Londinia Opportunities Analyses - 01/24/2022 (GMT) BRAINTRUST - BTRST/USDT - 1H

BRAINTRUST - BTRST/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: BTRSTUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 2.93 USDT
My targets
3.25 USDT (+5.96%)
3.59 USDT (+16.94%)
My analysis
The bullish trend is currently very strong on BRAINTRUST - BTRST/USDT. As long as the price remains above the support at 2.93 USDT, you could try to benefit from the boom. The first bullish objective is located at 3.25 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.59 USDT as an objective. Crossing it would then enable buyers to target 3.61 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The BRAINTRUST - BTRST/USDT price is 3.07 USDT. The price has increased by +12.45% since the last closing and was between 2.41 USDT and 3.18 USDT. This implies that the price is at +27.39% from its lowest and at -3.46% from its highest.

2.41
3.18
3.07

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BRAINTRUST - BTRST/USDT:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of BRAINTRUST - BTRST/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 2.50 2.73 2.93 3.07 3.61
Change (%) -18.57% -11.07% -4.56% - +17.59%
Change -0.57 -0.34 -0.14 - +0.54
Level Minor Minor Intermediate - Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.661.982.352.673.043.363.73
Camarilla2.542.602.672.732.792.862.92
Woodie1.701.992.392.683.083.373.77
Fibonacci1.982.242.402.672.933.093.36


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.151.111.702.663.254.214.80
Camarilla1.872.022.162.302.442.582.73
Woodie-0.031.021.532.573.084.124.63
Fibonacci1.111.702.072.663.253.624.21


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.683.043.233.593.784.144.33
Camarilla3.273.323.373.423.473.523.57
Woodie2.603.003.153.553.704.104.25
Fibonacci3.043.253.383.593.803.934.14

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): 59.64
MACD (12,26,9): 0.0500
Directional Movement: 30.33
AROON (14): 42.85
DEMA (21): 2.87
Parabolic SAR (0,02-0,02-0,2): 2.53
Elder Ray (13): 0.13
Super Trend (3,10): 2.64
Zig ZAG (10): 2.99
VORTEX (21): 1.0400
Stochastique (14,3,5): 70.26
TEMA (21): 2.88
Williams %R (14): -18.29
Chande Momentum Oscillator (20): 0.41
Repulse (5,40,3): 4.2400
ROCnROLL: 1
TRIX (15,9): 0.1200
Courbe Coppock: 2.76
MA7: 2.61
MA20: 2.85
MA50: -
MA100: -
MAexp7: 2.90
MAexp20: 2.81
MAexp50: 2.72
MAexp100: 2.66
Price / MA7: +17.62%
Price / MA20: +7.72%
Price / MA50: -
Price / MA100: -
Price / MAexp7: +5.86%
Price / MAexp20: +9.25%
Price / MAexp50: +12.87%
Price / MAexp100: +15.41%

Quotes : - Real time data - Cryptocompare