Based on today's classical pivot point (P1) with the value of $0.5953, BigShortBets has support levels of $0.5916, $0.5851, and the strongest at $0.5814. Similarly, BigShortBets resistance levels are at $0.6017, $0.6055, and $0.6119.
| # | Price | Strength |
|---|---|---|
| S1 | $0.5916 | |
| S2 | $0.5851 | |
| S3 | $0.5814 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.6017 | |
| R2 | $0.6055 | |
| R3 | $0.6119 |
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) | 31.23 | NEUTRAL |
| Stoch RSI (14) | 9.24 | BUY |
| Stochastic Fast (14) | 5.20 | BUY |
| Commodity Channel Index (20) | -176.22 | BUY |
| Average Directional Index (14) | 32.17 | SELL |
| Awesome Oscillator (5, 34) | -0.14 | NEUTRAL |
| Momentum (10) | -0.15 | NEUTRAL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -94.80 | BUY |
| Bull Bear Power (13) | -0.17 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 25.38 | BUY |
| VWMA (10) | 0.66 | SELL |
| Hull Moving Average (9) | 0.56 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.73 | NEUTRAL |
Over the past 7 days, BigShortBets price was most positively correlated with the price of Sei (SEI), XDC Network (XDC), LayerZero (ZRO), Sky (SKY) and Immutable X (IMX) and most negatively correlated with the price of Bitcoin SV (BSV), JUST (JST), Jito (JTO), Aave (AAVE) and Avalanche (AVAX).
| Name | Correlation |
|---|---|
| Sei | 0.731 |
| XDC Network | 0.686 |
| LayerZero | 0.678 |
| Sky | 0.654 |
| Immutable X | 0.647 |
| Name | Correlation |
|---|---|
| Bitcoin SV | -0.836 |
| JUST | -0.793 |
| Jito | -0.775 |
| Aave | -0.764 |
| Avalanche | -0.517 |
BigShortBets price is positively correlated with the top 10 coins by market cap with a price of 0.123, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.228.
Currencies that are positively correlated with BigShortBets 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 BigShortBets, a move in one direction for BigShortBets would translate into a move in the opposite direction for the negatively correlated coin.
