Based on today's classical pivot point (P1) with the value of $0.0₆2364, BitCone has support levels of $0.0₆2348, $0.0₆2324, and the strongest at $0.0₆2308. Similarly, BitCone resistance levels are at $0.0₆2387, $0.0₆2403, and $0.0₆2427.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆2348 | |
| S2 | $0.0₆2324 | |
| S3 | $0.0₆2308 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆2387 | |
| R2 | $0.0₆2403 | |
| R3 | $0.0₆2427 |
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) | 67.67 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 87.67 | SELL |
| Commodity Channel Index (20) | 77.72 | NEUTRAL |
| Average Directional Index (14) | 29.55 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -12.33 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 73.16 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, BitCone price was most positively correlated with the price of Bittensor (TAO), Bitcoin Cash (BCH), Shiba Inu (SHIB), LEO Token (LEO) and Venice Token (VVV) and most negatively correlated with the price of Polkadot (DOT), Decred (DCR), Immutable X (IMX), Cosmos (ATOM) and NEAR Protocol (NEAR).
| Name | Correlation |
|---|---|
| Bittensor | 0.786 |
| Bitcoin Cash | 0.737 |
| Shiba Inu | 0.683 |
| LEO Token | 0.660 |
| Venice Token | 0.592 |
| Name | Correlation |
|---|---|
| Polkadot | -0.753 |
| Decred | -0.728 |
| Immutable X | -0.719 |
| Cosmos | -0.678 |
| NEAR Protocol | -0.676 |
BitCone price is negatively correlated with the top 10 coins by market cap with a price of -0.163, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.153.
Currencies that are positively correlated with BitCone 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 BitCone, a move in one direction for BitCone would translate into a move in the opposite direction for the negatively correlated coin.
