TRUST WALLET TOKEN - TWT/BTC - Daily - Technical analysis published on 02/08/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 0.000015 BTC
My targets
0.000012 BTC (-14.29%)
0.000011 BTC (-21.43%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on TRUST WALLET TOKEN - TWT/BTC. As long as you are under the resistance located at 0.000015 BTC, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.000012 BTC would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.000011 BTC as an objective. If the resistance 0.000015 BTC were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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 Rom_bitc.
Additional analysis
Quotes
The TRUST WALLET TOKEN - TWT/BTC price is 0.000014 BTC. The price is lower by -6.67% since the last closing and was between 0.000014 BTC and 0.000015 BTC. This implies that the price is at 0% from its lowest and at -6.67% from its highest.0.000014
0.000015
0.000014
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this TRUST WALLET TOKEN - TWT/BTC chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.000011 | 0.000014 | 0.000017 | 0.000020 | 0.000026 |
| Change (%) | -21.43% | - | +21.43% | +42.86% | +85.71% |
| Change | -0.000003 | - | +0.000003 | +0.000006 | +0.000012 |
| Level | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000013 | 0.000014 | 0.000014 | 0.000015 | 0.000015 | 0.000016 | 0.000016 |
| Camarilla | 0.000015 | 0.000015 | 0.000015 | 0.000015 | 0.000015 | 0.000015 | 0.000015 |
| Woodie | 0.000014 | 0.000014 | 0.000015 | 0.000015 | 0.000016 | 0.000016 | 0.000017 |
| Fibonacci | 0.000014 | 0.000014 | 0.000014 | 0.000015 | 0.000015 | 0.000015 | 0.000016 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000012 | 0.000012 | 0.000014 | 0.000014 | 0.000016 | 0.000016 | 0.000018 |
| Camarilla | 0.000015 | 0.000015 | 0.000015 | 0.000015 | 0.000015 | 0.000015 | 0.000016 |
| Woodie | 0.000012 | 0.000013 | 0.000014 | 0.000015 | 0.000016 | 0.000017 | 0.000018 |
| Fibonacci | 0.000012 | 0.000013 | 0.000014 | 0.000014 | 0.000015 | 0.000016 | 0.000016 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000007 | 0.000010 | 0.000012 | 0.000015 | 0.000017 | 0.000020 | 0.000022 |
| Camarilla | 0.000013 | 0.000013 | 0.000014 | 0.000014 | 0.000015 | 0.000015 | 0.000015 |
| Woodie | 0.000007 | 0.000010 | 0.000012 | 0.000015 | 0.000017 | 0.000020 | 0.000022 |
| Fibonacci | 0.000010 | 0.000012 | 0.000013 | 0.000015 | 0.000017 | 0.000018 | 0.000020 |
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): | 43.57 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -3.299978 | |
| AROON (14): | -7.142857 | |
| DEMA (21): | 0.000014 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000015 | |
| Elder Ray (13): | -0.000001 | |
| Super Trend (3,10): | 0.000016 | |
| Zig ZAG (10): | 0.000014 | |
| VORTEX (21): | 0.9048 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 0.000014 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | -5.0556 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2708 | |
| Courbe Coppock: | 1.27 |
| MA7: | 0.000015 | |
| MA20: | 0.000014 | |
| MA50: | 0.000015 | |
| MA100: | 0.000016 | |
| MAexp7: | 0.000014 | |
| MAexp20: | 0.000015 | |
| MAexp50: | 0.000015 | |
| MAexp100: | 0.000016 | |
| Price / MA7: | -6.67% | |
| Price / MA20: | -0% | |
| Price / MA50: | -6.67% | |
| Price / MA100: | -12.50% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -6.67% | |
| Price / MAexp50: | -6.67% | |
| Price / MAexp100: | -12.50% |
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.
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