Londinia Opportunities Analyses - 09/24/2022 (GMT) BRAINTRUST - BTRST/USDT - 1H

- USDT (-)

- Real time data - Cryptocompare

Type:	Cryptocurrencies
Ticker:	BTRSTUSDT
ISIN:

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.

Cryptocurrencies
Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 2.39 USDT

My targets

2.71 USDT (+8.40%)

2.77 USDT (+10.68%)

My analysis

The bullish trend is currently very strong on BRAINTRUST - BTRST/USDT. As long as the price remains above the support at 2.39 USDT, you could try to benefit from the boom. The first bullish objective is located at 2.71 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.77 USDT as an objective. Crossing it would then enable buyers to target 3.24 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

8.8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

BRAINTRUST - BTRST/USDT rating 2.50 USDT. The price registered an increase of +1.63% on the session and was between 2.46 USDT and 2.50 USDT. This implies that the price is at +1.63% from its lowest and at 0% from its highest.

2.46

2.50

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 1H of this BRAINTRUST - BTRST/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

White marubozu

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	2.22	2.30	2.39	2.50	2.50	2.71	3.24
Change (%)	-11.20%	-8.00%	-4.40%	0%	-	+8.40%	+29.60%
Change	-0.28	-0.20	-0.11	0	-	+0.21	+0.74
Level	Minor	Minor	Major	Minor	-	Intermediate	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	1.99	2.19	2.32	2.52	2.65	2.85	2.98
Camarilla	2.37	2.40	2.43	2.46	2.49	2.52	2.55
Woodie	1.97	2.17	2.30	2.50	2.63	2.83	2.96
Fibonacci	2.19	2.31	2.39	2.52	2.64	2.72	2.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.86	1.95	2.05	2.14	2.24	2.33	2.43
Camarilla	2.10	2.12	2.13	2.15	2.17	2.19	2.20
Woodie	1.87	1.95	2.06	2.14	2.25	2.33	2.44
Fibonacci	1.95	2.02	2.07	2.14	2.21	2.26	2.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.15	0.70	1.31	2.16	2.77	3.62	4.23
Camarilla	1.51	1.64	1.78	1.91	2.04	2.18	2.31
Woodie	-0.28	0.64	1.18	2.10	2.64	3.56	4.10
Fibonacci	0.70	1.26	1.61	2.16	2.72	3.07	3.62

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):	55.82
MACD (12,26,9):	0.0200
Directional Movement:	36.50
AROON (14):	92.86
DEMA (21):	2.50
Parabolic SAR (0,02-0,02-0,2):	2.53
Elder Ray (13):	0.01
Super Trend (3,10):	2.44
Zig ZAG (10):	2.50
VORTEX (21):	1.0300
Stochastique (14,3,5):	97.32
TEMA (21):	2.50
Williams %R (14):	-2.78
Chande Momentum Oscillator (20):	0.03
Repulse (5,40,3):	0.2800
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	2.00

MA7:	2.35
MA20:	2.16
MA50:	2.08
MA100:	2.08
MAexp7:	2.49
MAexp20:	2.48
MAexp50:	2.44
MAexp100:	2.38
Price / MA7:	+6.38%
Price / MA20:	+15.74%
Price / MA50:	+20.19%
Price / MA100:	+20.19%
Price / MAexp7:	+0.40%
Price / MAexp20:	+0.81%
Price / MAexp50:	+2.46%
Price / MAexp100:	+5.04%

Quotes : - Real time data - Cryptocompare