BTSE TOKEN - BTSE/USD - 1H - Technical analysis published on 04/26/2023 (GMT)
- 135
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
50%
0%
50%
My opinion
Neutral between 2.14 USD and 2.22 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 2.22 USD. The first support is located at 2.14 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by BTSE TOKEN - BTSE/USD.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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
BTSE TOKEN - BTSE/USD rating 2.18 USD. The price has increased by +5.31% since the last closing with the lowest point at 2.06 USD and the highest point at 2.18 USD. The deviation from the price is +5.83% for the low point and 0% for the high point.2.06
2.18
2.18
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
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
Technical analysis of BTSE TOKEN - BTSE/USD in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of 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 | 2.04 | 2.09 | 2.14 | 2.18 | 2.22 | 2.28 | 2.35 |
| Change (%) | -6.42% | -4.13% | -1.83% | - | +1.83% | +4.59% | +7.80% |
| Change | -0.14 | -0.09 | -0.04 | - | +0.04 | +0.10 | +0.17 |
| Level | Intermediate | Major | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.98 | 2.01 | 2.04 | 2.07 | 2.10 | 2.13 | 2.16 |
| Camarilla | 2.05 | 2.06 | 2.07 | 2.07 | 2.08 | 2.08 | 2.09 |
| Woodie | 1.98 | 2.01 | 2.04 | 2.07 | 2.10 | 2.13 | 2.16 |
| Fibonacci | 2.01 | 2.03 | 2.05 | 2.07 | 2.09 | 2.11 | 2.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.72 | 1.90 | 2.03 | 2.21 | 2.34 | 2.52 | 2.65 |
| Camarilla | 2.09 | 2.11 | 2.14 | 2.17 | 2.20 | 2.23 | 2.26 |
| Woodie | 1.71 | 1.89 | 2.02 | 2.20 | 2.33 | 2.51 | 2.64 |
| Fibonacci | 1.90 | 2.02 | 2.09 | 2.21 | 2.33 | 2.40 | 2.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.40 | 1.70 | 2.00 | 2.30 | 2.60 | 2.90 | 3.20 |
| Camarilla | 2.14 | 2.19 | 2.25 | 2.30 | 2.36 | 2.41 | 2.47 |
| Woodie | 1.40 | 1.70 | 2.00 | 2.30 | 2.60 | 2.90 | 3.20 |
| Fibonacci | 1.70 | 1.93 | 2.07 | 2.30 | 2.53 | 2.67 | 2.90 |
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): | 51.39 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.56 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 2.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.07 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 2.13 | |
| Zig ZAG (10): | 2.08 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 57.89 | |
| TEMA (21): | 2.08 | |
| Williams %R (14): | -40.35 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.34 |
| MA7: | 2.12 | |
| MA20: | 2.23 | |
| MA50: | 2.29 | |
| MA100: | 2.43 | |
| MAexp7: | 2.08 | |
| MAexp20: | 2.08 | |
| MAexp50: | 2.08 | |
| MAexp100: | 2.11 | |
| Price / MA7: | +2.83% | |
| Price / MA20: | -2.24% | |
| Price / MA50: | -4.80% | |
| Price / MA100: | -10.29% | |
| Price / MAexp7: | +4.81% | |
| Price / MAexp20: | +4.81% | |
| Price / MAexp50: | +4.81% | |
| Price / MAexp100: | +3.32% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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