BTC USD technical analysis
This gauge displays a real-time Bitcoin technical analysis overview for your selected timeframe. The Bitcoin summary is based on the most popular technical indicators, such as moving Averages, oscillators, and pivot points.
Bitcoin technical ratings
Summary
Technical ratings: Neutral
Oscillators
Technical ratings: Neutral
| Name | Value | Rating |
|---|---|---|
RSI(14) | 45.78 | |
STOCH(9,6) | 54.94 | |
STOCHRSI(14) | 0.7399 | |
MACD(12,26) | -931.2029 | Buy |
ADX(14) | 24.31 | Sell |
Williams %R | -45.06195 | |
CCI(14) | -13.3418 | |
ATR(14) | - | - |
Hights/Lows(14) | 73,750.07 | Buy |
Awesome Oscillator(14) | -1659.1385 | |
ROC | -6.1325 | Sell |
Moving averages
Technical ratings: Sell
| Name | Value | Rating |
|---|---|---|
EMA(10) | 62,734.25 | Sell |
SMA(10) | 62,127.79 | Buy |
EMA(20) | 63,395.72 | Sell |
SMA(20) | 63,386.66 | Sell |
EMA(30) | 63,936.76 | Sell |
SMA(30) | 64,480.77 | Sell |
EMA(50) | 63,808.25 | Sell |
SMA(50) | 65,831.39 | Sell |
EMA(100) | 60,289.7 | Buy |
SMA(10) | 60,841.37 | Buy |
EMA(200) | 55,296.16 | Buy |
SMA(200) | 49,368.3 | Buy |
IBL | - | |
VWMA | - | |
HMA | 64,170.72 | Sell |
Pivot points
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See moreAbout technical ratings
Definition
Technical ratings are a technical analysis tool that combines the ratings of several technical indicators to make it easier for traders and investors to identify profitable trades.
Calculations
These are the criteria used to determine the rating of the individual indicators used. Note that changes from the last candlestick are used to determine falling or rising states:
All moving averages (MA)
Buy — MA value < price
Sell — MA value > price
Neutral — MA value = price
Ichimoku cloud
Buy — base line < price, conversion line crosses price from below, leading line 1 > price, and leading line 1 > leading line 2
Sell — base line > price, conversion line crosses price from above, leading line 1 < price, and leading line 1 < leading line 2
Neutral — neither Buy nor Sell
Relative strength index (RSI)
Buy — indicator < 30 and rising
Sell — indicator > 70 and falling
Neutral — neither Buy nor Sell
Stochastic
Buy — main line < 20 and main line crosses over the signal line
Sell — main line > 80 and main line crosses under the signal line
Neutral — neither Buy nor Sell
Commodity channel index (CCI)
Buy — indicator ≤ 100 and rising
Sell — indicator > 100 and falling
Neutral — neither Buy nor Sell
Average directional index (ADX)
Buy — indicator > 20 and +DI line crosses over the -DI line
Sell — indicator > 20 and +DI line crosses under the -DI line
Neutral — neither Buy nor Sell
Awesome oscillator (AO)
Buy — saucer and value are greater than 0, or cross over the zero line
Sell — saucer and value are lower than 0, or cross under the zero line
Neutral — neither Buy nor Sell
Momentum
Buy — indicator values are rising
Sell — indicator values are falling
Neutral — neither Buy nor Sell
MACD
Buy — main line values > signal line values
Sell — main line values < signal line values
Neutral — neither Buy nor Sell
Stochastic RSI
Buy — downtrend, K and D lines < 20, and K line crosses over the D line
Sell — uptrend, K and D lines > 80, and K line crosses under the D line
Neutral — neither Buy nor Sell
Williams Percent Range (Williams %R)
Buy — indicator < lower band and rising
Sell — indicator > upper band and falling
Neutral — neither Buy nor Sell
Bulls and Bears Power
Buy — uptrend, BearPower < zero, and BearPower is rising
Sell — downtrend, BullPower > zero, and BullPower is falling
Neutral — neither Buy nor Sell
Ultimate Oscillator (UO)
Buy — UO > 70
Sell — UO < 30
Neutral — neither Buy nor Sell
The value of the Sell rating is –1, the Neutral rating is 0, and the Buy rating is 1. The group and overall ratings are calculated as the average of the individual indicator ratings.
