BTCDOWN - BTCDOWN/USDT
BTCDOWN - BTCDOWN/USDT
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Type: Cryptocurrencies
Ticker: BTCDOWNUSDT
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BTCDOWN - BTCDOWN/USDT - 15 min. - Technical analysis published on 07/07/2022 (GMT)

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.037667 USDT
My targets
0.040723 USDT (+0.95%)
0.042547 USDT (+5.47%)
My analysis
The strong short-term increase of BTCDOWN - BTCDOWN/USDT should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.037667 USDT, a purchase could be considered. The first bullish objective is located at 0.040723 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.042547 USDT. If there is any crossing, the next objective would be the resistance at 0.045603 USDT. Caution, if there is a return under 0.037667 USDT, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
3.6

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 dobditdotcom.

Additional analysis

Quotes

BTCDOWN - BTCDOWN/USDT rating 0.040340 USDT. The price registered an increase of +2.15% on the session with the lowest point at 0.039200 USDT and the highest point at 0.040930 USDT. The deviation from the price is +2.91% for the low point and -1.44% for the high point.

0.039200
0.040930
0.040340

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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 15 min. of this BTCDOWN - BTCDOWN/USDT chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.027774 0.034810 0.038300 0.040340 0.040456 0.043210 0.046740
Change (%) -31.15% -13.71% -5.06% - +0.29% +7.11% +15.87%
Change -0.012566 -0.005530 -0.002040 - +0.000116 +0.002870 +0.006400
Level Major Intermediate Intermediate - Minor Intermediate 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
Standard0.0327870.0358430.0376670.0407230.0425470.0456030.047427
Camarilla0.0381480.0385950.0390430.0394900.0399370.0403850.040832
Woodie0.0321700.0355350.0370500.0404150.0419300.0452950.046810
Fibonacci0.0358430.0377080.0388590.0407230.0425880.0437390.045603


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0182930.0256070.0365530.0438670.0548130.0621270.073073
Camarilla0.0424790.0441520.0458260.0475000.0491740.0508480.052522
Woodie0.0201100.0265150.0383700.0447750.0566300.0630350.074890
Fibonacci0.0256070.0325820.0368910.0438670.0508420.0551510.062127


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.018580-0.0000800.0218500.0403500.0622800.0807800.102710
Camarilla0.0326620.0363680.0400740.0437800.0474860.0511920.054898
Woodie-0.0168650.0007780.0235650.0412080.0639950.0816380.104425
Fibonacci-0.0000800.0153640.0249060.0403500.0557940.0653360.080780

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): 53.19
MACD (12,26,9): 0.0000
Directional Movement: -1.026652
AROON (14): 78.571429
DEMA (21): 0.039978
Parabolic SAR (0,02-0,02-0,2): 0.039434
Elder Ray (13): 0.000173
Super Trend (3,10): 0.040462
Zig ZAG (10): 0.040200
VORTEX (21): 1.0044
Stochastique (14,3,5): 80.91
TEMA (21): 0.040066
Williams %R (14): -8.87
Chande Momentum Oscillator (20): 0.000550
Repulse (5,40,3): 0.1133
ROCnROLL: 1
TRIX (15,9): -0.0222
Courbe Coppock: 1.54
MA7: 0.043490
MA20: 0.041419
MA50: 0.031517
MA100: 0.023521
MAexp7: 0.040092
MAexp20: 0.040005
MAexp50: 0.040117
MAexp100: 0.040475
Price / MA7: -7.24%
Price / MA20: -2.61%
Price / MA50: +27.99%
Price / MA100: +71.51%
Price / MAexp7: +0.62%
Price / MAexp20: +0.84%
Price / MAexp50: +0.56%
Price / MAexp100: -0.33%

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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