BITWISE PHYSICAL BITCOIN ETP (BTCE.PA) Stock Technical Analysis
EPA:BTCE - Euronext Paris - Matif - DE000A27Z304 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to BTCE. Both in the recent history as in the last year, BTCE has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month BTCE has a been trading in the 87.92 - 94.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: BTCE has an average volume of 728 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BTCE did better than 93% of all other stocks. On top of that, BTCE also shows a nice and consistent pattern of rising prices.
BTCE 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 BTCE is lagging the market slightly.
Volume is considerably higher in the last couple of days.
BTCE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
62.47
93.95
5 important support areas can be observed.
- Support @81.75 from a horizontal line in the weekly time frame.
- Support @79.43 from a horizontal line in the daily time frame.
- Support @76.34 from a trend line in the weekly time frame.
- Support @67.53 from a trend line in the daily time frame.
- Support @63.10 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 90.42 to 93.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 BTCE.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTCE.PA is neutral. |
| ChartMill Relative Strength | 93.64 | POSITIVE | BTCE.PA has a high relative strength, it outperformed 93.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTCE.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTCE.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTCE.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.16 | NEUTRAL | The RSI value for BTCE.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests BTCE.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.3 | OVERSOLD | The low Stochastics value suggests BTCE.PA may be oversold. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for BTCE.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for BTCE.PA 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 |
|---|---|---|---|
| 90.43 | 87.91 | 2.52 (2.78%) | 25.00% |
| An entry @90.43. This is a Buy Stop order right above the 10 day moving average. | An exit @87.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.52 points, which is 2.78%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
EPA:BTCE (8/7/2025, 7:00:00 PM)
90.248
+1.28 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.44%
1 Week-2.97%
2 Weeks-1.02%
1 Month4.89%
3 Month9.17%
6 Month4.27%
12 Month78.13%
2 Year285.68%
3 Year366.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.53
ATR(20)%2.19%
ATR Inc-42.9%
Range Today0.92
ADR(20)1.01
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.64
Mansfield1.18
10 Day High93.59
10 Day Low87.92
20 Day High94.83
20 Day Low87.92
52 Week High96.45
52 Week Low45.54
CS1 End81.75
CR1 Start90.42
Volume & EV
DER(3)0%
DER(5)0%
Volume48
Volume Incr10.22%
Vol(5)1.09K
Vol(50)728.58