BTSE TOKEN - BTSE/USD
BTSE TOKEN - BTSE/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BTSEUSD
ISIN:

BTSE TOKEN - BTSE/USD - 1H - Technical analysis published on 01/09/2023 (GMT)

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  • 01/09/2023 - 04:03
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  • Timeframe : 1H
  • - Analysis generated on 01/09/2023 - 04:03
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 2.23 USD
My targets
2.32 USD (+2.65%)
2.50 USD (+10.62%)
My analysis
The bullish trend is currently very strong on BTSE TOKEN - BTSE/USD. As long as the price remains above the support at 2.23 USD, you could try to benefit from the boom. The first bullish objective is located at 2.32 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.50 USD as an objective. Crossing it would then enable buyers to target 3.29 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

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 Londinia.

Additional analysis

Quotes

The BTSE TOKEN - BTSE/USD price is 2.26 USD. On the day, this instrument lost -0.44% and was traded between 2.26 USD and 2.28 USD over the period. The price is currently at 0% from its lowest and -0.88% from its highest.

2.26
2.28
2.26

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-2250225450675900January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of BTSE TOKEN - BTSE/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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


S3S2S1PriceR1R2R3
ProTrendLines 2.16 2.18 2.23 2.26 2.27 2.32 3.29
Change (%) -4.42% -3.54% -1.33% - +0.44% +2.65% +45.58%
Change -0.10 -0.08 -0.03 - +0.01 +0.06 +1.03
Level Minor Minor Intermediate - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.002.062.172.232.342.402.51
Camarilla2.222.242.252.272.292.302.32
Woodie2.022.072.192.242.362.412.53
Fibonacci2.062.132.172.232.302.342.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.841.972.062.192.282.412.50
Camarilla2.092.112.132.152.172.192.21
Woodie1.821.962.042.182.262.402.48
Fibonacci1.972.052.112.192.272.332.41


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.851.461.782.392.713.323.64
Camarilla1.831.922.012.092.182.262.35
Woodie0.701.391.632.322.563.253.49
Fibonacci1.461.822.042.392.752.973.32

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Buy13
Moving averages
Created with Raphaël 2.3.0Buy25

RSI (14): 61.76
MACD (12,26,9): 0.0300
Directional Movement: 11.40
AROON (14): 35.71
DEMA (21): 2.26
Parabolic SAR (0,02-0,02-0,2): 2.19
Elder Ray (13): 0.03
Super Trend (3,10): 2.16
Zig ZAG (10): 2.27
VORTEX (21): 1.1400
Stochastique (14,3,5): 76.69
TEMA (21): 2.28
Williams %R (14): -30.00
Chande Momentum Oscillator (20): 0.10
Repulse (5,40,3): -0.7600
ROCnROLL: 1
TRIX (15,9): 0.1500
Courbe Coppock: 9.13
MA7: 2.21
MA20: 2.17
MA50: 2.45
MA100: 3.05
MAexp7: 2.26
MAexp20: 2.22
MAexp50: 2.20
MAexp100: 2.19
Price / MA7: +2.26%
Price / MA20: +4.15%
Price / MA50: -7.76%
Price / MA100: -25.90%
Price / MAexp7: -0%
Price / MAexp20: +1.80%
Price / MAexp50: +2.73%
Price / MAexp100: +3.20%

Quotes : 01/09/2023 - 04:02 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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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…

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