Based on today's classical pivot point (P1) with the value of $62,931, teleBTC has support levels of $60,259, $58,533, and the strongest at $55,861. Similarly, teleBTC resistance levels are at $64,657, $67,329, and $69,055.
| # | Price | Strength |
|---|---|---|
| S1 | $60,259 | |
| S2 | $58,533 | |
| S3 | $55,861 |
| # | Price | Strength |
|---|---|---|
| R1 | $64,657 | |
| R2 | $67,329 | |
| R3 | $69,055 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 46.18 | NEUTRAL |
| Stoch RSI (14) | 27.05 | NEUTRAL |
| Stochastic Fast (14) | 31.38 | NEUTRAL |
| Commodity Channel Index (20) | -16.88 | NEUTRAL |
| Average Directional Index (14) | 22.56 | NEUTRAL |
| Awesome Oscillator (5, 34) | -2,695.04 | NEUTRAL |
| Momentum (10) | 2,520.56 | NEUTRAL |
| MACD (12, 26) | 143.93 | NEUTRAL |
| Williams Percent Range (14) | -68.62 | NEUTRAL |
| Bull Bear Power (13) | 1,758.49 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 58.79 | NEUTRAL |
| VWMA (10) | 61,197.46 | BUY |
| Hull Moving Average (9) | 63,680.85 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 66,894.99 | NEUTRAL |
Over the past 7 days, teleBTC price was most positively correlated with the price of TRON (TRX), Sun Token (SUN), Bitcoin Cash (BCH), JUST (JST) and Immutable X (IMX) and most negatively correlated with the price of Venice Token (VVV), Zebec Network (ZBCN), Artificial Superintelligence Alliance (FET), Quant (QNT) and Pi Network (PI).
| Name | Correlation |
|---|---|
| TRON | 0.753 |
| Sun Token | 0.747 |
| Bitcoin Cash | 0.737 |
| JUST | 0.715 |
| Immutable X | 0.712 |
| Name | Correlation |
|---|---|
| Venice Token | -0.746 |
| Zebec Network | -0.687 |
| Artificial Superintelligence Alliance | -0.683 |
| Quant | -0.563 |
| Pi Network | -0.559 |
teleBTC price is positively correlated with the top 10 coins by market cap with a price of 0.214, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.102.
Currencies that are positively correlated with teleBTC 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 teleBTC, a move in one direction for teleBTC would translate into a move in the opposite direction for the negatively correlated coin.
