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GRAYSCALE BITCN MINI TRU ETF (BTC) Stock Technical Analysis

NYSEARCA:BTC - American Stock Exchange - US3899302075 - ETF - Currency: USD

46.23  +1.36 (+3.03%)

After market: 46.15 -0.08 (-0.17%)

Technical Rating and Analysis

7

Overall BTC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BTC is a bad performer.

When comparing the yearly performance of all stocks, BTC is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month BTC has a been trading in the 39.52 - 47.58 range, which is quite wide. It is currently trading near the high of this range.
BTC has an average volume of 3118900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GRAYSCALE BITCN MINI TRU ETF / BTC Weekly stock chart
GRAYSCALE BITCN MINI TRU ETF / BTC Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, BTC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 47.30. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

40.48

47.78

We found 1 important support area.

  • A support zone ranging from 40.89 to 41.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 47.30 to 47.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High47.58
10 Day Low43.12
20 Day High47.58
20 Day Low39.52
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-0.06%
2 Weeks8.09%
1 Month10.55%
3 Month652.93%
6 Month731.48%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.27
RSI(14)60.91
LBB40.87
UBB48.36
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
47.3243.114.21 (8.90%)11.24%
An entry @47.32. This is a Buy Stop order right above the resistance zone.An exit @43.11. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 4.21 points, which is 8.90%.When investing 11.24% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GRAYSCALE BITCN MINI TRU ETF / BTC Daily stock chart

GRAYSCALE BITCN MINI TRU ETF

NYSEARCA:BTC (1/29/2025, 8:07:49 PM)

After market: 46.15 -0.08 (-0.17%)

46.23

+1.36 (+3.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.03%
1 Week-0.06%
2 Weeks8.09%
1 Month10.55%
3 Month652.93%
6 Month731.48%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.87
ATR(20)%3.94%
ATR Inc-30.6%
Range Today1.57
ADR(20)1.47
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High47.58
10 Day Low43.12
20 Day High47.58
20 Day Low39.52
52 Week HighN/A
52 Week LowN/A
CS1 End41.81
CR1 Start47.3
Volume & EV
DER(3)-0.33%
DER(5)-1.07%
Volume909.40K
Volume Incr4.71%
Vol(5)1.48M
Vol(50)3.12M