TEZOS - XTZ/BTC - 1H - Technical analysis published on 08/23/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
61%
11%
28%
My opinion
Neutral between 0.000300 BTC and 0.000323 BTC
My targets
-
My analysis
The short-term increase on TEZOS - XTZ/BTC remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.000323 BTC. The first support is located at 0.000300 BTC. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
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 Mangart.
Additional analysis
Quotes
The TEZOS - XTZ/BTC rating is 0.000302 BTC. On the day, this instrument lost -2.27% and was traded between 0.000291 BTC and 0.000309 BTC over the period. The price is currently at +3.78% from its lowest and -2.27% from its highest.0.000291
0.000309
0.000302
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TEZOS - XTZ/BTC:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of TEZOS - XTZ/BTC indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000209 | 0.000261 | 0.000300 | 0.000302 | 0.000333 | 0.000356 | 0.000372 |
| Change (%) | -30.79% | -13.58% | -0.66% | - | +10.26% | +17.88% | +23.18% |
| Change | -0.000093 | -0.000041 | -0.000002 | - | +0.000031 | +0.000054 | +0.000070 |
| Level | Intermediate | Major | Minor | - | Intermediate | 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 | 0.000270 | 0.000278 | 0.000294 | 0.000302 | 0.000318 | 0.000326 | 0.000342 |
| Camarilla | 0.000302 | 0.000305 | 0.000307 | 0.000309 | 0.000311 | 0.000313 | 0.000316 |
| Woodie | 0.000273 | 0.000280 | 0.000297 | 0.000304 | 0.000321 | 0.000328 | 0.000345 |
| Fibonacci | 0.000278 | 0.000288 | 0.000293 | 0.000302 | 0.000312 | 0.000317 | 0.000326 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000188 | 0.000238 | 0.000273 | 0.000323 | 0.000358 | 0.000408 | 0.000443 |
| Camarilla | 0.000286 | 0.000293 | 0.000301 | 0.000309 | 0.000317 | 0.000325 | 0.000332 |
| Woodie | 0.000182 | 0.000234 | 0.000267 | 0.000319 | 0.000352 | 0.000404 | 0.000437 |
| Fibonacci | 0.000238 | 0.000270 | 0.000290 | 0.000323 | 0.000355 | 0.000375 | 0.000408 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000193 | 0.000218 | 0.000235 | 0.000260 | 0.000277 | 0.000302 | 0.000319 |
| Camarilla | 0.000239 | 0.000243 | 0.000247 | 0.000251 | 0.000255 | 0.000259 | 0.000263 |
| Woodie | 0.000188 | 0.000216 | 0.000230 | 0.000258 | 0.000272 | 0.000300 | 0.000314 |
| Fibonacci | 0.000218 | 0.000234 | 0.000244 | 0.000260 | 0.000276 | 0.000286 | 0.000302 |
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): | 52.74 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.666220 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.000299 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000292 | |
| Elder Ray (13): | 0.000003 | |
| Super Trend (3,10): | 0.000309 | |
| Zig ZAG (10): | 0.000303 | |
| VORTEX (21): | 0.9255 | |
| Stochastique (14,3,5): | 58.33 | |
| TEMA (21): | 0.000299 | |
| Williams %R (14): | -31.25 | |
| Chande Momentum Oscillator (20): | -0.000001 | |
| Repulse (5,40,3): | 1.6175 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0566 | |
| Courbe Coppock: | 2.27 |
| MA7: | 0.000313 | |
| MA20: | 0.000319 | |
| MA50: | 0.000231 | |
| MA100: | 0.000220 | |
| MAexp7: | 0.000300 | |
| MAexp20: | 0.000301 | |
| MAexp50: | 0.000303 | |
| MAexp100: | 0.000309 | |
| Price / MA7: | -3.51% | |
| Price / MA20: | -5.33% | |
| Price / MA50: | +30.74% | |
| Price / MA100: | +37.27% | |
| Price / MAexp7: | +0.67% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | -0.33% | |
| Price / MAexp100: | -2.27% |
Quotes :
2020-08-23 21:29:43
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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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