BYTOMDAO - BTM/USD - 1H - Technical analysis published on 01/20/2025 (GMT)
- 88
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
61%
17%
22%
My opinion
Bearish under 0.002878 USD
My targets
-
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BYTOM - BTM/USD as long as the price remains well below 0.002878 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BYTOM - BTM/USD rating is 0.002809 USD. The price is lower by -2.53% since the last closing and was between 0.002681 USD and 0.002904 USD. This implies that the price is at +4.77% from its lowest and at -3.27% from its highest.0.002681
0.002904
0.002809
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BYTOM - BTM/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Upside gap
Type : Bullish
Timeframe : 1 hour
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.002809 | 0.003104 | 0.003246 | 0.003297 |
| Change (%) | - | +10.50% | +15.56% | +17.37% |
| Change | - | +0.000295 | +0.000437 | +0.000488 |
| Level | - | Intermediate | Intermediate | Minor |
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 | 0.002179 | 0.002513 | 0.002697 | 0.003031 | 0.003215 | 0.003549 | 0.003733 |
| Camarilla | 0.002740 | 0.002787 | 0.002835 | 0.002882 | 0.002930 | 0.002977 | 0.003025 |
| Woodie | 0.002105 | 0.002476 | 0.002623 | 0.002994 | 0.003141 | 0.003512 | 0.003659 |
| Fibonacci | 0.002513 | 0.002711 | 0.002833 | 0.003031 | 0.003229 | 0.003351 | 0.003549 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002878 | 0.003061 | 0.003186 | 0.003369 | 0.003494 | 0.003677 | 0.003802 |
| Camarilla | 0.003225 | 0.003254 | 0.003282 | 0.003310 | 0.003338 | 0.003367 | 0.003395 |
| Woodie | 0.002848 | 0.003047 | 0.003156 | 0.003355 | 0.003464 | 0.003663 | 0.003772 |
| Fibonacci | 0.003061 | 0.003179 | 0.003252 | 0.003369 | 0.003487 | 0.003560 | 0.003677 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004858 | -0.000501 | 0.001747 | 0.006104 | 0.008352 | 0.012709 | 0.014957 |
| Camarilla | 0.002180 | 0.002785 | 0.003391 | 0.003996 | 0.004602 | 0.005207 | 0.005812 |
| Woodie | -0.005912 | -0.001028 | 0.000694 | 0.005577 | 0.007299 | 0.012182 | 0.013904 |
| Fibonacci | -0.000501 | 0.002022 | 0.003581 | 0.006104 | 0.008627 | 0.010186 | 0.012709 |
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): | 42.98 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -1.709079 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.002732 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.002697 | |
| Elder Ray (13): | 0.000012 | |
| Super Trend (3,10): | 0.002830 | |
| Zig ZAG (10): | 0.002810 | |
| VORTEX (21): | 0.7364 | |
| Stochastique (14,3,5): | 55.30 | |
| TEMA (21): | 0.002755 | |
| Williams %R (14): | -42.15 | |
| Chande Momentum Oscillator (20): | -0.000055 | |
| Repulse (5,40,3): | 1.8136 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4058 | |
| Courbe Coppock: | 6.25 |
| MA7: | 0.003223 | |
| MA20: | 0.003494 | |
| MA50: | 0.004510 | |
| MA100: | 0.004588 | |
| MAexp7: | 0.002791 | |
| MAexp20: | 0.002827 | |
| MAexp50: | 0.002973 | |
| MAexp100: | 0.003111 | |
| Price / MA7: | -12.85% | |
| Price / MA20: | -19.61% | |
| Price / MA50: | -37.72% | |
| Price / MA100: | -38.78% | |
| Price / MAexp7: | +0.64% | |
| Price / MAexp20: | -0.64% | |
| Price / MAexp50: | -5.52% | |
| Price / MAexp100: | -9.71% |
Quotes :
-
Real time data
-
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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