BIT DIGITAL INC. ORD. - 15 min. - Technical analysis published on 08/02/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- 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
61%
22%
17%
My opinion
Bullish above 9.54 USD
My targets
10.68 USD (+5.85%)
11.00 USD (+9.05%)
My analysis
BIT DIGITAL INC. ORD. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 9.54 USD. The next resistance located at 10.68 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 11.00 USD. After this resistance, buyers could then target 12.18 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7.3
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Additional analysis
Quotes
The BIT DIGITAL INC. ORD. rating is 10.09 USD. On the day, this instrument gained +12.11% with the lowest point at 8.90 USD and the highest point at 10.25 USD. The deviation from the price is +13.37% for the low point and -1.56% for the high point.8.90
10.25
10.09
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BIT DIGITAL INC. ORD. in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.71 | 8.87 | 9.46 | 10.09 | 12.18 | 16.16 | 25.60 |
| Change (%) | -23.59% | -12.09% | -6.24% | - | +20.71% | +60.16% | +153.72% |
| Change | -2.38 | -1.22 | -0.63 | - | +2.09 | +6.07 | +15.51 |
| Level | Major | Major | Intermediate | - | Minor | 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 | 6.62 | 7.17 | 8.08 | 8.63 | 9.54 | 10.09 | 11.00 |
| Camarilla | 8.60 | 8.73 | 8.87 | 9.00 | 9.13 | 9.27 | 9.40 |
| Woodie | 6.81 | 7.26 | 8.27 | 8.72 | 9.73 | 10.18 | 11.19 |
| Fibonacci | 7.17 | 7.72 | 8.07 | 8.63 | 9.18 | 9.53 | 10.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.52 | 3.20 | 6.10 | 7.78 | 10.68 | 12.36 | 15.26 |
| Camarilla | 7.74 | 8.16 | 8.58 | 9.00 | 9.42 | 9.84 | 10.26 |
| Woodie | 2.13 | 3.51 | 6.71 | 8.09 | 11.29 | 12.67 | 15.87 |
| Fibonacci | 3.20 | 4.95 | 6.03 | 7.78 | 9.53 | 10.61 | 12.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.00 | 1.99 | 5.49 | 7.48 | 10.98 | 12.97 | 16.47 |
| Camarilla | 7.49 | 7.99 | 8.50 | 9.00 | 9.50 | 10.01 | 10.51 |
| Woodie | 0.77 | 2.37 | 6.26 | 7.86 | 11.75 | 13.35 | 17.24 |
| Fibonacci | 1.99 | 4.08 | 5.38 | 7.48 | 9.57 | 10.87 | 12.97 |
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): | 68.95 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 22.83 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 8.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.17 | |
| Elder Ray (13): | 0.73 | |
| Super Trend (3,10): | 8.41 | |
| Zig ZAG (10): | 9.86 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 25.48 | |
| TEMA (21): | 8.23 | |
| Williams %R (14): | -70.73 | |
| Chande Momentum Oscillator (20): | -0.97 | |
| Repulse (5,40,3): | -1.2200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.6900 | |
| Courbe Coppock: | 10.17 |
| MA7: | 5.79 | |
| MA20: | 5.78 | |
| MA50: | 7.08 | |
| MA100: | 10.48 | |
| MAexp7: | 8.05 | |
| MAexp20: | 8.46 | |
| MAexp50: | 8.25 | |
| MAexp100: | 7.77 | |
| Price / MA7: | +74.27% | |
| Price / MA20: | +74.57% | |
| Price / MA50: | +42.51% | |
| Price / MA100: | -3.72% | |
| Price / MAexp7: | +26.09% | |
| Price / MAexp20: | +19.98% | |
| Price / MAexp50: | +23.03% | |
| Price / MAexp100: | +30.63% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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