BAND PROTOCOL (X1000) - BAND/BTC - Daily - Technical analysis published on 09/30/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.707167 BTC
My targets
0.555960 BTC (-7.20%)
0.459667 BTC (-23.27%)
My analysis
In the short term, we can see an acceleration in the bearish trend on BAND PROTOCOL (X1000) - BAND/BTC, which is a positive signal for sellers. As long as the price remains above 0.707167 BTC, a sale could be considered. The first bearish objective is located at 0.555960 BTC. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.459667 BTC as an objective. Crossing it would then enable sellers to target 0.296500 BTC. If the price were to return above 0.707167 BTC, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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This analysis was given by Mangart. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BAND PROTOCOL (X1000) - BAND/BTC price is 0.599100 BTC. The price is lower by -2.85% since the last closing and was between 0.592100 BTC and 0.618700 BTC. This implies that the price is at +1.18% from its lowest and at -3.17% from its highest.0.592100
0.618700
0.599100
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BAND PROTOCOL (X1000) - BAND/BTC:
Technical
Technical analysis of BAND PROTOCOL (X1000) - BAND/BTC in Daily shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.137429 | 0.296500 | 0.555960 | 0.599100 | 0.894900 | 1.136000 | 1.302000 |
| Change (%) | -77.06% | -50.51% | -7.20% | - | +49.37% | +89.62% | +117.33% |
| Change | -0.461671 | -0.302600 | -0.043140 | - | +0.295800 | +0.536900 | +0.702900 |
| Level | Minor | Minor | Major | - | Minor | Minor | Major |
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 | 0.521367 | 0.553033 | 0.584867 | 0.616533 | 0.648367 | 0.680033 | 0.711867 |
| Camarilla | 0.599238 | 0.605058 | 0.610879 | 0.616700 | 0.622521 | 0.628342 | 0.634163 |
| Woodie | 0.521450 | 0.553075 | 0.584950 | 0.616575 | 0.648450 | 0.680075 | 0.711950 |
| Fibonacci | 0.553033 | 0.577290 | 0.592276 | 0.616533 | 0.640790 | 0.655776 | 0.680033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.428567 | 0.487633 | 0.567867 | 0.626933 | 0.707167 | 0.766233 | 0.846467 |
| Camarilla | 0.609793 | 0.622562 | 0.635331 | 0.648100 | 0.660869 | 0.673638 | 0.686408 |
| Woodie | 0.439150 | 0.492925 | 0.578450 | 0.632225 | 0.717750 | 0.771525 | 0.857050 |
| Fibonacci | 0.487633 | 0.540846 | 0.573721 | 0.626933 | 0.680146 | 0.713021 | 0.766233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.727333 | -0.205667 | 0.459667 | 0.981333 | 1.646667 | 2.168333 | 2.833667 |
| Camarilla | 0.798575 | 0.907383 | 1.016192 | 1.125000 | 1.233808 | 1.342617 | 1.451425 |
| Woodie | -0.655500 | -0.169750 | 0.531500 | 1.017250 | 1.718500 | 2.204250 | 2.905500 |
| Fibonacci | -0.205667 | 0.247767 | 0.527899 | 0.981333 | 1.434767 | 1.714899 | 2.168333 |
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): | 39.84 | |
| MACD (12,26,9): | -0.0751 | |
| Directional Movement: | -9.263493 | |
| AROON (14): | 50.000002 | |
| DEMA (21): | 0.572610 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.541742 | |
| Elder Ray (13): | -0.030333 | |
| Super Trend (3,10): | 0.837906 | |
| Zig ZAG (10): | 0.599100 | |
| VORTEX (21): | 0.8642 | |
| Stochastique (14,3,5): | 43.85 | |
| TEMA (21): | 0.534259 | |
| Williams %R (14): | -56.14 | |
| Chande Momentum Oscillator (20): | 0.043200 | |
| Repulse (5,40,3): | -5.7833 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.6140 | |
| Courbe Coppock: | 27.90 |
| MA7: | 0.620700 | |
| MA20: | 0.656200 | |
| MA50: | 0.901078 | |
| MA100: | 0.628628 | |
| MAexp7: | 0.613216 | |
| MAexp20: | 0.675895 | |
| MAexp50: | 0.740056 | |
| MAexp100: | 0.645517 | |
| Price / MA7: | -3.48% | |
| Price / MA20: | -8.70% | |
| Price / MA50: | -33.51% | |
| Price / MA100: | -4.70% | |
| Price / MAexp7: | -2.30% | |
| Price / MAexp20: | -11.36% | |
| Price / MAexp50: | -19.05% | |
| Price / MAexp100: | -7.19% |
Quotes :
2020-09-30 20:06:24
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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