Overall BTOG gets a technical rating of 0 out of 10. BTOG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BTOG has a bad 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 0.17, a Stop Loss order could be placed below this zone.
0.17
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The long term trend for BTOG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTOG is down. |
| ChartMill Relative Strength | 2.36 | NEGATIVE | BTOG has a low relative strength, it was outperformed by 97.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTOG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTOG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTOG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.28 | NEUTRAL | The RSI value for BTOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BTOG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.5 | NEUTRAL | The Stochastics value for BTOG is a neutral value. |
| Average True Range in percent/ATR (20) | 11.09 | HIGH VOLATILITY | The high ATR as a percentage value for BTOG suggests high volalility. |
| Average Directional Index/ADX (14) | 37.92 | POSITIVE | The high ADX value value for BTOG suggests a strong trend. |
0.1801
-0.01 (-3.69%)
ChartMill assigns a technical rating of 0 / 10 to BTOG.
The current trend direction for BIT ORIGIN LTD-CL A (BTOG) is Bearish.
BIT ORIGIN LTD-CL A (BTOG) has an RSI value of 36.278. This indicates that the stock is currently neutral.
The MACD indicator for BIT ORIGIN LTD-CL A (BTOG) has a value of 0.00288334, indicating a bearish trend.
BIT ORIGIN LTD-CL A (BTOG) has a support level at 0.17 and a resistance level at 0.19. Check the full technical report for our detailed analysis of BTOG support and resistance levels.