BTSE TOKEN - BTSE/USD

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	BTSEUSD
ISIN:

BTSE TOKEN - BTSE/USD - 1H - Technical analysis published on 08/01/2022 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Download a full-size picture

BTSE TOKEN - BTSE/USD Chart

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

22%

56%

My opinion

Bearish under 4.59 USD

My targets

4.35 USD (-2.83%)

4.08 USD (-8.93%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BTSE TOKEN - BTSE/USD as long as the price remains well below 4.59 USD. The next bearish objective for sellers is set at 4.35 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.08 USD. If there is any crossing, the next objective would be the support located at 3.17 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.6

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.

Additional analysis

Quotes

The BTSE TOKEN - BTSE/USD rating is 4.48 USD. The price is lower by -0.44% since the last closing with the lowest point at 4.48 USD and the highest point at 4.59 USD. The deviation from the price is 0% for the low point and -2.40% for the high point.

4.48

4.59

4.48

Here is a more detailed summary of the historical variations registered by BTSE TOKEN - BTSE/USD:

Technical

Technical analysis of BTSE TOKEN - BTSE/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.17	4.08	4.47	4.48	4.59	4.64	4.75
Change (%)	-29.24%	-8.93%	-0.22%	-	+2.46%	+3.57%	+6.03%
Change	-1.31	-0.40	-0.01	-	+0.11	+0.16	+0.27
Level	Minor	Major	Minor	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.08	4.23	4.37	4.52	4.66	4.81	4.95
Camarilla	4.42	4.45	4.47	4.50	4.53	4.55	4.58
Woodie	4.07	4.23	4.36	4.52	4.65	4.81	4.94
Fibonacci	4.23	4.34	4.41	4.52	4.63	4.70	4.81

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.82	4.14	4.35	4.67	4.88	5.20	5.41
Camarilla	4.42	4.47	4.52	4.57	4.62	4.67	4.72
Woodie	3.78	4.11	4.31	4.64	4.84	5.17	5.37
Fibonacci	4.14	4.34	4.46	4.67	4.87	4.99	5.20

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.57	3.19	3.84	4.46	5.11	5.73	6.38
Camarilla	4.15	4.27	4.38	4.50	4.62	4.73	4.85
Woodie	2.60	3.20	3.87	4.47	5.14	5.74	6.41
Fibonacci	3.19	3.67	3.97	4.46	4.94	5.24	5.73

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):	52.00
MACD (12,26,9):	-0.0100
Directional Movement:	3.83
AROON (14):	-50.00
DEMA (21):	4.51
Parabolic SAR (0,02-0,02-0,2):	4.60
Elder Ray (13):	0.02
Super Trend (3,10):	4.73
Zig ZAG (10):	4.53
VORTEX (21):	1.0800
Stochastique (14,3,5):	44.88
TEMA (21):	4.52
Williams %R (14):	-55.56
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	-1.4200
ROCnROLL:	-1
TRIX (15,9):	-0.0700
Courbe Coppock:	1.96

MA7:	4.62
MA20:	4.55
MA50:	4.49
MA100:	5.51
MAexp7:	4.53
MAexp20:	4.54
MAexp50:	4.59
MAexp100:	4.64
Price / MA7:	-3.03%
Price / MA20:	-1.54%
Price / MA50:	-0.22%
Price / MA100:	-18.69%
Price / MAexp7:	-1.10%
Price / MAexp20:	-1.32%
Price / MAexp50:	-2.40%
Price / MAexp100:	-3.45%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

16057

Number of analyses :

98614

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…