METAL (X10) - MTL/BTC - 1H - Technical analysis published on 01/23/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.000125 BTC
My targets
0.000117 BTC (-2.50%)
0.000112 BTC (-6.67%)
My analysis
There is a bearish trend on METAL (X10) - MTL/BTC both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.000125 BTC. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.000117 BTC. Then the price could move towards 0.000112 BTC. Then 0.000105 BTC by extension. Be careful, a return to above the resistance 0.000125 BTC would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5
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This analysis was given by BCFI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
METAL (X10) - MTL/BTC rating 0.000120 BTC. On the day, this instrument lost -0.83% with the lowest point at 0.000119 BTC and the highest point at 0.000121 BTC. The deviation from the price is +0.84% for the low point and -0.83% for the high point.0.000119
0.000121
0.000120
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this METAL (X10) - MTL/BTC chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000105 | 0.000112 | 0.000117 | 0.000120 | 0.000125 | 0.000131 | 0.000163 |
| Change (%) | -12.50% | -6.67% | -2.50% | - | +4.17% | +9.17% | +35.83% |
| Change | -0.000015 | -0.000008 | -0.000003 | - | +0.000005 | +0.000011 | +0.000043 |
| Level | Intermediate | Minor | Major | - | Intermediate | 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 | 0.000109 | 0.000114 | 0.000117 | 0.000122 | 0.000125 | 0.000130 | 0.000133 |
| Camarilla | 0.000119 | 0.000120 | 0.000120 | 0.000121 | 0.000122 | 0.000123 | 0.000123 |
| Woodie | 0.000109 | 0.000114 | 0.000117 | 0.000122 | 0.000125 | 0.000130 | 0.000133 |
| Fibonacci | 0.000114 | 0.000117 | 0.000119 | 0.000122 | 0.000125 | 0.000127 | 0.000130 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000080 | 0.000091 | 0.000109 | 0.000120 | 0.000138 | 0.000149 | 0.000167 |
| Camarilla | 0.000119 | 0.000122 | 0.000124 | 0.000127 | 0.000130 | 0.000132 | 0.000135 |
| Woodie | 0.000084 | 0.000093 | 0.000113 | 0.000122 | 0.000142 | 0.000151 | 0.000171 |
| Fibonacci | 0.000091 | 0.000102 | 0.000109 | 0.000120 | 0.000131 | 0.000138 | 0.000149 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000148 | -0.000013 | 0.000063 | 0.000198 | 0.000274 | 0.000409 | 0.000485 |
| Camarilla | 0.000082 | 0.000101 | 0.000121 | 0.000140 | 0.000159 | 0.000179 | 0.000198 |
| Woodie | -0.000177 | -0.000028 | 0.000035 | 0.000183 | 0.000246 | 0.000394 | 0.000457 |
| Fibonacci | -0.000013 | 0.000067 | 0.000117 | 0.000198 | 0.000278 | 0.000328 | 0.000409 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 44.60 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -0.911365 | |
| AROON (14): | -35.714287 | |
| DEMA (21): | 0.000120 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000123 | |
| Elder Ray (13): | -0.000001 | |
| Super Trend (3,10): | 0.000124 | |
| Zig ZAG (10): | 0.000120 | |
| VORTEX (21): | 0.8889 | |
| Stochastique (14,3,5): | 28.57 | |
| TEMA (21): | 0.000120 | |
| Williams %R (14): | -71.43 | |
| Chande Momentum Oscillator (20): | -0.000004 | |
| Repulse (5,40,3): | 0.6850 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0626 | |
| Courbe Coppock: | 3.78 |
| MA7: | 0.000122 | |
| MA20: | 0.000114 | |
| MA50: | 0.000144 | |
| MA100: | 0.000175 | |
| MAexp7: | 0.000120 | |
| MAexp20: | 0.000121 | |
| MAexp50: | 0.000122 | |
| MAexp100: | 0.000121 | |
| Price / MA7: | -1.64% | |
| Price / MA20: | +5.26% | |
| Price / MA50: | -16.67% | |
| Price / MA100: | -31.43% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.83% | |
| Price / MAexp50: | -1.64% | |
| Price / MAexp100: | -0.83% |
Quotes :
2021-01-23 00:54:03
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Real time data
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Cryptocompare
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