21SHARES BITCOIN SINGLE (2BTC.DE) Stock Technical Analysis
FRA:2BTC - Deutsche Boerse Ag - CH0454664001 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to 2BTC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 2BTC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, 2BTC did better than 94% of all other stocks.
2BTC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
2BTC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
2BTC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.94
34.78
6 important support areas can be observed.
- A support zone ranging from 31.03 to 31.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.48 from a horizontal line in the weekly time frame.
- Support @29.54 from a horizontal line in the daily time frame.
- Support @27.91 from a trend line in the weekly time frame.
- Support @26.11 from a trend line in the daily time frame.
- Support @22.16 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.34 to 34.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 2BTC.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2BTC.DE is up. |
| ChartMill Relative Strength | 94.94 | POSITIVE | 2BTC.DE has a high relative strength, it outperformed 94.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 2BTC.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 2BTC.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 2BTC.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.48 | NEUTRAL | The RSI value for 2BTC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests 2BTC.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.42 | NEUTRAL | The Stochastics value for 2BTC.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for 2BTC.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for 2BTC.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:2BTC (7/18/2025, 7:00:00 PM)
33.886
-0.43 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.25%
1 Week0.72%
2 Weeks10.55%
1 Month11.17%
3 Month35.65%
6 Month-1.3%
12 Month65.95%
2 Year270.02%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%2.33%
ATR Inc-11.36%
Range Today0.94
ADR(20)0.49
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.94
Mansfield1.62
10 Day High35.35
10 Day Low30.82
20 Day High35.35
20 Day Low29.49
52 Week High35.72
52 Week Low16.5
CS1 End31.9
CR1 Start34.34
Volume & EV
DER(3)0%
DER(5)0%
Volume126.32K
Volume Incr63.16%
Vol(5)123.87K
Vol(50)87.68K