Based on today's classical pivot point (P1) with the value of $0.0₅8550, Study conviction has support levels of $0.0₅8392, $0.0₅8172, and the strongest at $0.0₅8015. Similarly, Study conviction resistance levels are at $0.0₅8770, $0.0₅8927, and $0.0₅9147.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8392 | |
| S2 | $0.0₅8172 | |
| S3 | $0.0₅8015 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8770 | |
| R2 | $0.0₅8927 | |
| R3 | $0.0₅9147 |
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) | 27.48 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 64.86 | NEUTRAL |
| Commodity Channel Index (20) | -301.75 | BUY |
| Average Directional Index (14) | 84.33 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -35.14 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 55.45 | NEUTRAL |
| 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, Study conviction price was most positively correlated with the price of Bitget Token (BGB), Decred (DCR), Ethena (ENA), Optimism (OP) and Mantle (MNT) and most negatively correlated with the price of LEO Token (LEO), DeXe (DEXE), JUST (JST), Sun Token (SUN) and Bitcoin Cash (BCH).
| Name | Correlation |
|---|---|
| Bitget Token | 0.739 |
| Decred | 0.698 |
| Ethena | 0.602 |
| Optimism | 0.571 |
| Mantle | 0.565 |
| Name | Correlation |
|---|---|
| LEO Token | -0.747 |
| DeXe | -0.686 |
| JUST | -0.623 |
| Sun Token | -0.591 |
| Bitcoin Cash | -0.560 |
Study conviction price is positively correlated with the top 10 coins by market cap with a price of 0.124, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.152.
Currencies that are positively correlated with Study conviction 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 Study conviction, a move in one direction for Study conviction would translate into a move in the opposite direction for the negatively correlated coin.
