318 | 0.000322 | 0.000325 | 0.000329 |
| Woodie | 0.000260 | 0.000270 | 0.000299 | 0.000309 | 0.000338 | 0.000348 | 0.000377 |
| Fibonacci | 0.000267 | 0.000282 | 0.000291 | 0.000306 | 0.000321 | 0.000330 | 0.000345 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000119 | 0.000202 | 0.000262 | 0.000345 | 0.000405 | 0.000488 | 0.000548 |
| Camarilla | 0.000282 | 0.000295 | 0.000308 | 0.000321 | 0.000334 | 0.000347 | 0.000360 |
| Woodie | 0.000107 | 0.000196 | 0.000250 | 0.000339 | 0.000393 | 0.000482 | 0.000536 |
| Fibonacci | 0.000202 | 0.000257 | 0.000291 | 0.000345 | 0.000400 | 0.000434 | 0.000488 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000289 | 0.000328 | 0.000395 | 0.000434 | 0.000501 | 0.000540 | 0.000607 |
| Camarilla | 0.000432 | 0.000442 | 0.000451 | 0.000461 | 0.000471 | 0.000480 | 0.000490 |
| Woodie | 0.000302 | 0.000335 | 0.000408 | 0.000441 | 0.000514 | 0.000547 | 0.000620 |
| Fibonacci | 0.000328 | 0.000369 | 0.000394 | 0.000434 | 0.000475 | 0.000500 | 0.000540 |
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): | 53.01 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 0.031456 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.000323 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000329 | |
| Elder Ray (13): | -0.000002 | |
| Super Trend (3,10): | 0.000312 | |
| Zig ZAG (10): | 0.000317 | |
| VORTEX (21): | 1.1028 | |
| Stochastique (14,3,5): | 35.19 | |
| TEMA (21): | 0.000323 | |
| Williams %R (14): | -72.22 | |
| Chande Momentum Oscillator (20): | 0.000003 | |
| Repulse (5,40,3): | -0.7874 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2537 | |
| Courbe Coppock: | 4.15 |
| MA7: | 0.000309 | |
| MA20: | 0.000379 | |
| MA50: | 0.000449 | |
| MA100: | 0.000705 | |
| MAexp7: | 0.000319 | |
| MAexp20: | 0.000317 | |
| MAexp50: | 0.000310 | |
| MAexp100: | 0.000310 | |
| Price / MA7: | +1.94% | |
| Price / MA20: | -16.89% | |
| Price / MA50: | -29.84% | |
| Price / MA100: | -55.32% | |
| Price / MAexp7: | -1.25% | |
| Price / MAexp20: | -0.63% | |
| Price / MAexp50: | +1.61% | |
| Price / MAexp100: | +1.61% |
This member declared not having a position on this financial instrument or a related financial instrument.
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