Based on today's classical pivot point (P1) with the value of $0.0₅5415, trash can has support levels of $0.0₅4940, $0.0₅4702, and the strongest at $0.0₅4227. Similarly, trash can resistance levels are at $0.0₅5653, $0.0₅6128, and $0.0₅6366.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅4940 | |
| S2 | $0.0₅4702 | |
| S3 | $0.0₅4227 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅5653 | |
| R2 | $0.0₅6128 | |
| R3 | $0.0₅6366 |
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) | 9.45 | BUY |
| Stoch RSI (14) | 94.67 | SELL |
| Stochastic Fast (14) | 50.40 | NEUTRAL |
| Commodity Channel Index (20) | 85.28 | NEUTRAL |
| Average Directional Index (14) | 93.42 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -49.60 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 53.62 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, trash can price was most positively correlated with the price of Sun Token (SUN), Sei (SEI), Venice Token (VVV), Solana (SOL) and Bonk (BONK) and most negatively correlated with the price of Dash (DASH), Pi Network (PI), Sky (SKY), Bitcoin Cash (BCH) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Sun Token | 0.890 |
| Sei | 0.888 |
| Venice Token | 0.879 |
| Solana | 0.874 |
| Bonk | 0.848 |
| Name | Correlation |
|---|---|
| Dash | -0.790 |
| Pi Network | -0.652 |
| Sky | -0.541 |
| Bitcoin Cash | -0.507 |
| Morpho | -0.443 |
trash can price is positively correlated with the top 10 coins by market cap with a price of 0.526, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.442.
Currencies that are positively correlated with trash can 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 trash can, a move in one direction for trash can would translate into a move in the opposite direction for the negatively correlated coin.
