Crypto Market Indicator

Providing insights for informed crypto trading decisions

Disclaimer: This is not financial advice.

Eva Giannatou

Eva Giannatou



Summary of BTC Price Indicators Status

📈: Buy Signal ⚖️: Neutral 📉: Sell Signal

Moving Averages ℹ️

  • Simple Moving Average (SMA): The 50-day SMA represents the average closing price of Bitcoin over the past 50 days, showing the mid-term trend.
  • Exponential Moving Average (EMA): The 200-day EMA places more weight on recent prices, providing a clearer picture of the long-term trend.

This plot is useful for identifying key trading signals:

  • Golden Cross: A bullish signal when the 50-day SMA crosses above the 200-day EMA, indicating a potential buy opportunity.
  • Death Cross: A bearish signal when the 50-day SMA crosses below the 200-day EMA, suggesting a potential sell opportunity.

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Bollinger Bands ℹ️

Bollinger Bands are volatility indicators that show the range within which a price is expected to move. They consist of a middle band (SMA), an upper band, and a lower band.

  • Upper Band: Indicates the upper limit of the expected price range, calculated as the middle band plus two standard deviations.
  • Middle Band: The 50-day SMA representing the average closing price, acting as a baseline.
  • Lower Band: Indicates the lower limit of the expected price range, calculated as the middle band minus two standard deviations.

This plot is useful for identifying key trading signals:

  • Overbought Condition: When the price moves above the upper band, indicating a potential sell opportunity.
  • Oversold Condition: When the price moves below the lower band, indicating a potential buy opportunity.

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Relative Strength Index ℹ️

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and helps identify overbought or oversold conditions in the market.

  • Calculation: RSI is calculated using the average gains and losses over a specified period (commonly 14 days), reflecting the magnitude of recent price changes.

This plot is useful for identifying key trading signals:

  • Overbought (Sell Signal): An RSI value above 70 suggests the asset is overbought, indicating a potential price correction or reversal.
  • Oversold (Buy Signal): An RSI value below 30 indicates the asset is oversold, suggesting a potential price increase or reversal.

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MACD ℹ️

The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator used to identify potential buy and sell signals in the market. It is composed of the MACD line, the Signal line, and a Histogram.

  • MACD Line: The difference between the 12-day and 26-day Exponential Moving Averages (EMA). It reflects short-term momentum relative to the longer-term trend.
  • Signal Line: A 9-day EMA of the MACD line, acting as a trigger for buy and sell signals.
  • Histogram: Represents the difference between the MACD line and the Signal line, visualizing the strength and direction of the signal.

This plot is useful for identifying key trading signals:

  • Bullish Crossover (Buy Signal): Occurs when the MACD line crosses above the Signal line, indicating increasing short-term momentum.
  • Bearish Crossover (Sell Signal): Occurs when the MACD line crosses below the Signal line, indicating weakening short-term momentum.

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Money Flow Index ℹ️

The Money Flow Index (MFI) is a momentum indicator that measures the inflow and outflow of money over a particular period, providing insights into the buying and selling pressure in the market. It is often referred to as a volume-weighted Relative Strength Index (RSI).

  • Money Flow: The typical price multiplied by volume, representing the value of the traded shares.
  • Positive Money Flow: Sum of the money flow values on days where the typical price is higher than the previous day.
  • Negative Money Flow: Sum of the money flow values on days where the typical price is lower than the previous day.

This plot is useful for identifying key trading signals:

  • Overbought Condition (Sell Signal): When the MFI is above 80, it suggests that the asset might be overbought and a price correction could occur.
  • Oversold Condition (Buy Signal): When the MFI is below 20, it suggests that the asset might be oversold and a price increase could follow.

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Average True Range ℹ️

The Average True Range (ATR) is a technical indicator that measures market volatility by decomposing the entire range of an asset's price over a specific period. It helps traders understand the degree of price movement and volatility in the market.

  • ATR Calculation: The ATR is computed as the greatest of the following:
    • Current high minus the current low.
    • Absolute value of the current high minus the previous close.
    • Absolute value of the current low minus the previous close.
    The ATR is then derived as an exponential moving average (EMA) of these values over a specified period, typically 14 days.

This plot is useful for identifying key trading signals:

  • High ATR (High Volatility): A high ATR value indicates high volatility, which may signal potential price breakouts and increased trading opportunities.
  • Low ATR (Low Volatility): A low ATR value indicates low volatility, suggesting a consolidation phase where significant price movements are less likely.

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Force Index ℹ️

The Force Index is a technical indicator that measures the strength behind a price movement by considering both the direction of the price change and the trading volume.

  • Calculation: The Force Index is calculated by multiplying the change in price (close-to-close) by the volume. It captures the market's momentum.
  • Positive Force: Indicates buying pressure when the price rises with high volume, suggesting a potential bullish trend.
  • Negative Force: Indicates selling pressure when the price falls with high volume, suggesting a potential bearish trend.

This plot is useful for identifying key trading signals:

  • High Positive Force (Buy Signal): A high positive Force Index indicates strong buying pressure, suggesting a potential buy opportunity.
  • High Negative Force (Sell Signal): A high negative Force Index indicates strong selling pressure, suggesting a potential sell opportunity.
  • Low Force (Neutral Signal): A low Force Index indicates weak momentum, suggesting a neutral or wait-and-see approach.

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Ease of Movement ℹ️

Ease of Movement (EMV) is an oscillator that attempts to quantify both price and volume into one quantity. It measures the 'ease' with which prices are moving by evaluating the relationship between price changes and volume.

  • EMV Line: Represents the ease of price movement, with positive values indicating an easier upward movement and negative values indicating an easier downward movement.
  • Volume: Higher volume reinforces the ease of movement, making significant price changes more likely.

This plot is useful for identifying key trading signals:

  • Positive EMV (Buy Signal): Indicates that price movements are happening with ease in an upward direction.
  • Negative EMV (Sell Signal): Indicates that price movements are happening with ease in a downward direction.
  • Neutral EMV: Suggests waiting for a more decisive signal as there is no clear trend.

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Fibonacci Retracement ℹ️

Fibonacci Retracement is a method of technical analysis for determining support and resistance levels. It uses horizontal lines to indicate areas of potential price reversal based on the Fibonacci sequence.

  • Retracement Levels: Key levels are 23.6%, 38.2%, 50%, 61.8%, and 100%. These percentages represent the potential retracement of the original price move.
  • Support and Resistance: Levels act as potential support during an uptrend and resistance during a downtrend, helping traders identify possible reversal points.

This plot is useful for identifying key trading signals:

  • Support Levels: When prices pull back to one of the Fibonacci levels during an uptrend, it might indicate a buying opportunity.
  • Resistance Levels: When prices retrace to one of the Fibonacci levels during a downtrend, it might indicate a selling opportunity.
  • Trend Confirmation: Fibonacci levels can be used to confirm the strength of a trend by observing how the price interacts with these levels.

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Logarithmic Regression ℹ️

Logarithmic Regression is a method of modeling the price data using a logarithmic scale. It helps in identifying the underlying trend and potential turning points in the market by fitting a logarithmic curve to the historical price data.

  • Logarithmic Scale: Uses a logarithmic function to model price changes, which is useful for handling exponential growth rates and large data ranges.
  • Trend Identification: Helps in recognizing long-term trends by smoothing out short-term fluctuations in the price data.

This plot is useful for:

  • Identifying Trend Reversals: Significant deviations from the logarithmic trend line can indicate potential reversals or corrections in the market.
  • Predicting Future Prices: By extending the logarithmic curve, traders can forecast future price levels and identify potential support and resistance zones.

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