BITCOIN GOLD - BTG/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	BTGUSD
ISIN:

BITCOIN GOLD - BTG/USD - Daily - Technical analysis published on 03/09/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

78%

My opinion

Bearish under 15.03 USD

My targets

13.47 USD (-7.30%)

11.35 USD (-21.89%)

My analysis

BITCOIN GOLD - BTG/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 15.03 USD. The next support located at 13.47 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 11.35 USD.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

6.6

Comment on the analysis

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BITCOIN GOLD - BTG/USD rating is 14.53 USD. The price registered a decrease of -0.07% on the session with the lowest point at 14.39 USD and the highest point at 15.00 USD. The deviation from the price is +0.97% for the low point and -3.13% for the high point.

14.39

15.00

14.53

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

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

Technical

Technical analysis of this Daily chart of BITCOIN GOLD - BTG/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

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

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	11.35	13.47	14.53	15.03	19.04	21.24
Change (%)	-21.89%	-7.30%	-	+3.44%	+31.04%	+46.18%
Change	-3.18	-1.06	-	+0.50	+4.51	+6.71
Level	Major	Intermediate	-	Major	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	12.50	13.47	14.01	14.98	15.52	16.49	17.03
Camarilla	14.13	14.26	14.40	14.54	14.68	14.82	14.96
Woodie	12.28	13.36	13.79	14.87	15.30	16.38	16.81
Fibonacci	13.47	14.05	14.41	14.98	15.56	15.92	16.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.32	14.43	15.15	16.26	16.98	18.09	18.81
Camarilla	15.38	15.55	15.71	15.88	16.05	16.22	16.38
Woodie	13.14	14.33	14.97	16.16	16.80	17.99	18.63
Fibonacci	14.43	15.13	15.56	16.26	16.96	17.39	18.09

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.44	10.25	13.54	17.35	20.64	24.45	27.74
Camarilla	14.89	15.54	16.19	16.84	17.49	18.14	18.79
Woodie	6.19	10.12	13.29	17.22	20.39	24.32	27.49
Fibonacci	10.25	12.96	14.63	17.35	20.06	21.73	24.45

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):	33.92
MACD (12,26,9):	-0.5100
Directional Movement:	-13.63
AROON (14):	-100.00
DEMA (21):	15.72
Parabolic SAR (0,02-0,02-0,2):	20.41
Elder Ray (13):	-1.20
Super Trend (3,10):	14.41
Zig ZAG (10):	14.63
VORTEX (21):	0.8800
Stochastique (14,3,5):	3.50
TEMA (21):	15.03
Williams %R (14):	-93.37
Chande Momentum Oscillator (20):	-2.15
Repulse (5,40,3):	-10.9600
ROCnROLL:	2
TRIX (15,9):	-0.1300
Courbe Coppock:	27.39

MA7:	15.36
MA20:	16.81
MA50:	16.69
MA100:	15.30
MAexp7:	15.33
MAexp20:	16.21
MAexp50:	16.27
MAexp100:	16.25
Price / MA7:	-5.40%
Price / MA20:	-13.56%
Price / MA50:	-12.94%
Price / MA100:	-5.03%
Price / MAexp7:	-5.22%
Price / MAexp20:	-10.36%
Price / MAexp50:	-10.69%
Price / MAexp100:	-10.58%

Quotes : - Real time data - Cryptocompare

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

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Londinia AI

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