BITWISE PHYSICAL BITCOIN ETP (BTCE.PA) Stock Technical Analysis
EPA:BTCE - Euronext Paris - Matif - DE000A27Z304 - ETF - Currency: EUR
Overall BTCE gets a technical rating of 6 out of 10. In the last year, BTCE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Warning: BTCE has an average volume of 1123 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 may just continue or reversal may be around the corner!
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.
Looking at the yearly performance, BTCE did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month BTCE has a been trading in the 79.68 - 86.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BTCE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 82.05, a Stop Loss order could be placed below this zone.
More info and screens
64.79
88.80
When analyzing the support we can see 4 important areas.
- A support zone ranging from 79.43 to 82.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.59 from a trend line in the weekly time frame.
- Support @68.69 from a trend line in the daily time frame.
- Support @65.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 83.17 to 84.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @86.04 from a trend line in the weekly time frame.
- Resistance @87.92 from a trend line in the daily time frame.
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 | 95.12 | POSITIVE | BTCE.PA has a high relative strength, it outperformed 95.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTCE.PA is below a declining 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) | 49.49 | NEUTRAL | The RSI value for BTCE.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests BTCE.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.12 | NEUTRAL | The Stochastics value for BTCE.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for BTCE.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.95 | 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 |
|---|---|---|---|
| 84.19 | 79.67 | 4.52 (5.37%) | 18.63% |
| An entry @84.19. This is a Buy Stop order right above the resistance zone. | An exit @79.67. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.52 points, which is 5.37%. | For a 1.00% total portfolio risk, you can invest 18.63% 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 (6/27/2025, 7:00:00 PM)
82.318
-0.25 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.31%
1 Week0.2%
2 Weeks-1.63%
1 Month-3.84%
3 Month17.13%
6 Month-0.99%
12 Month57.24%
2 Year216.85%
3 Year369.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%1.79%
ATR Inc-39.66%
Range Today0.5
ADR(20)0.82
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.12
Mansfield0.93
10 Day High83.59
10 Day Low79.68
20 Day High86.83
20 Day Low79.68
52 Week High96.45
52 Week Low41.92
CS1 End82.05
CR1 Start83.17
Volume & EV
DER(3)0%
DER(5)0%
Volume201
Volume Incr-41.71%
Vol(5)332.4
Vol(50)1.12K