BITCOIN BEP2 - BTCB/USD

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	BTCBUSD
ISIN:

BITCOIN BEP2 - BTCB/USD - 1H - Technical analysis published on 10/22/2022 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

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BITCOIN BEP2 - BTCB/USD Chart

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

56%

11%

33%

My opinion

Neutral between 18,752.50 USD and 19,500.10 USD

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 19,500.10 USD. The first support is located at 18,752.50 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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.

Additional analysis

Quotes

The BITCOIN BEP2 - BTCB/USD rating is 19,152.93 USD. The price is lower by -0.06% since the last closing with the lowest point at 19,136.52 USD and the highest point at 19,254.47 USD. The deviation from the price is +0.09% for the low point and -0.53% for the high point.

19,136.52

19,254.47

19,152.93

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

Here is a more detailed summary of the historical variations registered by BITCOIN BEP2 - BTCB/USD:

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

Technical

Technical analysis of BITCOIN BEP2 - BTCB/USD in 1H shows an overall slightly bullish trend. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18,268.20	18,752.50	19,086.70	19,152.93	19,215.70	19,500.10	19,676.10
Change (%)	-4.62%	-2.09%	-0.35%	-	+0.33%	+1.81%	+2.73%
Change	-884.73	-400.43	-66.23	-	+62.77	+347.17	+523.17
Level	Minor	Minor	Major	-	Major	Minor	Intermediate

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	18,401.98	18,577.22	18,870.65	19,045.89	19,339.32	19,514.56	19,807.99
Camarilla	19,035.20	19,078.16	19,121.12	19,164.08	19,207.04	19,250.00	19,292.96
Woodie	18,461.08	18,606.77	18,929.75	19,075.44	19,398.42	19,544.11	19,867.09
Fibonacci	18,577.22	18,756.25	18,866.86	19,045.89	19,224.92	19,335.53	19,514.56

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,646.48	17,457.34	18,263.94	19,074.80	19,881.40	20,692.26	21,498.86
Camarilla	18,625.74	18,774.01	18,922.27	19,070.54	19,218.81	19,367.07	19,515.34
Woodie	16,644.35	17,456.28	18,261.81	19,073.74	19,879.27	20,691.20	21,496.73
Fibonacci	17,457.34	18,075.21	18,456.93	19,074.80	19,692.67	20,074.39	20,692.26

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13,151.83	15,753.47	17,588.83	20,190.47	22,025.83	24,627.47	26,462.83
Camarilla	18,204.03	18,610.75	19,017.48	19,424.20	19,830.93	20,237.65	20,644.38
Woodie	12,768.70	15,561.90	17,205.70	19,998.90	21,642.70	24,435.90	26,079.70
Fibonacci	15,753.47	17,448.40	18,495.53	20,190.47	21,885.40	22,932.53	24,627.47

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):	56.38
MACD (12,26,9):	28.4700
Directional Movement:	1.63
AROON (14):	85.71
DEMA (21):	19,204.20
Parabolic SAR (0,02-0,02-0,2):	19,129.25
Elder Ray (13):	27.24
Super Trend (3,10):	19,065.80
Zig ZAG (10):	19,196.43
VORTEX (21):	1.0300
Stochastique (14,3,5):	60.04
TEMA (21):	19,222.79
Williams %R (14):	-53.12
Chande Momentum Oscillator (20):	48.19
Repulse (5,40,3):	-0.2500
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	0.48

MA7:	19,233.21
MA20:	19,401.90
MA50:	19,608.29
MA100:	20,963.45
MAexp7:	19,195.57
MAexp20:	19,168.13
MAexp50:	19,147.24
MAexp100:	19,171.68
Price / MA7:	-0.42%
Price / MA20:	-1.28%
Price / MA50:	-2.32%
Price / MA100:	-8.64%
Price / MAexp7:	-0.22%
Price / MAexp20:	-0.08%
Price / MAexp50:	+0.03%
Price / MAexp100:	-0.10%

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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