Image of BTW
BTWBitway
$0.9174
-4.39%
1D

Bitway Analysis

Investment Score
A quick view into Bitway's investment prospects.
7.4

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • Solid Trend Structure: EMAs are stacked bullishly and price is holding above VWMA, confirming a healthy trend environment.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Quiet
Confidence: 92%
Why this state?
  • BTW is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
BTW is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 77.03, which points to stretched upside momentum.
Volatility
Quiet
BTW ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$1.27 - $1.49
Support zone
$0.5522 - $0.8004
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

Bitway support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.5522 - $0.8004
Resistance zone
$1.27 - $1.49
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.5522 - $0.8004
Support 2$0.00 - $0.3376
Resistance 1$1.27 - $1.49
Scenario Analysis
Bullish scenario

BTW clears the resistance zone at $1.27 - $1.49 and holds above it. That would strengthen the breakout case and shift attention to $1.27 - $1.49.

Bearish scenario

BTW loses the support zone at $0.5522 - $0.8004. That would weaken the setup and open the way toward $0.00 - $0.3376.

Neutral scenario

BTW continues trading between $0.8004 and $1.27. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.4983
Bullish
BTW is trading above the 50-day average.
SMA200
$0.1571
Bullish
BTW remains above the long-term trend line.
EMA50
$0.5393
Bullish
BTW is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.1806
Bullish
BTW is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
77.03
Overbought
RSI (14) is elevated at 77.03, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
82.42
Overbought
Stoch RSI (14) is high at 82.42, which shows momentum is pressing near its recent upper extreme.
MACD
0.1615
Bullish
MACD is above its signal line.
ATR
13.47%
Quiet
Volatility is below its 180-day median.
VWMA
$0.8061
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
203.77
Bullish
CCI (20) is strong at 203.77, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.3687
Bullish
Awesome Oscillator is above zero at $0.3687, which supports bullish momentum.
Williams Percent Range (14)
-1.62
Overbought
Williams Percent Range (14) is near the top of its recent range at -1.62.
Bull Bear Power (13)
$0.2493
Bullish
Bull Bear Power (13) is positive at $0.2493, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
69.42
Neutral
Ultimate Oscillator is at 69.42, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$1.14
Bullish
BTW is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.8300
Bullish
BTW is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Bitway

Over the past 7 days, Bitway price was most positively correlated with the price of The Graph (GRT), LayerZero (ZRO), Sei (SEI), NEAR Protocol (NEAR) and PancakeSwap (CAKE) and most negatively correlated with the price of Gnosis (GNO), Tezos (XTZ), World Liberty Financial (WLFI), Aster (ASTER) and StarkNet (STRK).

Positively Correlated Currencies
NameCorrelation
Image of The GraphThe Graph0.919
Image of LayerZeroLayerZero0.905
Image of SeiSei0.899
Image of NEAR ProtocolNEAR Protocol0.881
Image of PancakeSwapPancakeSwap0.875
Negatively Correlated Currencies
NameCorrelation
Image of GnosisGnosis-0.840
Image of TezosTezos-0.666
Image of World Liberty FinancialWorld Liberty Financial-0.645
Image of AsterAster-0.623
Image of StarkNetStarkNet-0.614

Bitway price is positively correlated with the top 10 coins by market cap with a price of 0.484, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.476. Currencies that are positively correlated with Bitway indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Bitway, a move in one direction for Bitway would translate into a move in the opposite direction for the negatively correlated coin.

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