21SHARES BITCOIN SINGLE (2BTC.DE) Stock Technical Analysis
FRA:2BTC - CH0454664001 - ETF
32.474 EUR
+0.77 (+2.44%)
We assign a technical rating of 6 out of 10 to 2BTC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
2BTC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 2BTC is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that 2BTC is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month 2BTC has a been trading in the 30.81 - 34.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, 2BTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 32.26, a Stop Loss order could be placed below this zone.
More info and screens
22.91
35.07
We found 4 important support areas.
- A support zone ranging from 31.65 to 32.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.02 to 31.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.90 to 30.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.14 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.33 to 34.72. 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 | NEUTRAL | NEUTRAL | The short term trend for 2BTC.DE is neutral. |
| ChartMill Relative Strength | 92.96 | POSITIVE | 2BTC.DE has a high relative strength, it outperformed 92.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 2BTC.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 2BTC.DE is below 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) | 50.88 | NEUTRAL | The RSI value for 2BTC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests 2BTC.DE has a positive trend. |
| Stochastics (14,3) | 50.28 | NEUTRAL | The Stochastics value for 2BTC.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for 2BTC.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 8.96 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.63 | 31.64 | 0.99 (3.04%) | 25.00% |
| An entry @32.63. This is a Buy Stop order right above the 10 day high. | An exit @31.64. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.99 points, which is 3.04%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of 2BTC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:2BTC (9/10/2025, 7:00:00 PM)
32.474
+0.77 (+2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.44%
1 Week1.13%
2 Weeks0.91%
1 Month-5.77%
3 Month5.93%
6 Month29.46%
12 Month78.63%
2 Year272.15%
3 Year357.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%2.48%
ATR Inc-14.04%
Range Today0.67
ADR(20)0.64
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.96
Mansfield0.15
10 Day High32.62
10 Day Low30.81
20 Day High34.98
20 Day Low30.81
52 Week High35.72
52 Week Low17.57
CS1 End32.26
CR1 Start34.33
Volume & EV
DER(3)0%
DER(5)0%
Volume168.18K
Volume Incr2.38%
Vol(5)89.72K
Vol(50)95.23K