Recommendations for the group or overall ratings are based on this numerical rating value and determined according to the following criteria:
[–1.0 ≤ value < –0.5] — Strong Sell
[–0.5 ≤ value < –0.1] — Sell
[–0.1 ≤ value ≤ 0.1] — Neutral
[0.1 < value ≤ 0.5] — Buy
[0.5 < value ≤ 1.0] — Strong Buy
The basics
The recommendations given by each indicator are based on the ratings calculated for the sub-indicators included within them.
The overall rating of an indicator includes two large groups of sub-indicators. The first consists of SMAs and EMAs with different lengths (MA lengths are 10, 20, 30, 50, 100, and 200), the Ichimoku Cloud (9, 26, 52), VWMA (20), and HullMA (9). The second one is calculated on the following oscillators: RSI (14), Stochastic (14, 3, 3), CCI (20), ADX (14, 14), AO, Momentum (10), MACD (12, 26, 9), Stochastic RSI (3, 3, 14, 14), Williams %R (14), Bulls and Bears Power, and UO (7,14,28). Each group's rating is calculated separately. You can select the group in the indicator settings, and its respective rating calculation will be displayed on the chart.
What to look for
The technical ratings tool is designed to have values that fluctuate above and below a zero line. Its values are plotted as a histogram of red, green, and gray bars and depend on your selection. You can choose to view the value of the MA rating, the oscillator rating, or the average of both.
Columns are gray when the value of the indicator is between 0.1 and –0.1. Progressively more saturated green columns indicate rising values above 0.1, while progressively more saturated red columns indicate falling values below –0.1.
The label at the end of the histogram displays the state of the MA, oscillator, and overall ratings. Its color is determined by the value of the rating: gray for neutral, green for Buy or Strong Buy, and red for Sell or Strong Sell.
Summary
Technical ratings can be a valuable technical analysis tool for analysts and traders. Many traders use a selection of complementary indicators to make better decisions. Our technical ratings tool simplifies this task by combining the most popular indicators and their signals.
About technical indicators
Oscillators
Oscillators are popular and widely used as they are leading indicators that can signal a possible trend change that is yet to begin. This type of indicator oscillates between two limits, above and below a midpoint. Their value helps gauge the strength and momentum of a trend. Oscillators also typically signal if a market is overbought or oversold (meaning if the price is unjustifiably high or unjustifiably low), which could point to a reversal of the trend. This could be used to determine when to close positions.
Oscillators work best in ranging markets as they can show overbought or oversold conditions too soon in trending markets. Common things to look for are a midpoint cross, approaching maximum or minimum value, and regular or hidden divergence. Oscillators are usually plotted with a line or histogram. There are many types of oscillators, including the relative strength index, the stochastic oscillator, the true strength index, and the ultimate oscillator.
Moving averages
Moving averages are price-based, lagging (or reactive) indicators that display the average price of an asset over a set period of time. Moving averages are a good way to gauge momentum, confirm trends, and define areas of support and resistance. In essence, moving averages smooth out the "noise" when trying to interpret charts. Noise is made up of fluctuations in both price and volume. Because moving averages are lagging indicators that react to events that have already happened, they are not used as predictive indicators but rather interpretive indicators for confirmations and analysis.
In fact, moving averages form the basis of several other well-known technical analysis tools, such as the Bollinger bands and the MACD. There are different types of moving averages, which all take the same basic premise and add a variation. Most notable are the simple moving average (SMA), the exponential moving average (EMA), the weighted moving average (WMA), and the hull moving average (HMA).
Pivot points
Pivot point analysis is a technique for determining key levels that prices may react to. Pivot points tend to function as support or resistance and can be turning points. This technique is commonly used by day traders, though the concepts are valid for a variety of timeframes. There are several methods of identifying the exact points. Common types of pivot points are traditional, Fibonacci, Woodie, classic, camarilla, and DM. Each type has its own calculation method.
Most use a variation of significant prices, such as established highs, lows, and opening and closing prices, and then apply a calculation to determine these points. They all calculate additional support and resistance levels alongside the pivot points and can be used to determine when to enter or exit trades or the range of a market. Conservative traders look for additional confirmation before entering a trade. Whether pivot points are used alone or in combination with other techniques, they are a useful tool in a technical trader's toolbox.